A new report from the International Energy Agency (IEA) reveals that methane emissions from the energy sector remained at near-record levels in 2025, suggesting that fixing mega-leaks could significantly boost energy stock.
The International Energy Agency (IEA) reports that more than double the amount of gas currently stuck in the Strait of Hormuz is wasted each year, highlighting the potential for methane emission reductions to address energy and climate crises.
The International Energy Agency (IEA) predicts that global liquefied natural gas (LNG) markets will remain tight through 2027, indicating potential supply challenges.
The International Energy Agency (IEA) has issued a warning that the global gas market, especially for LNG, is expected to remain tight and unstable until 2027. This forecast is attributed to the ongoing conflict in the Middle East, particularly the Iran war.
The International Energy Agency (IEA) chief has issued a stark warning that the world faces its most significant energy security threat ever. This crisis is reportedly amplified by the ongoing Iran war, which is impacting global oil demand and accelerating the appeal of renewables.
The International Energy Agency (IEA) has issued new recommendations to governments, advising against reductions in special consumption taxes on fuels while advocating for targeted measures to support vulnerable populations and incentives for energy saving.
The head of the International Energy Agency (IEA) has reportedly called for the construction of a new oil pipeline between Iraq and Turkey to decrease reliance on the Strait of Hormuz.
The head of the International Energy Agency (IEA) has reportedly proposed the development of an Iraq-Turkey pipeline as a strategic alternative to bypass the Strait of Hormuz.
The International Energy Agency (IEA) and other organizations have issued urgent warnings that Europe could run out of jet fuel within six weeks. This potential shortage is a primary concern for the EU, prompting discussions about emergency plans.
The U.S. Treasury Secretary has accused China of hoarding oil and acting as an 'unreliable global partner,' leading to market distortion. The International Energy Agency and the International Monetary Fund have also issued warnings regarding China's actions.
Bessent stated that China has been an unreliable partner by hoarding oil, noting its strategic petroleum reserve is comparable in size to that of the entire International Energy Agency.
The International Energy Agency (IEA) has projected that global crude oil demand will experience its sharpest quarterly decline since the COVID-19 pandemic. This forecast indicates a significant downturn in the oil market.
The International Energy Agency (IEA) warns that recent drone attacks on Russian ports are putting Indian refining operations at risk, highlighting the broader economic impact of the conflict.
The International Energy Agency (IEA) has warned that April will see an "even worse" global energy crisis, with oil prices nearing $100, the Strait of Hormuz blocked, and infrastructure destroyed. The IMF and World Bank are mobilizing up to $60 billion to mitigate the impact.
The head of the International Energy Agency warns that the world is entering an unprecedented global crisis, providing six reasons why this crisis is projected to last longer than the conflict in the Middle East.
The head of the International Energy Agency (IEA) stated that the current oil and gas crisis, exacerbated by the blockade of the Strait of Hormuz, is more severe than the combined crises of 1973, 1979, and 2022. The statement also referenced an ultimatum from Trump.
The head of the International Energy Agency (IEA) has issued a warning of a potential "black April" for global oil supply if the Strait of Hormuz remains blocked, impacting the economy and energy provision.
The International Energy Agency (IEA) has issued a stark warning that a major global energy crisis is just beginning, predicting that April will see a significant deterioration in the situation.
The head of the International Energy Agency warns that oil disruptions will double this month, affecting Europe, while the UK government continues contingency planning for the economic fallout from the Middle East crisis. Germany's economic growth forecast has been cut from 1.3% to 0.6% due to the Iran war, the Czech National Bank discusses mitigating impacts, and Romania and the Netherlands see a surge in electric and hybrid car registrations due to rising fuel prices.
The International Energy Agency (IEA) has suggested working from home as an immediate solution to the ongoing energy crisis, which is being intensified by instability and rising fuel prices due to the Middle East conflict.
