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November 23, 2024
 

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GAS

An electrical substation in Tokyo. Japan's total power generation fell to its lowest in more than a decade in the year through March.
JAPAN / Society
Nov 22, 2024
Japan’s power output falls to lowest in more than a decade
The total amount of electricity generated fell 1.6% year on year to 985.4 terawatt hours in the 12 months to March.
Tokyo Gas’ LNG terminal in Sodegaura, Chiba Prefecture
BUSINESS / Companies
Nov 20, 2024
Tokyo Gas shares jump most since 1987 after activist fund discloses major stake
Elliott Investment Management said it now owns more than 5% of Tokyo Gas and may make "important proposals” to the utility provider.
Members of the Indigenous People Association stage a protest to demand action on climate change, holding cutouts of U.S. President Joe Biden and Chinese leader Xi Jinping on the waters of Botafogo Bay, ahead of the Group of 20 summit in Rio de Janeiro on Saturday.
ENVIRONMENT / Climate change
Nov 17, 2024
Biden weighs fossil fuel finance curbs that could outlast Trump
Landing the deal is seen as essential to deliver on a promise Biden made during his first year in the White House.
An oil pump jack in Midland, Texas
ENVIRONMENT / Energy
Nov 14, 2024
Republican sweep opens way to boost oil and gas development
Oil producers, however, may be reluctant to drill new wells with U.S. output already at a record high.
President of Azerbaijan Ilham Aliyev speaks at the Opening Ceremony of the United Nations climate change conference COP29 in Baku, Azerbaijan, on Tuesday.
WORLD / Politics
Nov 13, 2024
COP29 host Azerbaijan hits out at West in defense of using oil and gas
Some observers of the COP29 negotiations said the president of Azerbaijan's remarks did not bode well for a strong result from the two-week summit.
U.S. President Donald Trump signs one of five executive orders related to the oil pipeline industry in the Oval Office of the White House in Washington on Jan. 24, 2017.
BUSINESS / Markets
Nov 7, 2024
From oil to EVs, here’s how Trump’s victory affects energy
The prospect of a Trump-era pullback from some policies promoting emission-free energy has already helped spark a slide in shares of renewable power firms.
Russia's gas pipeline export monopoly Gazprom plunged to a net loss of $7 billion in 2023, its first annual loss since 1999, because of the loss of the EU's gas markets.
BUSINESS
Oct 9, 2024
What happens when Russian gas to Europe via Ukraine stops?
Ukraine will not extend its gas transit agreement with Russia after it expires at the end of December, said Ukrainian Prime Minister Denys Shmyhal.
The government is considering financial support for liquefied natural gas operators to secure storage tanks in Japan and abroad.
ENVIRONMENT / Energy
Sep 12, 2024
Japan considers company support measures for long-term LNG contracts
Possible measures included financial support for securing storage tank and a new program to assist LNG buyers committing to long-term contracts.
The government has decided to continue offering subsidies to curb electricity, gas and gasoline bills until the end of this year.
JAPAN
Aug 28, 2024
Japan to spend additional ¥980 billion to curb energy bills
Prime Minister Fumio Kishida said that his Cabinet plans to approve the additional spending on Sept. 3.
Flaring at the Cameron LNG export terminal in Hackberry, Louisiana. Flaring, a common sight at LNG plants, is a controlled burning of gas for reasons ranging from depressurizing equipment to disposing of gas that can’t be used. The practice is a "waste of money" and negatively impacts climate change and human health, says the International Energy Agency.
ENVIRONMENT / OUR PLANET
Aug 11, 2024
Japan fuels U.S. LNG boom even as climate targets and impacts loom
For over half a century, Japan has been a sizable buyer of LNG, and its government, banks and energy companies have played a key role in continued investment.
Japan's gasoline imports in June rose 20.4% from the previous month, with the Petroleum Association of Japan attributing it to maintenances and outages at plants owned by top oil refiners.
BUSINESS
Aug 6, 2024
Japan's gasoline imports seen rising through August as refinery outages cut output
Japan's gasoline imports are expected to stay elevated through August after rising 20% in June.
Jera reported ¥93.4 billion in profit for the April-June quarter, down 48% from the year-before period.
BUSINESS / Companies
Aug 1, 2024
JERA's April-June profit halves; Taketoyo plant remains shut
The 1,070-megawatt (MW) Taketoyo power station in Aichi Prefecture has been shut since it was hit by a fire on Jan. 31.
Homes are surrounded by flood waters after Hurricane Beryl made landfall in Sargent, Texas, on July 8.
COMMENTARY / World
Jul 22, 2024
The great climate change wealth transfer is here
Fossil fuel profits are sky-high, as are the costs of climate change. By subsidizing oil and gas while putting tariffs on green tech, governments are making things worst.
Data has shown that Western pension funds may inadvertently be helping Russian President Vladimir Putin as Moscow looks to ramp up liquefied natural gas exports to replenish Kremlin coffers and fund its war in Ukraine.
