A Chinese Foreign Ministry spokesperson Friday once again urged Japan to respond to the legitimate concerns of all relevant parties and dispose of nuclear-contaminated water in a scientific, open, transparent, and safe way. According to reports, the International Atomic Energy Agency (IAEA) announced Wednesday that its technical task force would …
Read More »12.1 Trillion Yen Spent so far on Fukushima Nuclear Disaster
Around 12.1 trillion yen ($82 billion) has already been spent to deal with the 2011 disaster at the Fukushima No. 1 nuclear power plant, according to sources at the Board of Audit of Japan. That means more than half of the government’s total estimated cost of 21.5 trillion yen, including …
Read More »Japan Calls on Population to Conserve Energy
Japan is calling on people and businesses to repeat the energy conservation drive from the summer this winter, as energy scarcity and LNG price inflation continue to take a toll. Japanese citizens are being advised to turn off the lights in rooms they are not using and to wear an …
Read More »Japan will Keep Investment in Sakhalin-1 Oil Project in Russia
Japan will keep its investment in the Sakhalin-1 oil and gas project in Russia, said the nation’s trade chief. The government has requested a Japanese consortium to keep its stake in the project, the nation’s Trade Minister Yasutoshi Nishimura told the press on Tuesday. Japan has few resources of its …
Read More »Saudi Arabia, Japan Seek Oil Market Stability through Dialogue
Minister of Energy Prince Abdulaziz bin Salman and Japan’s Minister of Economy, Trade and Industry Yasutoshi Nishimura underscored the significance of supporting the stability of global oil market by promoting dialogue and cooperation between producing and consuming countries. During a meeting via video conference on Wednesday, the ministers affirmed that …
Read More »India and Japan Considering Stakes in Sakhalin-1 Oil Project
The India-based Oil and Natural Gas Corp (ONGC) is looking to buy a stake in the Russian firm managing the Sakhalin-1 project, while Japan is holding talks with stakeholders to decide on the project, according to Reuters. Earlier this month, Russian President Vladimir Putin signed an agreement to transfer operations …
Read More »Japan to Revise Laws to Ensure Stable LNG Supply, Demand in Emergency
Japan’s cabinet approved Friday bills to revise laws to ensure stable supply and demand of liquefied natural gas in the event of an energy contingency, amid procurement concerns driven by the Russian offensive in Ukraine. Partial revisions to the gas business law and the law for Japan Oil, Gas and …
Read More »Tokyo Scientists Announce Breakthrough in CO2 Conversion Tech
Tokyo Institute of Technology scientists developed a polymer-based photocatalyst for CO2 reduction that exhibits unprecedented performance. Made from abundant elements and requiring no complex post-synthesis treatment or modifications, it could pave the way for a new class of photocatalysts for efficiently converting CO2 into useful chemicals. The idea is to …
Read More »Japan Faces New LNG Supply Challenge as Malaysia Curbs Shipments
Malaysia will curb liquefied natural gas shipments to Japan this winter after a pipeline leak disrupted exports, another hit to already strained global supplies of the power-station fuel. Petroliam Nasional Bhd. has made a request to reduce contracted deliveries to several Japanese customers through the year-end, according to traders with …
Read More »Japan to Extend Oil Subsidy Program to Next Spring to Curb Price Hike
Japan is considering extending its subsidy program for oil wholesales to lower retail gasoline prices beyond its current year-end deadline to next spring, intending to prevent a sharp hike in fuel costs amid persistent supply concerns triggered by Russia’s invasion of Ukraine, sources familiar with the situation said Saturday. The …
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