Sanctions on Russia are slowly eating away at the dollar's dominance by encouraging Asian traders such as India to use other currencies, like the UAE dirham or the rouble.

Faster-than-anticipated popularity of electric vehicles means India’s fuel consumption could peak a decade sooner than forecast, analysts and industry participants say

Seoul to double energy vouchers as heating bills have soared amid high gas prices and extreme cold weather which has made life tough on the Korean Peninsula and north Asia

Renewable energy sources such as wind farms and solar power surpassed power generated by coal and gas for the first time ever on the east coast of Australia in the December quarter

Commitments made to 100 developing nations by China's two main trade banks have fallen every year since 2016 after Beijing stopped funding large oil projects, US study finds

Russia has been diverting oil exports from Europe to Asia as the US and its allies try to choke off its energy revenues to limit its ability to fund the Ukraine war

India sold crude products worth $588 million to the US in November after snapping up sanctioned Russian oil at deep discounts

Trade between Russia and China jumped in 2022, with Russia more than doubling its rail exports of liquefied petroleum gas to China last year

Albanese government says it will release $414 million for "trade-exposed" industries, such as miners, manufacturers and those generating oil and gas, to help them cut emissions

"All these Arctic crudes usually go to the EU but now they have to go elsewhere," a trader in Singapore said, adding that "Now India and China are their major homes."

A unit of Tokyo Gas is close to a deal to buy US natural gas producer Rockcliff Energy for about $4.6 billion, sources say

Japanese oil and gas giant signs 20-year agreement to buy LNG from Venture Global in the United States