Chinese stocks and oil prices fell sharply early on Monday, after protests in many cities against tough Covid restrictions, while the country posted another record high tally of Covid cases

CNOOC has hired JPMorgan to advise it on a potential exit from its US shale gas assets, which could raise $2 billion. It is also in talks for the sale of its Gulf of Mexico assets

Another 13 companies in China, Hong Kong and the UAE have been hit with US sanctions for helping to sell "hundreds of millions of dollars" of Iranian oil and oil products to buyers in East Asia

India can continue buying as much Russian oil as it wants, provided it steers clear of Western insurance, finance and maritime services, US Treasury Secretary Janet Yellen has said.

India is now Russia's biggest oil customer after China, as its refiners snap up discounted cargoes shunned by Western buyers

State energy officials say total gas demand is likely to fall 1% this year, according to a researcher with CNOOC. That would be the first annual decline since at least 2002

Russia accounted for 22% of India's total crude imports last month, supplying 946,000 barrels per day, The Economic Times reported

The head of metals-to-oil group Vedanta expects annual revenue to double to $50 billion in the next 2-3 years, as it ramps up production of metals used in EV batteries

Asia's largest gas and oil producer reported profits of $16.66 billion from the January to September period

Rising gas prices have forced Thailand to extend the lifespan of some coal plants to meet its power needs. Meanwhile, Thai exports rose by 7.8% in September

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.

China's top exports to Russia included smartphones, generator sets, excavators and containers, while imports from Russia also rose 55%.