Japan’s government is amending laws that will allow state firm Japan Oil, Gas and Metals National Corporation (JOGMEC) to buy liquefied natural gas this winter if private companies cannot afford Continue Reading
Amid an energy crunch that served a severe blow to Japan’s economy, the government in Tokyo is considering extending the lives of the country’s nuclear power plant fleet beyond the Continue Reading
A Nissan Leaf electric automobile charges at a vehicle charging point in Moscow, Russia. Source: Bloomberg Nissan Motor Co. joined Toyota Motor Corp. in deciding to completely pull out of Continue Reading
Japanese crude oil imports from the Middle East in August rose 12.1% from a year earlier to 2.82 million barrels per day (bpd), equivalent to 13.88 million kilolitres, with Japan’s Continue Reading
Takeshi SaitoPhotographer: Shoko Takayasu/Bloomberg Japan’s biggest oil refiner is drawing up plans to consolidate production as domestic demand slumps because of a shrinking population and efforts to cut emissions. Eneos Continue Reading
Japan is predicting its winter will trend colder as La Nina stretches into a third year, increasing the need for heating fuels in the world’s second-biggest importer of liquefied natural Continue Reading
Huge waves in Kochi prefecture, western Japan Nine million people have been told to evacuate their homes as Japan is battered by one of the worst typhoons the country has Continue Reading
Honda will introduce more than 10 new electric motorcycle models by 2025, with an aim to reach annual electric motorcycle sales of 1 million units within the next five years, Continue Reading
Japan shutdown its nuclear plants following the 2011 Fukushima disaster. Nuclear energy is beginning to gain political and public support in Japan. The country’s prime minister recently announced the restart Continue Reading
Japan’s biggest oil refiner is drawing up plans to consolidate production as domestic demand slumps because of a shrinking population and efforts to cut emissions. Eneos Holdings Inc. has an Continue Reading
Japan is preparing a big shift on nuclear power, with Prime Minister Fumio Kishida announcing plans to look at the construction of new plants, in what would be a break Continue Reading
Japan’s manufacturing sector slowed in July, as the au Jibun Bank Japan purchasing managers’ index compiled by S&P Global Commodity Insights dipped to 52.1 from 52.7 in June, the data Continue Reading
Japan is encouraging regional authorities to take steps to contain a new coronavirus variant that has sent cases to record levels, but there is no plan for sweeping national measures. Continue Reading
As Europe braces for energy shortages from Russian gas cuts, Japan’s own energy crisis a decade ago offers survival lessons to households and businesses – such as dimming the lights Continue Reading
Honda Motor Co (7267.T) said it would slash production by up to 30% in Japan next month against original plans due to persistent supply chain and logistical issues. Two lines Continue Reading
Top two refiners suspend purchase of Russian crude Russian coal imports plunge 60%, LNG imports hike 26% in June Japan’s Russian crude oil imports fell to zero in June, while Continue Reading
Japan hopes to restart four more nuclear reactors in time to avert any power crunch over the winter, industry minister Koichi Hagiuda said on Friday, a week after the pro-nuclear Continue Reading
Japanese Prime Minister Fumio Kishida’s new push to restart nuclear reactors probably won’t be enough to avert a looming power crunch later this year that will bring new risks of Continue Reading
Japan, the world’s second-largest LNG importer, urged the United States and Australia on Tuesday to boost production and deliveries to ensure enough supply of the hottest energy commodity. “ I Continue Reading
Resource-poor Japan is facing a historic energy security risk as tensions with Moscow intensify, heightening the threat of gas supply disruptions at a time when global supply is tight and Continue Reading
Japan’s Ministry of Economy, Trade and Industry is urging domestic LNG importers to speed up securing alternative supplies to Russian LNG and is also accelerating its own efforts to consider Continue Reading
Japan is facing an energy crisis that can severely hurt the world’s third-largest economy as it is forced to tackle a combination of a weak local currency, the fallout from Continue Reading
As Japan struggles to deal with the hottest early summer on record, Prime Minister Fumio Kishida says the country must quickly restart more of its nuclear power plants. For the Continue Reading
Japan’s electricity grid creaked on Thursday under the strain of Tokyo’s hottest June since records began, but a power crunch that could have deprived tens of millions of electricity was Continue Reading
Japan is asking Tokyo residents to conserve power, with unusually hot weather stretching the city’s grid as fears increase that the heat could last for longer. Electricity supply in the Continue Reading
