Trends - Fatih Birol - Business Recorder

Fatih Birol

Oil demand set to peak by 2029, major supply glut looms, IEA says

LONDON: Global oil demand will peak by 2029 and begin to contract the next year, the International Energy Agency...

Published 12 Jun, 2024 01:17pm

World

World falling short on 2030 renewables goal: IEA

PARIS: Nations are falling short of the goal agreed at UN climate talks to triple renewable energy capacity by 2030...

Published 04 Jun, 2024 01:02pm

World

IEA warns of key energy mineral shortage risk

PARIS: The sharp drop in prices for minerals critical to the green energy transition is masking a looming shortage...

Published 17 May, 2024 11:53am

World

Nuclear power absolutely needed to reach climate goals, IEA’s Birol says

BRUSSELS: Nuclear power is absolutely needed to reach worldwide climate goals, the head of the International Energy...

Published 21 Mar, 2024 01:35pm

Business & Finance

Trade barriers can slow energy transition: IEA chief

DAVOS: Trade barriers can slow the world’s energy transition but commerce also needs to be fair, International...

Published 18 Jan, 2024 05:54am

Markets

Oil and gas investment could halve by 2030 to meet climate goal: IEA

PARIS: The current $800 billion invested annually in the global oil and gas sector could be halved by 2030 if a goal...

Published 23 Nov, 2023 11:51am

World

Oil market on edge over Middle East crisis, IEA’s Birol says

OSLO: The oil market is “on edge” over the latest crisis in the Middle East, the head of the International Energy...

Published 21 Nov, 2023 03:01pm

Markets

Fossil fuel demand to peak this decade: IEA chief tells FT

PARIS: World demand for oil, gas and coal is forecast to peak this decade for the first time as the use of cleaner...

Published 12 Sep, 2023 02:13pm

World

Peak in oil demand ‘in sight’ before end of decade: IEA

PARIS: Global oil demand could peak before the end of this decade as the energy crisis has accelerated the...

Published 14 Jun, 2023 01:43pm

Markets

Renewable energy capacity additions to hit record: IEA

PARIS: Renewable power capacity will grow by a record number this year as high fossil fuel prices and energy ...

Published 05 Jun, 2023 03:27am

Markets

Oil supply won't be affected by stricter price cap enforcement: IEA

HIROSHIMA: The International Energy Agency (IEA) does not expect moves by the Group of Seven nations to counter the...

Published 21 May, 2023 11:01am

Business & Finance

Russia oil output exceeds expectation, but pressure looms: IEA

STAVANGER, (Norway): Russia’s oil output has exceeded expectations in the wake of the war in Ukraine but Moscow...

Published 30 Aug, 2022 06:21am

Markets

US, IEA urge Asian countries to diversify energy supply chains

SYDNEY: The United States and the International Energy Agency on Tuesday urged Asian countries to diversify their...

Published 13 Jul, 2022 05:48am

Markets

US, allies agree oil reserves release as oil prices soar

TOKYO: Members states of the International Energy Agency (IEA) agreed on Tuesday a coordinated release of 60 million...

Published 02 Mar, 2022 04:35am

World risks more years of high energy prices: IEA

PARIS: The world faces more years of high energy prices and emissions unless the electricity sector changes faster...

Published 15 Jan, 2022 05:50am

World

IEA chief pleads for 'real global action' on climate

PARIS: As head of the organisation that advises countries on energy policy, Fatih Birol has a blunt message to...

Published 12 Oct, 2021 04:44am

Opinion

Nuclear option: Earth's climate panacea or poison?

For its supporters, nuclear energy is the world's best - perhaps only - hope to avoid catastrophic climate change....

Published 12 Oct, 2021 04:44am

Markets

Clean investment surge needed to meet climate goals: IEA

He said in a statement accompanying the report that delivering cleaner emissions constituted "a massive investment opportunity" that would provide job opportunities.

Published 09 Jun, 2021 10:11am

No new fossil fuel projects for net-zero: IEA

PARIS: All future fossil fuel projects must be scrapped if the world is to reach net-zero carbon emissions by 2050...

Updated 19 May, 2021 10:13am

Markets

Renewable energy powers ahead in 2020: report

Installation of new photovoltaic solar panels should also continue to break records, hitting 160 GW by 2022.

Published 11 May, 2021 10:12am

World

CO2 emissions set to surge, IEA warns

The IEA expects both solar and wind to post their largest annual rises ever, at around 17 percent.