UK minister Michael Shanks stated that British drivers do not need to alter their driving habits or fuel purchasing methods, despite recent suggestions from the International Energy Agency.
The head of the International Energy Agency has reiterated warnings that the current energy crisis, exacerbated by the Iran War, is more severe than the oil crises of the 1970s, causing an 'overnight shock' to farmers and raising concerns about global jobs and businesses, with Asia particularly at the forefront.
Australia's Labor government is under pressure to respond boldly to the oil shock, considering unconventional ideas like leveraging gas exports for oil imports, following suggestions from the International Energy Agency to reduce road use.
The International Energy Agency (IEA) has issued a warning about a potential six-month disruption to global oil supplies, likely due to ongoing geopolitical tensions.
Following global energy and oil price increases, the Macedonian government will introduce emergency measures tomorrow to mitigate the impact of high gasoline prices on consumers, aligning with proposals from the International Energy Agency.
The International Energy Agency (IEA) has warned of the most serious threat to global energy security in history, urging governments and companies to promote energy saving and specifically recommending measures like working from home, driving slower, and flying less to manage the Iran war’s disruption to global markets.
The Dutch government has announced it does not plan to introduce new energy-saving measures at this time, despite a recent warning from the International Energy Agency (IEA).
The International Energy Agency has listed ten measures, including teleworking and reducing driving speed, proven effective in cutting oil consumption to mitigate the impact of the Middle East war on prices.
The Spanish Council of Ministers has approved the immediate release of up to 11.5 million barrels of oil from national reserves, an operation coordinated with the International Energy Agency to mitigate price increases caused by the war in Iran and stabilize markets.
The International Energy Agency (IEA) is releasing 411.9 million barrels from its emergency oil reserves in response to a global alert regarding oil supply. Member countries are prepared to release further quantities if necessary, maintaining over 1.4 million barrels in emergency stocks.
Greek Minister of National Economy and Finance, Kyriakos Pierrakakis, is traveling to Paris to participate as a keynote speaker at the 14th annual Euronext conference and will meet with the head of the International Energy Agency.
The International Energy Agency (IEA) has announced that an additional 400 billion barrels of oil are expected to be released to the market soon, providing more details on the execution of a supply plan.
Over 400 million barrels of oil from the International Energy Agency's emergency reserves will begin to reach markets in the coming period, the institution announced in the most...
Member countries of the International Energy Agency (IEA) have decided to release a total of 411.9 million barrels of oil from their strategic reserves, which will soon be channeled into global markets.
Canadian Prime Minister Mark Carney and Norway's Jonas Gahr Støre emphasized energy stability during talks in Oslo as the Middle East war impacts global oil markets. Canada announced it will release 23.6 million barrels following an International Energy Agency call for coordinated action, adding to the pressure on energy markets as the conflict triggers emergency oil measures and policymakers warn of an Iran oil shock.
The International Energy Agency (IEA) reports that the Middle East war is causing the largest oil supply disruption in history, significantly impacting global energy markets.
Experts are advising Finland to open its oil reserves following a historic proposal by the International Energy Agency for a large-scale release of oil stockpiles.
The International Energy Agency reported that Russia's oil revenues fell to their lowest level since the full-scale invasion of Ukraine last month, though this trend could reverse due to the situation in the Middle East.
The International Energy Agency agreed to release 400 million barrels of oil from emergency reserves after the Iran war halted shipping through the Strait of Hormuz and drove global crude prices…
The price of oil again exceeded $100 per barrel in the early hours of Thursday. Decisions by countries and the International Energy Agency to release reserves of the raw material have not eased supply concerns, which...
Iran said the world should be ready for oil at $200 a barrel as its forces hit merchant ships on Wednesday and the International Energy Agency recommended a massive release of strategic reserves to…
alling briefly after reports came out that the International Energy Agency would release oil reserves, crude prices rebounded yesterday as markets expressed doubts the plan would push through and…
Stocks jumped and oil tumbled after the International Energy Agency (IEA) called an extraordinary meeting to decide on a Strategic Petroleum Reserve (SPR) release, with futures reversing some overnight losses as the US cash open approached.
