The Japanese government announced a decision Sunday to expand a Japan-South Korea cooperation framework aimed at reducing emissions of methane from natural gas development projects. Twenty-two Japanese companies, including Kansai Electric Power, Tokyo Gas and trader Mitsubishi, will newly join the framework, according to the government. The government made the …
Read More »Saudis Said to Hand about 60% of Aramco Offer to Foreign Investors
Foreign investors were allocated about 60% of the shares on offer in Saudi Aramco’s $11.2 billion stock sale, people familiar with the matter said, marking a turnaround from the oil giant’s 2019 listing that ended up as a largely local affair. The deal generated strong demand from the U.S. and …
Read More »Japan Completes Third Round of Fukushima Treated Water Discharge
The third round of discharging treated radioactive water from the wrecked Fukushima No. 1 nuclear power plant into the sea concluded Monday, the plant operator said, with the utility planning another round in the current fiscal year. As in the previous rounds, Tokyo Electric Power Company Holdings (Tepco) released about …
Read More »Toyota Trials Hydrogen-Powered Vehicle on Public Roads in Australia
Toyota Motor said Saturday it is conducting trials in Australia of a vehicle powered by a hydrogen engine, making it the automaker’s first such test of the environmentally friendly car on public roads. In the trial from late October through January, a specially modified van from Toyota’s HiAce series is …
Read More »Japan, China Clash over Fukushima Treated Water at IAEA Meeting
Japan and China sparred over the release of tritium-containing treated water from the meltdown-stricken Fukushima No. 1 nuclear plant into the sea at an annual meeting of the International Atomic Energy Agency that opened Monday. A total of 177 member countries will discuss issues such as nuclear development by Iran …
Read More »Japan may Ask People to Cut Back on Natural Gas Next
Japan may ask households and businesses to cut back on natural gas use on the back of concerns that increase in global competition for the precious fuel will disrupt stable supply. A panel within Japan’s trade ministry called for discussion to create a framework that would allow the government to …
Read More »China’s Interest in Shell’s Russian Gas Stake Adds Impetus for Japan to Stay
China’s interest in acquiring an abandoned stake in a Russian liquefied natural gas export project is providing further justification for Japan to continue its joint venture with Gazprom PJSC. “If Japan leaves a project, then a third party can acquire it,” trade minister Koichi Hagiuda said in Tokyo on Friday. …
Read More »Japan and EU Arrange Additional LNG Supplies to Europe over Ukraine
Japan is discussing with the European Union about coordinating further diversion of part of its liquefied natural gas imports to Europe, government sources said Saturday, as the region faces the threat of Russia restricting its gas exports. The Japanese government will likely provide additional LNG supplies from April as long …
Read More »Japan’s Energy Dilemma: How to Achieve Security alongside Decarbonization
The COP26 climate talks in Glasgow, Scotland, held through mid-November, provided a stage for fierce fights between the United Kingdom and other European nations and emerging economies and coal-reliant nations over the phaseout of coal power by 2040. Although Japan was also under strong pressure to make a commitment to …
Read More »EU Moves to Label Nuclear and Gas Energy as Green
The EU is planning to label energy from nuclear power and natural gas as “green” sources for investment despite internal disagreement over whether they truly qualify as sustainable options. The proposal, seen by AFP on Saturday, aims to support the 27-nation bloc’s shift toward a carbon-neutral future and gild its …
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