BUSINESS / Economy
Jul 21, 2024
How U.S. pension funds help Putin’s gas gambit
The case spotlights the opacity of the global finance and how hard it remains to sever Moscow from a key revenue source even two years after the Ukraine invasion.
The electricity bill for a standard household in the Tokyo Electric Power Company Holdings service area for August is expected to fall by ¥1,061.
JAPAN
Jul 18, 2024
Tepco bill to fall by ¥1,000 for standard household in August
The government has decided to resume a subsidy program for three months starting August.
Sumitomo Corp. President Shingo Ueno speaks during an interview at the company's head office in Tokyo on Tuesday.
BUSINESS / Companies
Jul 1, 2024
Sumitomo looks to tap U.S. shale boom despite exiting production
The company will seek to boost sales of pipelines used in U.S. shale fields.
Environmental activists from the group Extinction Rebellion demonstrate outside the media center set up for the Group of Seven leaders' summit, in Bari, Italy, on Friday.
ENVIRONMENT / Climate change
Jun 15, 2024
Experts and activists slam 'pointless' G7 on climate
The Group of Seven rich democracies was assailed for having failed to deliver significant new progress on climate during a summit in Italy.
A solar farm in Switzerland. Solar power is leading the power’s sector’s transformation, with investment in the area set to reach $500 billion this year.
ENVIRONMENT / Energy
Jun 6, 2024
Clean energy spending set to reach twice that on fossil fuels, IAEA reports
Nonetheless, continued spending on coal, gas and oil remains at a level that’s too high to conform with global climate goals.
Tokyo Gas storage tanks in Tokyo. The firm is looking to add more U.S. natural gas assets.
BUSINESS / Companies
Jun 3, 2024
Tokyo Gas seeks more U.S. natural gas assets, president says
Japan's top city gas supplier is aiming to expand its gas-related businesses in North America after its recent acquisition of a U.S. shale gas producer.
South Korean President Yoon Suk-yeol speaks during a trilateral summit with Japanese Prime Minister Fumio Kishida and Chinese Premier Li Qiang during their meeting at the Blue House in Seoul on May 27.
ASIA PACIFIC / Politics
Jun 3, 2024
South Korea to explore vast oil and gas prospects off east coast, Yoon says
The 500 billion won ($363 million) drilling project is slated to begin towards the end of the year, aiming for results by mid-next year.
Japan approves ¥21.9 trillion stimulus plan
The policy chiefs of the Democratic Party for the People, Liberal Democratic Party and Komeito — Makoto Hamaguchi (left), Itsunori Onodera (center) and Mitsunari Okamoto — shake hands after reaching an agreement on an economic stimulus package on Wednesday.
Tokyo Metro’s overseas efforts begin in earnest with London deal
Tokyo Metro will soon have a role in the running of London's Elizabeth Line, a major train route serving the U.K.’s capital city and environs.
Saitama court bans demonstrations over anti-Kurd hate speech
Kurdish people in Japan in 2015. A court injunction has banned acts that defame the Japan Kurdish Cultural Association and are disrespectful, such as putting up banner flags or handing out fliers with hate speech like “Refugees should go back to their home countries.”
China reinstates visa-free travel for Japanese nationals
Beijing Daxing International Airport
U.S. aircraft carrier returns to Japan carrying navy’s ‘most capable fighter’
U.S. 7th Fleet Commander Vice Adm. Fred Kacher speaks to reporters shortly after the arrival of aircraft carrier USS George Washington at Yokosuka naval base in Kanagawa Prefecture on Friday.
Shohei Ohtani wins National League MVP award
Shohei Ohtani celebrates after hitting a three-run home run against the Padres during the National League Division Series at Dodger Stadium in Los Angeles last month.
The slow-burn success of ‘A Samurai in Time’
A 19th-century warrior gets struck by lightning and wakes to find himself in 21st-century Kyoto in Junichi Yasuda’s surprise hit “A Samurai in Time.”
Around a quarter of Japan married couples in their 20s met through dating apps
A survey released by an organization promoting “Good Couples Day” shows that 24% of couples in their 20s met their marriage partner through a dating app.
'Tokyo Swindlers': Get deep into the minds of real estate con artists
In Ko Shinjo's "Tokyo Swindlers," a group of con artists manipulates real estate giants into falsified deals within the highly competitive, quick market.
Japan, U.K. and Italy discuss inviting more countries to joint fighter project
A new concept model of a next-generation fighter jet to be jointly developed by Japan, Britain and Italy is on display in Farnborough, Hampshire, in July.

Podcast

One of the many entrances to the Kabukicho neighborhood in Tokyo’s Shinjuku Ward.
Kabukicho: Tokyo’s ‘stadium of desire’

Longform

Construction takes place on the Takanawa Gateway Convention Center in Tokyo, slated to open in 2025.
A boom for business tourism in Japan?
By Kathryn Wortley

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