Many countries, especially members of the International Energy Agency (IEA), maintain strategic oil reserves to cushion the fallout from economic shocks and could draw on them if the war in the Middle East endures.
Fatih Birol, Executive Director of the International Energy Agency, warned that turning back to Russia for gas supplies would be economically and politically wrong.
India has formally requested full membership in the International Energy Agency (IEA), a move that is described as a complex process due to various requirements and geopolitical considerations.
The International Energy Agency (IEA) has issued a warning that methane emissions from fossil fuels remain "very high" and suggests that capturing these emissions could provide substantial amounts of gas, potentially aiding the energy crisis.
Donald Trump has recently made various public statements, including announcing plans to release UFO files and mocking the NASA chief, while also proposing new retirement plans and being nominated for the Nobel Peace Prize. These actions and remarks have drawn international attention and domestic discussion.
The International Energy Agency (IEA) believes the energy crisis will boost nuclear power, suggesting various investment avenues including mining, refining stocks, and uranium ETFs.
The International Energy Agency (IEA) predicts that the supply of liquefied natural gas (LNG) will likely remain restricted until the end of 2027, attributing this to ongoing disruptions and damage to infrastructure.
The global jet fuel crisis, with prices more than doubling since the Middle East war began, could significantly alter air travel plans. The head of the International Energy Agency noted that Europe has only about six weeks of jet fuel supply remaining.
The International Energy Agency (IEA) has issued a stark warning, stating that the ongoing war in Iran is responsible for the biggest energy crisis in history.
The head of the International Energy Agency (IEA) stated that current conflicts, specifically mentioning the US and Israel's war against Iran, are causing the greatest crisis in history regarding energy.
The International Energy Agency (IEA) has indicated that global power demand is projected to rise in 2025, primarily fueled by the expansion of electric vehicles and data centers.
The International Energy Agency (IEA) chief announced that it would take approximately two years for energy supplies from the Middle East to return to pre-conflict production levels. This projection follows recent disruptions in the region.
Three major global institutions – the International Monetary Fund (IMF), World Bank, and International Energy Agency (IEA) – have announced coordinated measures to stabilize energy markets and support vulnerable countries amidst the ongoing Middle East conflict.
A Gulf oil crisis, linked to an 'Iran war,' has revealed significant shortcomings in government readiness, according to the International Energy Agency. The agency concluded that this event created the largest supply disruption in the history of the global oil market.
The International Energy Agency (IEA) has issued a warning that closing a critical strait could lead to significant global disruptions, alongside a projected major decline in crude oil demand for the second quarter.
Wall Street has reportedly ignored geopolitical tensions, with markets trading higher than before the conflict, while the International Energy Agency warns that current oil prices do not reflect the reality of the situation.
The International Energy Agency (IEA) reported that global oil demand is plummeting by the most since the pandemic, with the 'Iran war' erasing 2026 growth projections. Airlines are urging the EU to intervene as the conflict chokes jet fuel supplies.
The International Energy Agency (IEA) has stated that oil prices will soon converge to reflect the severity of the Iran crisis. The IEA chief also voiced readiness to release more oil reserves if needed.
The heads of the International Energy Agency, International Monetary Fund, and World Bank are scheduled to meet next Monday to discuss the ongoing global energy crisis.
The head of the International Energy Agency (IEA) stated that the current oil and gas crisis surpasses the combined severity of the 1973, 1979, and 2022 crises.
The International Energy Agency (IEA) suggests that increasing remote work to three days a week could reduce an employee's fuel consumption by 20%. This comes as discussions continue on how to mitigate the impact of rising fuel costs.
