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IEA has named Fatih Birol as the agency’s next executive director. Birol joined the IEA in 1995, and has held the positions of chief economist and director of global energy economics. In his new role, he also will oversee the IEA’s World Energy Outlook publication. Steven Newman has stepped down as president and CEO of Transocean. Ian Strachan, chairman of the board, will serve as interim CEO. Strachan has served as a company director since 1999.

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