Tag - lng

 
 

LNG

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.
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.
Coral growing off Indonesia's Komodo island, located in the marine rich Coral Triangle
ENVIRONMENT / Sustainability
Oct 27, 2024
Report details fossil fuel threat to 'Amazon of the seas'
The Coral Triangle covers waters claimed by Indonesia, Malaysia, Papua New Guinea, Singapore, the Philippines, Timor-Leste and the Solomon Islands.
Built by Russian energy giant Gazprom, the pipeline from Comprehensive Gas Treatment Unit No.3 runs about 3,000 kilometers from the Chayandinskoye and Kovyktinskoye gas fields in the coldest part of Siberia to Blagoveshchensk, near the Chinese border.
BUSINESS / Markets
Oct 22, 2024
China overtaking Europe as top market for Russia’s pipeline gas
Russia’s Gazprom exported 23.7 billion cubic meters of natural gas to China in January-September, compared with 22.5 billion cubic meters to European customers.
Coal-fired power plants in Bataan, the Philippines, in June 2023. A third of the 158 agreements signed under the Japan-led Asia Zero Emission Community are linked to fossil fuel technologies, a recent study by a climate research group has found.
ENVIRONMENT / Energy
Oct 9, 2024
Japan pushes fossil fuel tech in Asia carbon neutrality initiative
A third of the 158 agreements signed under the Japan-led Asia Zero Emission Community are linked to fossil fuel technologies, according to a report.
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 units under construction at Jera's liquefied natural gas fired power plant inside the company's Anegasaki Thurmal Power Station in Ichihara, Chiba Prefecture, in June 2022
JAPAN
Oct 6, 2024
Japan and South Korea to expand initiative to cut methane emissions
Methane's greenhouse effect is believed to be more than 20 times that of carbon dioxide. Leaks of methane from gas fields are a major issue that need to be dealt with.
Eni is in talks with Japan on supplying the country with liquefied natural gas, an executive said Sunday.
BUSINESS / Companies
Oct 6, 2024
Italy's Eni in talks with Japan on supplying LNG, executive says
Eni plans to build its LNG portfolio to 18 million metric tons per year by 2027 and would be ready to commit part of it to Japan.
Jera's liquefied natural gas fired power plant inside the company's Anegasaki Thurmal Power Station in Ichihara, Japan.
BUSINESS / Companies
Oct 5, 2024
Japan firms unite to cut methane emissions from LNG supply
Twenty-two firms are joining an initiative that aims to leverage their buying power to curb methane emissions from liquefied natural gas supply chains.
Bulk carriers float offshore from Singapore, on Feb. 19.
WORLD
Sep 19, 2024
The shadow fleet transporting sanctioned gas for Russia
In the short term it could provide some wartime profit, but Moscow's ultimate goal is to triple LNG exports by 2030.
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.
Prime Minister Fumio Kishida poses for a group photo with other regional leaders prior to the Asia Zero Emission Community (AZEC) leaders meeting in Tokyo in December.
COMMENTARY / Japan
Aug 16, 2024
Japan's energy diplomacy reflects global divide over how to reach net zero
Japan’s focus should be on advancing truly innovative and effective renewable technologies, rather than prolonging fossil fuel use.
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.
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.
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.
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.
Jera’s Hekinan thermal power station in Hekinan, Aichi Prefecture
BUSINESS
May 24, 2024
Jera warns of switching investment from Australia over lack of support
The lack of financial support for production of hydrogen and ammonia took some of the shine off Australia as a destination for Japanese investment.
JERA's Hekinan thermal power station in Aichi prefecture. JERA plans to invest in renewable energy and new fuels.
BUSINESS / Companies
May 16, 2024
JERA to invest $32 billion in LNG, renewables and new fuels
JERA plans to phase out inefficient coal-fired thermal power by fiscal year 2030.
A liquefied natural gas shipment on the Suez Canal in Ismailia, Egypt
BUSINESS / Economy
May 16, 2024
Red Sea disruptions are splitting global LNG trade into regions
It’s been four months since an LNG tanker has passed through the strait separating the Arabian Peninsula and Africa.
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.

Longform

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