The International Energy Agency (IEA) is ready to release additional oil reserves following Japan's request, signaling further action amid Middle East tensions and the Iran war, which are expected to lead to higher energy and consumer prices. Ireland's Central Bank has warned that a severe energy shock from the Iran war could push inflation above 4% this year, while the UK government plans to invest £100m to restart a Teesside CO2 plant as a contingency measure.
Japan's Takaichi has requested the head of the International Energy Agency (IEA) to prepare for an additional "coordinated release" of oil reserves, indicating readiness to act "if and when necessary."
The International Energy Agency (IEA) has warned that the current threat posed by the Iran war is more severe than the oil crises of the 1970s, despite public perception, urging a closer look at the numbers.
The International Energy Agency (IEA) has reported that more than 40 energy facilities in the Middle East have been severely damaged during the ongoing Iran war, which quickly escalated into a conflict over oil and gas.
The International Energy Agency (IEA) has warned that the current crisis, citing the consequences of Russia's 2022 invasion of Ukraine, represents 'two oil crises and a collapse of the gas market together,' potentially leading to the worst energy crisis.
The head of the International Energy Agency (IEA) has called on governments worldwide to reduce oil consumption as the crisis in the Strait of Hormuz intensifies, raising concerns about global energy security.
The International Energy Agency (IEA) has identified several demand-side measures aimed at easing the strain on crude oil prices, which have been impacted by disruptions in the Gulf region.
The current global oil supply shock, declared the greatest ever by the International Energy Agency, is drawing parallels to the 1970s, compelling governments and institutions to rethink energy security in the context of the Israel-Iran War.
The International Energy Agency (IEA) has recommended that people change how they travel, work, and cook, including working from home and driving more slowly, to save energy and tackle the ongoing energy price crisis exacerbated by the Iran war.
Fatih Birol, the executive director of the International Energy Agency, does not rule out another release of part of the member states' strategic oil reserves to ease prices.
Environmentfazorfdie-presse+8aktualne-czsydney-morning-heraldhindustraits-timesbalkan-webnewsbeastgulf-newsDaily Star BD1mo ago11 sources
The International Energy Agency (IEA) has advised individuals and countries, including Australia, to work from home, reduce air travel, and cut speed limits as strategies to manage the impact of rising energy prices and guard against potential oil shocks.
The International Energy Agency (IEA) has announced that previously unblocked oil stocks are beginning to arrive on the market. This additional supply is expected to help contain oil prices in the coming days.
The head of the International Energy Agency (IEA) stated that more oil stocks could be released if necessary, indicating a readiness to stabilize global oil markets amidst ongoing geopolitical tensions.
Strategic oil reserves will be released “immediately” in Asia and Oceania, and as early as the end of March in America and Europe, the International Energy Agency said on Sunday.
Japan has decided to release oil from its strategic reserves, a move that comes as the International Energy Agency (IEA) is focusing on the Asia-Pacific region's response to the ongoing conflict in the Middle East. This decision highlights concerns about potential supply disruptions and price volatility stemming from the regional tensions.
The International Energy Agency announced that oil from strategic reserves will be released immediately in Asia and Oceania, with releases in America and Europe beginning at the end of March.
The International Energy Agency (IEA) has outlined plans for the release of 400 million barrels of oil from strategic reserves, aiming to alleviate the surge in global oil prices caused by the ongoing war.
Of the 400 million barrels released worldwide, the International Energy Agency (IEA) counts 172.2 million barrels from stocks in the Americas, nearly 110 million...
The International Energy Agency (IEA) has confirmed that the war in Iran is causing the 'greatest disruption' ever seen in the oil market, despite the release of emergency reserves, with Saudi Aramco's CEO warning of 'catastrophic consequences' for the global market.
G7 leaders have announced the record release of 400 million barrels of oil in response to the war in the Middle East. This represents about twenty days worth of usual oil traffic through the Strait of Hormuz, currently through dangerous to go through due to the threat of Iranian strikes. This initiative aims 'to calm markets down', as FRANCE 24's Philip Turle explains.
