Newsletters | Request Trial | Log in | Advertise | Digital Issue   |   Search
  • CCUS
  • Cap & Trade Markets
  • Voluntary Markets & Offsets
  • Corporate & Finance
  • Net Zero Strategies
  • Podcasts
Search
Related Articles
Shipping GHG deal ‘a framework to build upon’
Agreement on a two-tier emissions trading scheme does not go far enough to meet IMO GHG reduction targets, say observers
Letter from Saudi Arabia: Oil and the materials transition
As the global economy grows, demand for materials is expected to increase. The way materials are made could incorporate new technologies in the future to ensure economic growth is more sustainable
Powering MENA’s digital future: AI datacentres and the case for SMRs
AI is powering the Middle East & North Africa’s digital transformation, but can the region meet soaring energy demand sustainably? Small modular reactors may hold the key
Shipping sector eyes carbon trading mechanism
Crucial talks at the IMO focus on a two-tier emissions trading scheme combined with a marine fuel standard
ADNOC diversifies its decarb strategy
The UAE’s oil and gas company puts its faith in technologies including CCS and AI to deliver its emission-reduction goals
Outlook 2025: The role of biofuels in global renewable energy investments
Bioenergy will be a key part of the energy transition as the world decarbonises, and Brazil is set to be a major player in the sector
Outlook 2025: The energy transition and the Southern Cone
The region has ample resources of both gas and renewable energy and developing both will be vital to the global effort to reduce emissions
Outlook 2025: Southeast Asia – defining a new narrative for net zero
The region’s fast-growing economies stand at a pivotal juncture, with the opportunity to drive a sustainable growth strategy that will keep the world’s net-zero ambitions alive
Outlook 2025: Digital in the grand alliance – driving energy technology beyond the transition
Global energy demand keeps rising, and digital technology will play a crucial role in both meeting that demand and doing so in a sustainable way
Outlook 2025: NDCs – critical roadmaps for climate investment
If they are ambitious enough, NDCs can provide investable pathways to deliver each country’s energy transition and keep the world on track to limit global warming
Fatih Birol, IEA executive director
Markets Decarbonisation
Paul Hickin,
Editor-in-chief
22 May 2023
Follow @PetroleumEcon
Forward article link
Share PDF with colleagues

IEA’s Birol sees role for oil and gas as part of ‘orderly’ energy transition

Tackling both the energy security crisis and the climate crisis means clean energy push must be secure and affordable

Energy security and energy sustainability do not always make the most comfortable of bedfellows. Concerns over sufficient oil and gas, stemming partly from the Russian invasion of Ukraine, have raised questions over the pace, cost and practicality of climate goals. But for the Paris-based IEA—the global energy authority—security of supply, environmental sustainability and increased energy cooperation around the world make up its triple-headed mission. Carbon Economist sat down at the IEA’s headquarters with its executive director, Fatih Birol, to discuss the big energy issues facing the world. How has the IEA’s mission evolved from a focus on energy security to a focus also on energy sustain

Also in this section
Letter on carbon: Meet America’s first CCS major
Opinion
14 May 2025
Deal with Calpine shows oil and gas major ExxonMobil has no intention of curbing its CCS ambitions, despite US policy risks and broader scepticism over the energy transition
CCS costs surge as trade war rattles developers
13 May 2025
Volatile tariffs add new risks for a sector already struggling to achieve economies of scale
US renewables receive unfair advantage
30 April 2025
State administrations are using a flawed metric to justify green energy projects
Letter on hydrogen: Electric shock
29 April 2025
Spain’s unprecedented blackout highlighted the risk for green hydrogen producers with exposure to Europe’s creaking power grids

Share PDF with colleagues

Rich Text Editor, message-text
Editor toolbarsBasic Styles Bold ItalicParagraph Insert/Remove Numbered List Insert/Remove Bulleted List Decrease Indent Increase IndentLinks Link Unlinkabout About CKEditor
COPYRIGHT NOTICE: PDF sharing is permitted internally for Petroleum Economist Gold Members only. Usage of this PDF is restricted by <%= If(IsLoggedIn, User.CompanyName, "")%>’s agreement with Petroleum Economist – exceeding the terms of your licence by forwarding outside of the company or placing on any external network is considered a breach of copyright. Such instances are punishable by fines of up to US$1,500 per infringement
Send

Forward article Link

Rich Text Editor, txt-link-message
Editor toolbarsBasic Styles Bold ItalicParagraph Insert/Remove Numbered List Insert/Remove Bulleted List Decrease Indent Increase IndentLinks Link Unlinkabout About CKEditor
Send
Sign Up For Our Newsletter
Project Data
Maps
Podcasts
Social Links
Featured Video
Home
  • About us
  • Subscribe
  • Reaching your audience
  • PE Store
  • Terms and conditions
  • Contact us
  • Privacy statement
  • Cookies
  • Sitemap
All material subject to strictly enforced copyright laws © 2025 The Petroleum Economist Ltd
Cookie Settings
;

Search

  • CCUS
  • Cap & Trade Markets
  • Voluntary Markets & Offsets
  • Corporate & Finance
  • Net Zero Strategies
  • Podcasts
Search