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

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

The sweeping deal aims to link South Asia and the Middle East to help the flow of energy and trade from the Gulf to Europe

India, the world's third biggest oil importer and consumer, currently pays for UAE oil in dollars but is looking to cut transaction costs by eliminating conversions

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

A senior Russian legislator said on Thursday that Moscow would take control of the Sakhalin-1 oil and gas project in which ExxonMobil and Japan's SODECO are also partners