The International Energy Agency today authorized the largest release of oil reserves in its history to curb oil price increases due to US and Israeli attacks on Iran.
The oil market on Wednesday saw the strongest effort by far to ensure adequate global supplies of the commodity, but commodities guru Jeff Currie said the International Energy Agency’s decision to…
The International Energy Agency (IEA) has approved the release of 400 million barrels of oil to compensate for supply losses due to an "effective shutdown".
MANILA, Philippines — The Philippine National Police – Highway Patrol Group (PNP -HPG) ordered its patrol officers to save on fuel amid looming price hikes triggered by escalating tensions in the…
Finance ministers from leading industrial nations (G-7) held an emergency meeting with the International Energy Agency to discuss rising oil prices, which have been driven to new heights by the ongoing conflict between the USA, Israel, and Iran.
An emergency meeting of the G7 is scheduled to discuss the release of strategic oil reserves, which are part of an emergency system maintained by the International Energy Agency.
The 2026 International Energy Agency (IEA) Ministerial Meeting in Paris is noted as marking the end of an era of optimistic consensus and the beginning of a new era of energy geopolitical realism.
From a 13-month contract at the International Energy Agency (IEA) in 1995 to leading the institution that world leaders now consult for guidance, Fatih Birol plays a dominant role...
The U.S. has renewed its threat to leave the International Energy Agency (IEA) if the global energy watchdog does not move away from its net zero agenda, according to U.S. energy chief Chris Wright.
The U.S. energy chief has warned that the United States could withdraw from the International Energy Agency if the organization continues to prioritize climate issues.
A new report by the International Energy Agency reveals that methane emissions from Australian coalmines are more than double the government's official estimates, prompting calls for rapid cuts in greenhouse gas emissions.
Consumers are experiencing significant increases in diesel costs, with one individual reporting a €40 rise in two months. This surge is primarily attributed to the blockade of the Strait of Hormuz, which the International Energy Agency has labeled the "worst crisis ever."
The head of the International Energy Agency has stated that the conflict involving Iran has permanently altered the global oil industry. He emphasized that the damage is done and things have changed forever.
Fatih Birol, head of the International Energy Agency, stated that the global oil crisis, triggered by the Iran war, has permanently altered the fossil fuel industry, also suggesting the UK should largely forgo North Sea expansion.
Canada's commitment to the International Energy Agency (IEA) to supply more oil is expected to add only a small amount of new crude to an already constrained global market.
The International Energy Agency (IEA) expresses confidence in addressing the energy crisis, noting that the blocking of the Strait of Hormuz could accelerate the adoption of renewables, efficiency, and nuclear energy, similar to the 1970s.
According to the International Energy Agency (IEA), solar power is a primary driver of global energy supply growth, with China leading the push for renewable energy.
A report from the International Energy Agency indicates that the increase in solar energy has helped to slow the growth of emissions in 2025, marking the first time since 1990 that emissions from advanced economies grew faster than those from emerging or developing ones.
The International Energy Agency (IEA) has proposed new crude oil routes to Europe, specifically suggesting a pipeline connecting Turkey and Iraq. This initiative aims to create alternative supply paths and bypass the Strait of Hormuz.
The International Energy Agency chief has suggested Italy should rethink its stance on nuclear power, as the country currently has no operating reactors and relies heavily on energy imports.
The European Union has recently taken action on various fronts, including imposing anti-dumping duties on foreign imports, boosting defense cohesion with significant funding, and addressing rising asylum applications while also finalizing an Erasmus+ deal with the UK.
A report by the International Energy Agency (IEA) indicates that global employment in the energy sector increased by 2.2% in 2024, reaching 76 million people, nearly twice the rate of overall employment growth.
The International Energy Agency (IEA) reported that Russia's oil export revenues nearly doubled in March, despite international sanctions. This surge in income has raised concerns about the global oil market and the effectiveness of current measures.
