Tag - gas

 
 

GAS

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.
Notwithstanding the increase in EV sales, there are now more cars than ever powered by internal-combustion engines.
COMMENTARY / World
May 14, 2024
Nevermind those EVs — oil demand keeps growing
The oil bulls still have reason to worry: With OPEC+ trying to keep prices as close as possible to $100 a barrel, non-OPEC supply, including from biofuels, keeps surging.
Natural gas burns on a domestic kitchen stove in London.
BUSINESS / Companies
May 14, 2024
As war stems Russian gas, Norway's Equinor gains outsized market impact
Norway now supplies 30% of Europe's gas, and roughly two-thirds of Norway's exports last year were sold by Equinor.
Russian President Vladimir Putin looks through a helicopter window during his flight to the Novatek-Murmansk's Offshore Superfacility Construction Center in the village of Belokamenka, in Russia's Murmansk region, last July.
BUSINESS / ANALYSIS
May 5, 2024
How Western sanctions are strangling Putin’s Arctic gas ambitions
The Novatek PJSC-led Arctic LNG 2 facility is a key part of Moscow’s plans to boost exports and replenish coffers. But it has remained virtually idled.
A liquefied natural gas tanker arrives at a Tokyo Gas LNG terminal in Yokohama. Despite a decline in domestic gas demand, Japanese companies are looking to maintain their stake in overseas LNG markets, especially in Asia.
COMMENTARY / Japan
Apr 29, 2024
The double standard of Japan’s energy companies abroad
In Japan, energy companies like Tokyo Gas are striving to cut emissions. But overseas, they're shoring up LNG markets, making for a very different picture.
Warnings have been issued for people to safely use household appliances, including gas stoves.
JAPAN
Apr 3, 2024
Warnings issued for household safety in Japan's new fiscal year
The guidelines aim to raise awareness on product safety and mitigate potential risks surrounding household appliances.
Shizue Takahashi, a bereaved family member of the 1995 sarin attack on the Tokyo subway system, offers a prayer at Kasumigaseki Station on Wednesday, the 29th anniversary of the attack.
JAPAN / Crime & Legal
Mar 20, 2024
Japan marks 29th anniversary of Tokyo subway sarin attack
The Aum Shinrikyo doomsday cult's sarin nerve gas attack on the Tokyo subway system killed 14 people and injured more than 6,000.
Shoko Asahara's ashes have been stored at the Tokyo Detention House since he was hanged in July 2018.
JAPAN / Crime & Legal
Mar 13, 2024
Court orders government to hand cult founder's remains to daughter
Concerns had been expressed that they could become objects of worship for followers of Aum Shinrikyo's successor groups.
A sign warns of underground natural gas pipelines outside Rifle, Colorado, in June 2012.
ENVIRONMENT / Energy
Mar 11, 2024
U.S. gas pipeline accidents pose big, unreported climate threat
Accidental pipeline leaks — caused by incidents like punctures, corrosion, severe weather and faulty equipment — happen routinely.
Philippine Coast Guard personnel film a China Coast Guard vessel during a supply mission in the disputed South China Sea on March 5.
BUSINESS
Mar 11, 2024
U.S. key to Philippines’ plan to tap oil and gas in South China Sea
Manila is seeking to parlay its deepening security ties with Washington into broader economic benefits, the Philippine ambassador to the U.S. said.
Then-U.S. President Donald Trump holds up a presidential permit for energy development that he signed during a tour of an oil rig in Midland, Texas, in July 2020.
COMMENTARY / World
Mar 1, 2024
How the planet could survive another Trump term
In his first term, Trump pulled the U.S. out of the 2015 Paris climate agreement, rolled back environmental regulations, unleashed gas drilling and more.
Vitol, the world's biggest trader, has increased its total equity to $26 billion even after paying $5 billion in record dividends after earning $15 billion in 2022.
BUSINESS / Markets
Feb 26, 2024
Top global energy traders face multibillion cash quandary
Most trading houses, which are privately owned and controlled by their employees, disclose little about their cash position, equity or dividends.
A Tokyo Gas Co. storage tank at the company's Setagaya facility in Tokyo
ENVIRONMENT / Climate change
Jan 12, 2024
World trying to quit fossil fuels gets flood of gas instead
Formerly a sluggish sector, global events spurred LNG's expansion
A climate activist arranges artwork expressing opposition to fossil fuels at Dubai's Expo City during the United Nations Climate Change Conference COP28 in Dubai on Dec. 12.
ENVIRONMENT / Climate change
Dec 19, 2023
COP28 deal on fossil fuels puts new focus on 'just transition'
From coal miners to offshore oil rig engineers, 32 million people who work in the fossil fuel industry face losing their livelihoods.
Michael Bloomberg, U.N. special envoy for climate ambition and solutions, speaks during a summit on methane and other greenhouse gases at COP28 in Dubai on Dec. 2.
COMMENTARY / World
Dec 18, 2023
What did COP28 achieve?
With pledges to cut methane, among other achievements, COP28 may have helped reduce the costs of decarbonization — an essential stepping stone.
A liquefied natural gas terminal jointly operated by Tokyo Gas and JERA in Yokohama
BUSINESS / Companies
Dec 16, 2023
Tokyo Gas unit buys U.S. producer Rockcliff Energy for $2.7 billion
The deal is part of Tokyo Gas' efforts to expand its North American shale gas operations to meet growing demand for natural gas.

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