Japan’s power generation major JERA has locked in majority control of Pan Pacific Energy, upgrading its indirect stake in Australia’s liquefied natural gas (LNG) project in a strategic play to shore up long-term energy security for Japan. JERA has strengthened its indirect participation in the Chevron-operated Wheatstone LNG project by acquiring all shares held by […]
Japan emphasizes the importance of energy cooperation with Russia and maintains its presence in oil and gas projects on Russian territory, Russian Foreign Ministry Spokeswoman Maria Zakharova said in an interview with TASS. The diplomat noted that Tokyo maintains and reaffirms the importance of its relations and energy cooperation with Moscow, “in particular, on the […]
Japan plans to support the construction of pipelines that bypass the Strait of Hormuz after the US-Iran war laid bare the country’s vulnerability to disruptions in Middle Eastern oil supplies.
Japan expects its oil imports next month to be lower than this month’s but has no plans to release additional crude from storage, the country’s economy minister said.
MODEC’s FPSO Errea Wittu, which was developed for ExxonMobil Guyana, a subsidiary of the U.S.-headquartered oil and gas giant ExxonMobil, has come to Guyana, where it will undergo final offshore preparations and commissioning ahead of first oil from the Stabroek block operator’s fifth project that integrates the development of the Snoek, Mako, and Uaru resources in the South American country on […]
Japanese commodities major Mitsui is looking for investment opportunities in liquefied natural gas to secure the long-term supply of electricity for the booming data center industry.
Japan’s ENEOS Holdings has agreed to acquire Chevron’s downstream fuels and lubricants marketing businesses in Singapore, Malaysia, the Philippines, Australia, Vietnam and Indonesia for USD 2.17 billion, Eneos announced on Thursday.
Japan will establish a USD 10-billion financing framework to help Asian countries secure energy resources and build oil stockpiles as tensions in the Middle East strain supply chains, Reuters reported on Wednesday.
Japan will release additional volumes of crude oil next month, Prime Minister Sanae Takaichi said today, confirming earlier reports about more releases from inventories to handle the supply squeeze resulting from the war in the Middle East.
Japan is considering ramping up coal-fired power generation amid a liquefied natural gas crunch that has led to significantly higher prices.