Oil prices experienced a downturn following the International Energy Agency's (IEA) decision to cut its global oil demand outlook for the upcoming period.
The "Iran war" has reportedly caused the biggest jump in global energy inflation in at least 25 years, with the International Energy Agency cutting its forecasts for global oil demand.
The International Energy Agency (IEA) has warned of potential "demand destruction" for oil, reminiscent of the Covid-19 pandemic, despite falling prices. This reflects deep concerns that the ongoing energy crisis is leading to more than just expensive oil.
The International Energy Agency (IEA) reported that over 80 energy facilities across the Middle East have been damaged since the start of the Iran war, with recovery expected to be lengthy.
President Trump detailed a daring US rescue of a downed F-15E officer in Iran, who survived nearly 48 hours behind enemy lines despite severe injuries.
Fatih Birol, Director of the International Energy Agency (IEA), stated that the current energy crisis surpasses those of 1973, 1979, and 2022 combined, attributing its severity to an ongoing war with Iran.
The International Energy Agency (IEA), International Monetary Fund (IMF), and World Bank have formed a coordination group to address the Middle East crisis, which is exposing frailties in the US 'no-hire' economy and prompting a global 'war room' response.
The International Energy Agency (IEA) has issued a warning about the increasing digitalization of electrical systems for renewables, highlighting a quadrupling of sabotage incidents and growing concerns over potential remote control from China, posing new national security risks.
Faith Birol, Director of the International Energy Agency (IEA), announced that the organization is prepared to take further action and release additional oil reserves if necessary.
The International Energy Agency (IEA) is currently discussing the possibility of further oil stock releases, according to its executive director Fatih Birol.
Members of the International Energy Agency (IEA) have collectively agreed to release 400 million barrels of oil from their strategic reserves, a move aimed at stabilizing global energy markets.
The International Energy Agency's new recommendations for reducing energy consumption, dubbed the 'Austerity Decalogue,' evoke memories in Italy of the 1973 oil shock, including measures like car-free Sundays.
The Dutch government has stated it does not yet see the need to encourage citizens to reduce car use or limit energy consumption, despite a warning from the International Energy Agency (IEA) about potential energy shortages.
The head of the International Energy Agency stated that the Iran war represents the "greatest threat to energy security in human history" and offered advice for Germany.
The UK is considering contingency plans, including lowering speed limits and encouraging working from home, to curb oil demand as the Iran war impacts fuel supplies, following recommendations from the International Energy Agency.
The International Energy Agency (IEA) has called on people to modify their travel, work, and cooking habits to help address the ongoing energy price crisis.
A Greenpeace report indicates that oil refining margins have risen to their highest level since autumn 2022, leading to increased profits for oil derivative companies in Germany, as noted by the International Energy Agency.
The International Energy Agency's Secretary-General, Fatih Birol, announced that member countries' oil reserves are still sufficient and that additional releases could be made if necessary, following a record-breaking release agreement.
The International Energy Agency (IEA) stated it is open to releasing more oil from emergency reserves "if and when needed," noting that over 1.4 billion barrels would still remain.
BusinessReutersSCMPirozhlas+13NHK Worldorfel-mundoYahooTimes of Indiastraits-timesdh-les-sportsnaftemporiki+5 more1mo ago16 sources
Member countries of the International Energy Agency (IEA) have decided to release an unprecedented total of 411.9 million barrels of oil from their strategic reserves, which are expected to enter global markets soon to mitigate the impact of the Middle East conflict.
Governments of IEA countries have pledged to make available 271.7 million barrels of oil from government reserves, 116.6 million barrels from industry's mandatory stocks and 23.6 million barrels from…
The International Energy Agency (IEA) has announced that Asian nations will immediately release emergency oil stocks in response to global energy market conditions.
