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World Energy Outlook

1 July 2014, Seeking Alpha

While prices are expected to stabilize in the short term, all indications show that they may increase in the long term, making it painfully difficult for oil marketers without sufficient scale to make sizable profits. According to a new special report by the International Energy Agency (IEA) dubbed "World Energy Investment Outlook", global oil prices at their current range of between $90 and $110, despite being seemingly high, are still too low to sufficiently sustain producers' costs of tackling ever-more challenging geology.

1 July 2014, Investment and Pensions Europe

We’re still on track for runaway climate change, according to Fatih Birol, chief economist of the International Energy Authority. Birol says: “Current energy trends are not sustainable,” with a rider that “there is a need to change course in a dramatic way,” and that “gradual change will not be enough to change the track we are following”.

30 June 2014, International Business Times

Fatih Birol, the IEA's chief economist, warns of a serious setback for the oil market if there is any interruption to the planned investments in Iraq.

29 June 2014, Forbes

The consequences of this scale of electricity deprivation are, in the words of Fatih Birol, Chief Economist at the IEA, “unacceptable.” Of the 25 nations at the bottom of the U.N. Human Development Index, 24 are in Africa. Africa confronts rapid population growth, extreme poverty, high illiteracy rates, malnutrition, inadequate water supply, poor sanitation, and bad health.

29 June 2014, The Financial Express

According to the Energy Poverty Action Initiative of the World Economic Forum, "Access to energy is fundamental to improving quality of life and is a key imperative for economic development''. Also ''lacking access to energy affect health, well-being and income'', says Fatih Birol, the chief economist of the International Energy Agency (IEA).

23 June 2014, DAWN

Fatih Birol, chief economist of the Paris-based IEA, told a workshop on the report in Beijing that China has made “outstanding efforts” to increase energy efficiency and reduce coal use to meet global climate targets.

20 June 2014, ECNS

Fatih Birol, chief economist of IEA, said China is making an outstanding effort to increase energy efficiency and reduce coal use in reaching global climate targets during a workshop on world energy investment outlook in Beijing.

20 June 2014, ECNS

Fatih Birol, chief economist at the International Energy Agency, said China has extensive cooperation in the oil sector with Iraq and he hopes this will not be affected by the insurgency.

20 June 2014, ECNS

Fatih Birol, chief economist of the Paris-based IEA, told a workshop on the report in Beijing that China has made "outstanding efforts" to increase energy efficiency and reduce coal use to meet global climate targets.

17 June 2014, Bloomberg Businessweek

“Baghdad to Beijing is the new Silk Road of the global oil trade—oil from Baghdad and capital investment from Beijing,” Fatih Birol, chief economist at the IEA, told Bloomberg Businessweek in January 2013.