The Modi government has decided to accept annual bids for 50 gigawatts (GW) of renewable energy every year from fiscal 2023/24 till the 2027/28 fiscal year

Petronas will proceed with a project in Kasawari gasfield off Borneo Island as it is in local waters, but Malaysia "is open to negotiations" with China, new PM said

Deals above the $60-a-barrel cap were allowed by the US, as Japan relied heavily on energy imports; they were "relatively small" and came mainly from the Sakhalin-2 project

China's long-term battle to reduce the dollar's dominance in world trade took two steps forward this week, with the first LNG trade in yuan, plus Brazil agreeing to trade via local currencies

The deal aims to strengthen their battery supply chains, by reducing dependence on China, and help Japanese carmakers access to a new tax credit for electric vehicles in the US.

Chipmaker Nvidia preferred to see its powerful processors being used on the artificial intelligence chatbot ChatGPT rather than mining crypto, its tech chief has revealed

Profits sank for 28 of 41 industrial sectors in January and February, the latest government data shows, with computer, telecoms and electronic equipment manufacturing hit by a huge 77% fall

Analysts fear China's renewable power generators may have to shoulder the costs of keeping under-utilised and loss-making coal power plants humming

Analysts say original target was China importing 38 bcm of Russia gas by 2025 – that has now jumped to 98 bcm by 2030

In an article published at the beginning of his Moscow trip, Xi said the two countries adhered to the concept of "eternal friendship and mutually beneficial cooperation"

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.

Xi was quoted as saying he was "both happy and worried" – glad about its lead position in the global battery market but fearful given intense rivalry with the West and risks over its high profile