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January 23, 2025
 

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GAS

Regular gasoline was priced at ¥194 per liter at a gas station in Nagano on Wednesday.
BUSINESS / Economy
Jan 23, 2025
Japan's average gas price exceeds ¥185 for first time in 17 months
The price hike reflects reduced government subsidies to oil wholesalers.
Tokyo Gas President Shinichi Sasayama speaks during an interview at the company's headquarters in Tokyo on Jan. 16.
BUSINESS / Companies
Jan 22, 2025
Tokyo Gas focusing on more U.S. investment opportunities
"Among our overseas businesses, North America is an especially important growth market for us,” said President Shinichi Sasayama.
A reproduction experiment was conducted by placing two gas stoves side by side and heating large iron plates (top photo). The canister on the left stove overheated and ruptured (bottom photo).
JAPAN
Jan 21, 2025
Warnings issued for portable stoves as winter usage increases
The most common issue was improper canister placement leading to overheating and rupture, resulting in fatalities, burns and property damage.
Donald Trump has vowed to slash U.S. energy costs by bolstering fossil fuels while potentially hobbling domestic wind power generation.
WORLD / Politics
Jan 21, 2025
Trump starts reshaping U.S. energy with deep focus on oil and gas
Trump initiated the shift in a series of orders and memoranda directing action by the federal government, with implications that reach across the entire energy landscape.
The producer price index in 2024 rose 2.3% from the previous year to 122.6, against 100 for the base year of 2020, a Bank of Japan report showed Thursday. The index was up for the fourth year in a row.
BUSINESS / Economy
Jan 16, 2025
Japan's producer price index hit record high in 2024
The producer price index, which measures the costs of goods traded between companies, rose 2.3% from the previous year to 122.6.
Solar panels and a coal-fired power station in Fukushima Prefecture. Japan has not set a clear path for phasing out coal and its new draft energy plan foresees an important role for fossil fuels, especially gas, and nuclear power in its future energy mix.
COMMENTARY / Japan
Jan 13, 2025
Japan’s energy plans endanger real climate solutions
The government's draft energy plans were not subject to open debate and their outcome shows an insufficient commitment to making the changes needed to tackle climate change.
A worker inspects the outdoor gas pipes at the underground gas storage facility operated by Gas Storage in Haje, Czech Republic, on Jan. 3.
ENVIRONMENT / Energy
Jan 13, 2025
Europe threatens to trigger a global scramble for natural gas
For the first time since the energy crisis was turbocharged by Russia’s war in Ukraine, Europe risks failing to meet its storage targets for next winter.
Jera has reportedly created a think tank to research domestic and international energy trends.
BUSINESS / Companies
Jan 6, 2025
Japan’s top LNG buyer creates think tank to watch market trends
Jera Global Institute will aim to follow the example of Shell’s scenarios team, which produces long-term forecasts.
Pipework at a Russian gas storage facility operated by Gazprom
WORLD / Politics
Jan 2, 2025
Russia and Ukraine end five decades of gas transit to Europe
The stoppage means central European countries that have relied on the flows will be forced to source more expensive gas elsewhere.
Russian President Vladimir Putin shakes hands with Slovak Prime Minister Robert Fico during a meeting in Moscow on Dec. 22.
WORLD / Politics
Dec 30, 2024
Ukraine-Russia gas transit deal faces critical moment of truth
As its year-end expiry looms, Slovakia and a group of central European companies are putting pressure on Ukraine to keep Russian gas flowing.
The average gasoline price is likely to start climbing again, toward ¥185, after the government cuts subsidies further on Jan. 16.
JAPAN
Dec 25, 2024
Japan pump price tops ¥180 per liter for first time in 15 months
The national average at the pump as of Monday climbed ¥4.8 from a week before to ¥180.6, posting an increase for the seventh straight week.
The average retail gasoline price is expected to rise by over ¥5 per liter as the government has announced that it will reduce subsidies to oil wholesalers.
BUSINESS / Economy
Dec 19, 2024
Gasoline prices rise as Japanese government cuts subsidies
Until now the industry ministry has subsidized 60% of gasoline costs over ¥168 and under ¥185, but from Thursday the subsidy dropped to 30% for prices in that range.
The entrance of the Sodegaura LNG Terminal, operated by Tokyo Gas, in Sodegaura, Chiba Prefecture
ENVIRONMENT / Energy
Dec 18, 2024
Japan's draft climate strategy spurs calls for bolder cuts in carbon emissions
The government last month presented a draft plan to aim for a 60% cut in greenhouse gas emissions by 2035 from 2013 levels.
Crystal Smith, the elected chief of the Haisla people, stands on the shoreline of the Douglas Channel in Kitamaat, British Columbia, Canada, on Oct. 1.
ENVIRONMENT / Climate change