Published 20 Apr, 2021 11:22am

Markets

Oil demand to reach record by 2026: IEA

"By contrast, demand in many advanced economies, where vehicle ownership and oil use per capita are much higher, is not expected to return to pre-crisis levels," the IEA said.

Published 17 Mar, 2021 02:14pm

World

CO2 pollution returns, climate goals at risk: IEA

PARIS: Global CO2 emissions have returned to pre-pandemic levels and then some, threatening to put climate treaty...

Updated 03 Mar, 2021 09:37am

Markets

CO2 pollution bounces back, climate goals at risk: IEA

In India, they rose above 2019 levels from September as economic activity increased and Covid restrictions relaxed.

Published 02 Mar, 2021 11:37am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Nov 21	278.03
USD PKR Interbank Buying / Nov 21	277.78
USD to Japanese Yen / Nov 21	154.92
USD to Swiss Franc / Nov 21	0.88
Pound Sterling to USD / Nov 21	1.26
Euro to USD / Nov 21	1.05

Stock	Volume
S&P 500 / Nov 20	5,917.11
Nasdaq / Nov 20	18,966.14
Dow Jones / Nov 20	43,408.47
India Sensex / Nov 21	77,137.20
Tokyo Nikkei / Nov 21	38,026.17
Hang Seng / Nov 21	19,620.49
FTSE 100 / Nov 21	8,069.57
Germany DAX 30 / Nov 21	18,942.65

Item	Value
Crude Oil USD/Barrel / Nov 21	69.38
Karachi Cotton PKR/37.32 KG / Nov 21	17,785
Gold 10 Grams PKR / Nov 21	238,340
Gold Spot USD/Ounce / Nov 21	2,662.71
Cotton US¢/pound / Nov 21	70.60
Petrol/Litre / Nov 22	248.38

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Nov 22 786 Investments Limited(786)	7.11 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Nov 22 Al-Abbas Sugar Mills Limited(AABS)	611.40 ▼ 0.00 (0.00%)
Agro Allianz / Nov 22 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Nov 22 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Nov 22 Ali Asghar Textile Mills Limited(AATM)	63.60 ▼ 0.00 (0.00%)
Allied Bank / Nov 22 Allied Bank Limited(ABL)	114.42 ▼ 0.00 (0.00%)
Abbott Lab. / Nov 22 Abbott Laboratories (Pakistan) Limited(ABOT)	1,048.22 ▼ 0.00 (0.00%)
Abson Ind. / Nov 22 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Nov 22 Alfalah Consumer Index ETF.(ACIETF)	12.32 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Nov 22 786 Investments Limited(786)	7.11 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Nov 22 Al-Abbas Sugar Mills Limited(AABS)	611.40 ▲ 0.00 (0.00%)
Agro Allianz / Nov 22 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Nov 22 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Nov 22 Ali Asghar Textile Mills Limited(AATM)	63.60 ▲ 0.00 (0.00%)
Allied Bank / Nov 22 Allied Bank Limited(ABL)	114.42 ▲ 0.00 (0.00%)
Abbott Lab. / Nov 22 Abbott Laboratories (Pakistan) Limited(ABOT)	1,048.22 ▲ 0.00 (0.00%)
Abson Ind. / Nov 22 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Nov 22 Alfalah Consumer Index ETF.(ACIETF)	12.32 ▲ 0.00 (0.00%)

Stock	Volume
K-Electric Ltd. / Nov 22 K-Electric Limited(KEL)	174,389,145 ▲ 0.00
Hascol Petrol / Nov 22 Hascol Petroleum Limited(HASCOL)	63,973,243 ▲ 0.00
Kohinoor Spining / Nov 22 Kohinoor Spinning Mills Limited(KOSM)	62,996,737 ▲ 0.00
Aisha Steel Mill / Nov 22 Aisha Steel Mills Limited(ASL)	48,137,561 ▲ 0.00
Waves Home Appliances / Nov 22 Waves Home Appliances Limited(WAVESAPP)	43,506,391 ▲ 0.00
Lotte Chemical / Nov 22 Lotte Chemical Pakistan Limited(LOTCHEM)	40,852,960 ▲ 0.00
Telecard Limited / Nov 22 Telecard Limited(TELE)	36,937,252 ▲ 0.00
Cnergyico PK / Nov 22 Cnergyico PK Limited(CNERGY)	31,401,025 ▲ 0.00
WorldCall Telecom / Nov 22 Worldcall Telecom Limited(WTL)	31,346,592 ▲ 0.00

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Fatih Birol

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