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November 23, 2024
 

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GAS

The Ministry of Economy, Trade and Industry has been meeting with Japanese buyers, as well as overseas suppliers, to urge the signing of more long-term LNG contracts.
BUSINESS / Companies
Nov 21, 2023
Japan urges LNG buyers to sign long-term deals for fuel security
The push is meant to insulate Japan from future supply shocks, as well as potentially harsher sanctions against Russian fuel exports.
People carry a coffin as a mass funeral takes place to bury victims of a military strike on a camp for displaced people near the northern Myanmar town of Laiza on Oct. 10.
ASIA PACIFIC / Politics
Nov 1, 2023
U.S. targets Myanmar's state energy firm with partial sanctions
The action prohibits certain financial services by Americans to the state oil and gas enterprise starting on Dec. 15, the Treasury said in a statement.
Gazprom's Power of Siberia pipeline in the Sakha Republic, Russia
WORLD / Politics
Oct 12, 2023
Putin to tap China as failed Europe energy play blunts leverage
Gas volumes to the Asian superpower would only match two-thirds of those that flowed to Europe, but prices will be lower and deliveries would take years.
A tanker used for shipping liquefied natural gas sits near the Yamal LNG plant, operated by Novatek, in Sabetta, Russia.
BUSINESS
Sep 19, 2023
Japan to ensure stable energy supply despite U.S. sanctions
The latest sanctions on the Arctic LNG 2 project are part of several economic measures the U.S., Europe and their allies have taken against Russia.
A price board at a gas station in Tokyo shows regular gasoline at ¥186 yen per liter on Aug. 30.
BUSINESS / Economy
Sep 13, 2023
Japan's pump prices fall for first time in 18 weeks
The decline has come after the national average rewrote a record high for the second consecutive week.
The price for regular gasoline is ¥192 per liter at a gas station in the city of Nagano on Monday.
BUSINESS / Economy / ANALYSIS
Sep 1, 2023
Extended gasoline subsidy risks harming Japan's net-zero efforts
The politically tricky decision on ending the program could hamper the shift to EVs and efforts to reach climate change goals.
A gasoline station in Tokyo on Wednesday advertises its regular gasoline price as ¥186 per liter.
BUSINESS / Economy
Aug 30, 2023
Kishida announces extension of measures to bring gas prices down
The subsidy program will be extended until the end of the year and will be beefed up starting next week.
A gasoline tanker truck at an Eneos gas station in Tokyo
BUSINESS / Economy
Aug 29, 2023
LDP approves extension of gasoline subsidy to year-end
The ruling party also agreed in principle to further expand the program, which pays subsidies to oil wholesalers to curb retail fuel price increases.
Roofers sport hats to take cover from the sun during a heat wave in Eagle Pass, Texas, late last month.
WORLD
Aug 24, 2023
Heat wave led to huge release of methane from fossil fuel plants
Imagery shows operators in the largest U.S. energy basin released hundreds of tons of gas into the air as crucial equipment was forced to shut down.
As long as coal plants are still operating, it is a good idea to make them capture their carbon dioxide emissions. But the sooner that coal is replaced by renewables, the better it will be for the planet.
COMMENTARY / World
Aug 11, 2023
Carbon capture and the changing economics of power generation
Carbon capture policies could unwittingly extend the life of dirtier energy sources.
LNG Japan, a joint venture owned by Sumitomo and Sojitz, have inked a deal for a stake in a giant natural gas project off Australia.
BUSINESS
Aug 9, 2023
LNG Japan inks ¥126 billion deal to join Australian gas project
The move will secure supply of a fossil fuel Japan expects will retain a key role in its energy mix.
Kansai Electric Power's Oi nuclear power plant in Fukui Prefecture
BUSINESS / Economy
Aug 3, 2023
Japan's nuclear restarts this year to hasten LNG import decline
Kansai Electric Power's plan next month to relaunch the last idle reactor at its flagship nuclear plant will mark an energy shift in Japan.
Japan Times
JAPAN / ANALYSIS
Jul 14, 2023
Energy diplomacy kicks into high gear as Kishida heads to Middle East
Despite the government's ambitious goal to reach net zero by 2050, Tokyo remains heavily dependent on fossil fuels and imports 90% of its oil supplies from the Middle East.
Japan Times
BUSINESS
Jul 6, 2023
Japan in talks to buy gas from Qatar amid diversification shift
Qatar is currently offering prices that Japanese firms deem as too high, a key issue that may ultimately scuttle discussions.
Japan Times
WORLD
Jun 29, 2023
Where did all that Russian gas go?
The war has cut Russia adrift from Europe, its biggest gas export market. So what has Russia — which has the largest reserves in the world — done with all that spare gas?
Japan Times
COMMENTARY / World
Jun 28, 2023
A little panic might be in order amid global heat records
Soaring temperatures this spring should spur governments to finally live up to their pledges to curb the use of fossil fuels
Japan Times
WORLD
Jun 18, 2023
Amid melting glaciers, Swiss to vote on new climate law
Recent opinion polls indicate strong support for the proposed law, which would require Switzerland to slash its dependence on imported oil and gas.
Japan Times
BUSINESS
Jun 7, 2023
China begins drilling 11,100-meter borehole in search of oil and gas
The deepest borehole ever drilled in China will give the country access to oil and gas reserves as well as offer scientists unique geological insights.
Japan Times
JAPAN
May 21, 2023
Embrace of LNG by G7 a setback for climate goals, experts warn
One expert put the blame on Japan, particularly for what she called a lack of a sense of urgency about the climate crisis on the part of the Japanese government.
Japan Times
BUSINESS
Apr 9, 2023
Bangladesh's energy plan faces gas dilemma as fuel crisis bites
The draft plan shows positive shifts but voiced concerns about a growing reliance on LNG and unclear ambitions when it comes to renewable sources of energy.
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.

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