Tag - gas

 
 

GAS

A man walks past a pollution pod designed to mimic the air quality in New Delhi, during the COP28 summit in Dubai, on Dec 4.
ENVIRONMENT / Climate change
Dec 15, 2023
How the world agreed to move away from fossil fuels at COP28
This year's climate conference marked the first time in history countries expressed a unified desire to end the oil age.
An oil pump outside Saint-Fiacre, near Paris, in 2019
BUSINESS
Dec 13, 2023
Big Oil's bid to woo ESG investors fails to impress
A pledge by 50 of the biggest oil and gas companies at the U.N. climate talks in Dubai commits to reaching near-zero methane emissions by 2030.
U.S. Vice President Kamala Harris, speaks at a high-level segment at the COP28 climate conference in Dubai on Saturday.
WORLD / Politics
Dec 3, 2023
U.S. lays out plan at COP28 to slash methane emissions from oil and gas
The rules, two years in the making, were announced by U.S. officials at the United Nations COP28 climate change conference in Dubai.
A Cosmo Energy service station in Tokyo
BUSINESS / Companies
Dec 1, 2023
Iwatani emerges as potential Cosmo white knight with share buy
Iwatani will pay ¥105.3 billion, or ¥6,052 per share, to raise its stake in Cosmo to 19.93% from the current 0.07%.
Pope Francis had planned to attend the COP28 conference in Dubai this week, but canceled on Tuesday due to health concerns.
ENVIRONMENT / Climate change
Nov 29, 2023
U.S. bishops cling to fossil fuels, despite Pope's 2015 appeal
Not a single diocese has announced it has let go of its fossil fuel assets since the pope's landmark encyclical on environmental stewardship.
A wind turbine and an electricity pylon in Finedon, Britain. Developers can no longer use financial modeling that assumes gas power plants are used constantly throughout their 20-year-plus lifetime, analysts said.
BUSINESS / Economy
Nov 21, 2023
Giant batteries drain economics of gas power plants
Batteries that ensure stable power supply are becoming cheap enough to make developers abandon scores of projects for gas-fired generation worldwide.
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.
The government is planning to extend subsidies for gasoline and utility expenses through the end of April.
BUSINESS / Economy
Oct 24, 2023
Japan to extend gasoline and energy subsidies through April
The plans have been included in the draft of a new economic stimulus package that the Cabinet is expected to approve on Nov. 2, a sources has said.
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.
Gasoline prices are projected to continue rising through next week on the ramping down of subsidies and a weak yen.
BUSINESS
Aug 23, 2023
Gas prices at 15-year high as Japan government mulls subsidies
The average price for regular gasoline stood at ¥183.70 ($1.26) per liter as of Monday, advancing ¥1.80 from a week earlier.
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.

Longform

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