Highlights METI requests exception for Sakhalin 1, 2 equity oil liftings No Japanese refiner imports Russian crude currently: PAJ chief Japan’s Ministry of Economy, Trade and Industry has requested the Continue Reading
Japan’s Toyota Motor Corp (7203.T) on Monday said it missed its global production target for April as COVID-19 outbreaks and a parts shortage slowed its post-pandemic recovery. The world’s largest Continue Reading
Japan’s top three automakers saw their output in China slashed by double digits in April, highlighting the toll Shanghai’s lockdown is taking on manufacturers operating in the world’s biggest car-producing Continue Reading
Three days before a vote to choose their region’s next governor, a handful of residents in Kashiwazaki, a sleepy coastal town in northern Japan, stood by a road to hear Continue Reading
Japan’s Nuclear Regulation Authority (NRA) granted an initial approval on Wednesday for a Tokyo Electric Power’s (Tepco) (9501.T) plan for releasing water from the destroyed Fukushima nuclear power plant into Continue Reading
Japanese manufacturers are increasingly looking to move offshore operations to their home market, according to a Tokyo Steel Manufacturing Co. executive. The rapidly weakening yen that boosts the competitiveness of Continue Reading
Japan and the EU agreed on May 12 to cooperate and help each other’s security of LNG supply, and work together to reduce Europe’s dependency on Russian energy supply by Continue Reading
Sees FY oper profit at 2.4 trillion yen vs 3 trillion yen yr-ago Q4 operating profit down 33% on year; shares slip 5% FY oper pft target, Q4 result both Continue Reading
ENEOS, Idemitsu suspend signing new Russian oil import contracts Russian supply accounts for 4% of Japan’s oil imports Japan will ban “in principle” Russian oil imports following the latest commitment Continue Reading
Japan’s Prime Minister Fumio Kishida said the country must consider using more nuclear power, as the import-dependent nation grapples with rising fuel prices and a weak yen. Regulations in place Continue Reading
In 2018, when the power company Hope Energy entered Japan’s new retail electricity market, it thought it had a surefire strategy. Wholesale energy was becoming ever cheaper as liquefied natural Continue Reading
Japan raised its gasoline subsidy for oil distributors to the maximum figure of 25 yen ($0.1944) a litre for the seven days from April 21, up from 20.3 yen a Continue Reading
Highlights Lowering private reserves mandate by 13.5 mil barrels by Oct. 8 Extends earlier 7.5 mil barrels release by six months Japan will start on April 16 releasing 6 million Continue Reading
Bank of Japan Governor Haruhiko Kuroda faces another awkward communications challenge later this month when the central bank is poised to predict the strongest annual inflation since 1992 outside tax Continue Reading
Japan’s government has asked power companies to top up their liquefied natural gas (LNG) reserves and share energy resources, a person familiar with the contingency plan said, as civilian deaths Continue Reading
Japanese gas companies are preparing plans to source liquefied natural gas from Malaysia, Australia and the US in case of what they fear could be looming disruption of supply from Continue Reading
Highlights Reducing Russian coal imports in phases by finding alternative suppliers Japan steps into reducing overall Russia energy dependency including oil: PM Russia accounts for 11% of coal imports as Continue Reading
Japan may expand a subsidy program for gasoline and other fuels among measures under consideration to ease soaring energy costs, the industry minister said on Sunday. The measure will be Continue Reading
Highlights Considering ways to cut LNG, coal, oil dependency on Russia Building system for surveillance of coal supply for contingency To boost support via Jogmec for upstream oil, gas buys Continue Reading
Japan will ban the export of high-end cars and other luxury goods to Russia in its latest response to the Russian invasion of Ukraine, the trade ministry said on Tuesday. Continue Reading
Japan not under COVID-19-led movement curbs first time since early Jan Gasoline spot prices rise 37% year on year Japan’s domestic gasoline demand is expected to rise after the government Continue Reading
Japan on Tuesday issued an emergency plea for citizens, businesses and local authorities to conserve energy, warning of potential blackouts after a massive earthquake idled several power plants and unseasonably Continue Reading
Coal-fired power plant outages come amid low LNG stocks Spot electricity price surges on power plant outages All units at ENEOS’ Sendai, Chiba refineries shut A magnitude 7.4 earthquake occurred Continue Reading
Japan’s gasoline prices at the highest level in 13 years is forcing the government to give the maximum amount of subsidies for oil refiners and also consider measures to lower Continue Reading
Resource-poor Japan depends overwhelmingly on fossil-fuel imports to meet its energy needs, complicating calls for the nation to boycott Russia’s oil and liquefied natural gas (LNG) after Moscow’s invasion of Continue Reading