The Aramco chief has warned of a 'catastrophic' impact on the oil market if the Strait of Hormuz remains closed, reiterating that Saudi Aramco could restore full production within days of its reopening.
Charts Show Middle East Shockwave Rippling Through Energy, Air Travel, And Freight Networks
The Middle East conflict has triggered what the International Energy Agency earlier described…
The International Energy Agency (IEA) is set to release 400 million barrels of oil, while Oracle has reported stronger-than-expected earnings for its third quarter.
The International Energy Agency (IEA) is calling for the 'physical protection' of cargo ships in the Strait of Hormuz, warning of a growing supply disruption if transport security is not guaranteed.
The International Energy Agency announced on Wednesday that it would release emergency oil reserves in an effort to soften the blow of supply disruptions in the Middle East, following the…
A Norwegian expert states that the International Energy Agency's crisis measures indicate the severe nature of the current situation, likely referring to energy or oil markets.
Danish Energy Minister Lars Aagaard confirmed his participation in the decision by the International Energy Agency to open its oil reserves, assuring the public that the country is not running out of oil.
Japan's Prime Minister announced that the country will release a portion of its oil reserves, anticipating a coordinated action led by the International Energy Agency.
G7 ministers have requested the International Energy Agency to assess the pros and cons of releasing strategic oil reserves as an emergency measure to control prices and ensure supply.
The former head of the International Energy Agency (IEA) has stated that 'the sky is the limit' as the market enters uncharted territory, suggesting significant growth potential.
The Executive Director of the International Energy Agency (IEA), Fatih Birol, stated in Brussels that there is "a lot of oil" on the markets due to an "enormous surplus," in p
The International Energy Agency (IEA) has given a vote of confidence to Greece's Vertical Corridor and enhanced LNG cooperation, considering them key initiatives to ensure energy supply security in Central Europe.
A news digest highlights the unveiling of the 'Prahaar' counter-terror policy, discussions around the International Energy Agency (IEA), and advancements in AI stack technology.
The Trump administration is threatening to leave the International Energy Agency unless it ceases its focus on climate change and publishing road maps for emissions reduction.
Big Tech Turns To Uranium As Data Center Power Demand Soars
Big Tech is considering supporting new uranium mining projects as companies need additional reliable power capacity for their huge data center expansion, according to the top executive of Canadian uranium miner NexGen Energy.
“It's coming. You've seen it with automakers. These tech companies, they're under an obligation to ensure the hundreds of billions that they are investing in the data centres are going to be powered,” NexGen Energy’s CEO Leigh Curyer said at a Melbourne Mining Club luncheon on Wednesday, as carried by Reuters.
As OilPrice reports, NexGen Energy, which is developing Canada’s largest uranium project, Rook I in Saskatchewan, has held early talks with technology companies over potential financing from data center developers, Curyer said.
The uranium developer has also discussed long-term uranium supply with data center firms.
Yet, potential funding or supply deals will not involve any changes to the control of NexGen Energy, the chief executive told Reuters.
Global electricity demand increased by 3% annually in 2025, following growth of 4.4% in 2024, the International Energy Agency (IEA) said in its recent Electricity 2026 report.
Between 2026 and 2030, the annual average growth rate would be 3.6%, driven by higher consumption from industry, electric vehicles (EVs), air conditioning, and data centers, according to the agency.
Artificial intelligence, data centers, and advanced manufacturing support the return to growth in power demand in advanced economies, the IEA said.
U.S. electricity demand rose by 2.1% in 2025 and is expected to grow by nearly 2% annually through 2030. The rapid expansion of data centers will drive half of the increase, the agency noted.
The U.S. is backing nuclear power generation to help meet rising electricity demand.
Nuclear energy will be one of the winners of the U.S. AI and data center boom, as Microsoft and other hyperscalers have been looking to purchase zero-carbon electricity to power up their data centers, which are consuming growing amounts of electricity.
Tyler Durden
Wed, 02/18/2026 - 11:45