Oil & Gas

Japan Says Working to Curb Russian LNG Imports

“Japan has steadily reduced dependency on Russian energy in the wake of the Ukraine war,” Trade Minister Yoji Muto said on Tuesday, without providing a timeline or details on when imports could end. LNG supply from the Russian Sakhalin-2 export project accounts for about 10 percent of the nation’s total imports of the fuel and so “plays an important role” in energy security, he added.

BP Confirms 11 Discoveries in 2025

“The well found 26m of net pay in rich gas condensate-bearing reservoirs, with the reservoir showing excellent quality petrophysical properties and no observed water contact”, Rhino said in a press release. “Hot shot laboratory analysis on two samples (at the top and base of the reservoir interval) showed a high condensate to gas ratio (CGR) of >140 and a liquid density of around 40° API gravity.