The world is facing its "first truly global energy crisis" but IEA chief says that has sped up the transition to clean, renewable sources of power.

Japanese PM Fumio Kishida said the two nations had been working to achieve a free and open Indo-Pacific under "an increasingly severe strategic environment"

US Treasury has imposed sanctions on an Indian petrochemical firm and groups in the UAE and Hong Kong for secret deals that funded the shipping of Iranian oil products to South and East Asia

China installed a massive 53 gigawatts of renewable energy in the first half of 2022, but it also approved $26-33 billion of investment in the coal power and steel sectors, a new report said

Adani said 70% of the $100 billion-plus his group will invest over the next decade will go to "energy transition", adding that they are already the world’s largest solar player

Leading economists and energy experts have called on governments to use public investment and regulatory controls to rapidly scale up the transition to clean energy

China bought a record 8.54 million tonnes of Russian coal last month to help deal with extreme hot weather, plus 15.8 million tonnes of thermal coal from Indonesia.

China’s imposition of tariffs and restrictions on metals, food, and energy is worsening the pressure on global inflation

India’s fast-rising Russian oil imports are being matched by its rising oil exports suggesting it may be reselling Russia’s oil to the West.

Russian leader condemned the West's idea for a price cap on Russian gas, saying it would lead to price rises and that global demand for Russian energy was high.

Industry ministry orders officials and firms to eliminate illegal activities in the sector, after the IEA called for a more diverse supply chain to reduce China's PV manufacturing dominance

For a period on Friday solar accounted for about 40% of power on the national market, over coal at 38%, according to the report, which said this is the future under renewables.