New IEA boss faces world energy landscape in flux
Paris
THE new head of the International Energy Agency faces dilemmas that challenge the purpose of the body set up to protect the interests of the West against the power of Opec in the 1970s.
Fatih Birol of Turkey - the IEA's respected chief economist - takes over on Tuesday, replacing Dutch politician Maria van der Hoeven, a former economy minister whose four-year term has expired. "There is a lot of expectation on Birol - not just external performance, but crucially internal upgrade and institutional strategy," said one official on condition of anonymity.
KEYWORDS IN THIS ARTICLE
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Energy & Commodities
Sri Lanka approves power deal with India's Adani Group
BP profits drop to US$2.7 billion, refinery outage offsets higher output
Aramco to pay US$31 billion dividend as Saudi posts budget deficit
PetroVietnam announces new oil discoveries with initial reserves of 100.5 million barrels
European oil giants consider shifting their listings to the US
ExxonMobil sees Hess arbitration dragging into 2025, CEO says