The International Energy Agency expects world oil consumption to hit its peak in 2030 at 103 million barrels per day – a decade faster than initially predicted

The move gathered momentum on Tuesday when a draft text emerged and research revealed that global CO2 emissions from burning fossil fuels are set to hit a record high this year

COP28 president Sultan Al Jaber also seen opposing the UN chief's call for a halt in the use of fossil fuels

Leaked document has talking points for the president of the UN climate conference, who is an oil executive in the UAE, to advance oil and gas deals, reports say

The 2020s will be a decade of rapid change driven by the need to counter intensifying global warming; responses by leading cities show a pattern likely to be replicated worldwide

Greenpeace says firms like PetroChina and CNOOC Gas and Power are buying misleadingly labelled "carbon neutral" liquefied natural gas

Indian refiners have trouble paying for oil because Moscow prefers yuan, while Delhi likes to settle deals in UAE dirham, but that now involves extra clearing requirements

The government's plan to underwrite 32 GW of renewable projects was announced on Thursday, just before a vote on a takeover of the country's second biggest power producer

Fossil fuel subsidies have risen $2 trillion to $7 trillion, according to the International Monetary Fund, as governments around the world try to protect consumers from rising energy prices

Asian markets were mixed on Tuesday, with stocks in China flat, while shares in Japan, Korea, Malaysia and Australia rose

The world's most polluted city has also imposed curbs on vehicle use from next week, and has appealed to neighbouring states to halt crop burning

Petrostates and oil, gas and coal companies still intend to keep on making trillions of dollars a year by increasing production