Dec 15, 2024
Indigenous people in Canada weigh costs of a gas windfall
The promise of billions of dollars of gas investment has renewed a generations-old debate over Indigenous identity and environmental stewardship.
Cables connect to servers at a data center. The rapid global adoption of AI has triggered a boom in demand for the energy-hungry data centers on which the technology depends, putting power grids to the test.
JAPAN
Dec 12, 2024
Fossil fuels initially needed for AI boom, Tepco adviser says
While electricity demand has been trending downward in Japan, experts have suggested that the decline could be reversed as the nation builds more data centers.
A liquefied natural gas plant operated by Sakhalin Energy in Sakhalin, Russia. Japan, the world's second biggest LNG buyer, depends on Russia for 9% of its LNG.
BUSINESS / Companies / ANALYSIS
Dec 12, 2024
Rival supplies and depleting fields give Japan an exit from Russian gas
Japan, the world's second-biggest liquefied natural gas buyer, depends on Russia for 9% of its LNG.
Kansai Electric Power's Takahama nuclear power plant's No.1 reactor (right) in Fukui Prefecture, which surpassed 50 years of operation in November. On the left is the No. 2 reactor.
JAPAN
Dec 9, 2024
Renewables eyed as biggest source of Japan's energy mix in fiscal 2040
The government is also expected to aim for a 20% share for nuclear energy as part of efforts toward decarbonization.
Tokyo Gas' liquefied natural gas terminal in Sodegaura, Chiba Prefecture, last month. The utility is considering several wind power projects in Southeast Asia amid the global decarbonization push.
ENVIRONMENT / Energy
Dec 5, 2024
Tokyo Gas eyes wind power projects in Southeast Asia
The gas utility is expected to make final investment decisions on some of the envisaged projects as early as 2025.
Elliott Investment Management's stake in Tokyo Gas is centered around getting the utility to sell off its real estate holdings, including Shinjuku Park Tower, which houses the Park Hyatt Hotel Tokyo.
BUSINESS / Companies
Nov 28, 2024
Real estate worth ¥25 trillion puts Japan companies in spotlight
The hidden value of property on corporate balance sheets is a theme behind some of the biggest activist campaigns and mergers and acquisitions in Japan.
In developing Asia, where coal dominates and imported liquefied natural gas is expensive, natural gas remains limited in electricity grids.
COMMENTARY / World
Nov 24, 2024
Gas got America off coal. Now, it's coming for Asia's oil.
It can work in concert with carbon-free energy to break the hold of the dirtiest sources of power.
U.S. Osprey accidentally drops cargo into sea in Okinawa
A V-22 Osprey
Large fire breaks out near Osaka's Tsutenkaku Tower
Smoke rises from a fire at a commercial building near Tsutenkaku Tower, in Osaka, on Tuesday.
Nissan to end production of compact van as Honda rescue looms
A trailer transports Nissan’s NV200 Venette minivans in Yokosuka, Kanagawa Prefecture.
Kanagawa high school student arrested for credit card data theft
A 17-year-old student from Kanagawa Prefecture has been arrested for allegedly creating a program that purported to verify the validity of credit cards and using it to illegally obtain their details.
SoftBank to help fund and lead Trump-backed Stargate AI project, a $500 billion venture
U.S. President Donald Trump delivers remarks on Stargate, as Oracle Executive Chairman Larry Ellison, SoftBank CEO Masayoshi Son and OpenAI CEO Sam Altman look on in the Roosevelt room at the White House.
Iconic Japanese outfielder Ichiro Suzuki elected to Baseball Hall of Fame
Ichiro Suzuki finished his career with 3,089 MLB hits and is one of 33 players in the 3,000-hit club.
'America first' returns as Trump ditches focus on allies and rules-based order
U.S. President Donald Trump reviews troops during his inauguration ceremony at the Capitol in Washington on Monday.
Japan looks to learn from the past with bid to build Australian warships
The Maritime Self-Defense Force's Mogami frigate, of the class of the same name, is anchored at the MSDF's naval base in the city of Yokosuka, Kanagawa Prefecture, in September 2022.
Amid rising world hunger, a Japan-inspired group in Kenya is making a big impact
Wawira Njiru, the founder of Food4Education, serves food during the opening of a new kitchen in Mombasa County, Kenya, in 2022. The organization started in 2012 by feeding 25 children out of a single kitchen. Now it feeds nearly half a million every day.
From Tokyo to Manhattan, Takuma Watanabe stirs up a stiff drink
It's taken Takuma Watanabe little time to establish himself as one of New York's hottest bartenders.

Podcast

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

Longform

Atsuyoshi Koike, the president and CEO of Rapidus, says there is a “sense of urgency” when it comes to Japan’s efforts in manufacturing semiconductors. “We have to make sure we are successful,” he says.
Atsuyoshi Koike’s big game: Fourth down and 2 nanometers to go
By Kazuaki Nagata and Richard Meyer

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