Inpex is set to start an exploration drilling campaign offshore Japan as it seeks to prove up new oil and gas fields, which if commercialised will mark the nation’s first new offshore gas development in over three decades.
Australia’s Woodside (ASX:WPL) is studying the technical and commercial feasibility of a liquid hydrogen supply chain from Western Australia to Singapore and potentially Japan.
The proposed $10.75 billion 10GW Desert Bloom hydrogen scheme in Australia’s Northern Territory (NT), backed by an as yet unidentified Japanese gas buyer, looks set to proceed next year after being granted major project status by the local government.
Australian liquefied natural gas (LNG) developer Woodside (ASX:WPL) is busy positioning itself for a future in which hydrogen may play a growing role in the energy mix. Significantly, it is working closely with customers in its traditional LNG export markets – particularly Japan and South Korea – to meet demand for cleaner forms of energy.
It’s been less than a month since world leaders pledged to combat climate change at the COP26 summit in Glasgow, yet Japan is already showing signs of putting the brakes on divestment from fossil fuels.
The UK will back President Joe Biden’s plans to release emergency oil supplies in an attempt to reduce the price of oil.
President Joe Biden is preparing to announce a release of oil from the nation’s Strategic Petroleum Reserve (SPR) in concert with several other countries as soon as Tuesday, according to people familiar with the plan.
Japan is considering releasing oil from its strategic stockpiles, joining China and the US in a coalition of consumers that wants to tame a surge in energy prices that’s triggered a jump in inflation.
Japan's JERA, the world's largest individual buyer of liquefied natural gas (LNG), said today that it will buy a 25.7% interest in Freeport LNG Development in the US for about $2.5 billion as it races to secure LNG supplies.
Two days after scoring a surprisingly robust general election victory, Japanese Prime Minister Fumio Kishida promised up to $10 billion in additional climate finance for developing countries in a speech at COP26 in Glasgow.
A weather phenomenon that typically delivers harsher winters is on the way and expected to add to Asia’s energy crisis.
Japan's biggest refiner, Eneos Holdings (TYO:5020), said yesterday it would buy Japan Renewable Energy (JRE) for about 200 billion yen ($1.8 billion) to expand its low-carbon business. Significantly, the move marks the first major acquisition of a big renewable energy firm by an established Japanese oil wholesaler.
Energy consultancy Xodus has expanded its global footprint with the opening of its first Asia office.
Asia gas prices may be high, but over the years they are poised to go even higher due to two key developments that threaten to change Japan’s role and influence in global liquefied natural gas (LNG) markets, according to the latest analysis from Japan NRG.
Malaysia’s Petronas said it will deliver three ‘carbon neutral’ liquefied natural gas (LNG) cargoes from its Bintulu export complex to China’s Shenergy at terminals in Shanghai between October 2021 and March 2022. Still, question marks remain around whether the industry can really make LNG carbon neutral.
Green energy giant SSE Renewables making roads into the Japanese offshore wind market with the signing of a new agreement.
Asian power demand is switching away from LNG and into oil burning, Rystad Energy has said, driven by high prices.
China, which is on track to overtake the UK and become the world’s largest offshore wind market, offers niche opportunities for experienced Scottish companies.
Japan’s Inpex said yesterday that it has made arrangements for a ‘carbon neutral’ shipment of liquefied natural gas (LNG) from the Inpex-operated Ichthys LNG project in Australia to be delivered to compatriot Toho Gas.
Ithaca has agreed to acquire the North Sea assets of Marubeni in a $1billion deal, according to a news report.
Malaysia's state energy company Petronas and Japanese oil giant Eneos are exploring opportunities to develop a clean hydrogen supply chain between the two nations.
Liquefied natural gas (LNG) shipments tagged “carbon neutral” are gaining popularity among Asian buyers, despite criticism that the offsets used to justify the label don’t actually cancel out planet-warming emissions generated by the fossil fuel.
Over the past year or so, liquefied natural gas (LNG) producers, as well as buyers in North Asia, particularly Japan, have been quick to announce their involvement with so called ‘carbon-neutral LNG’ cargoes. However, some LNG buyers at the Future Energy Asia conference questioned whether LNG can really be carbon neutral.
Malaysia’s Petronas has delivered its first 'carbon neutral liquefied natural gas (LNG)' cargo from its Bintulu export complex to Japanese utility Shikoku Electric at the Sakaide import terminal in Shikoku Island. Although question marks remain around whether the industry can really make LNG carbon neutral.
Australian exports of liquefied natural gas (LNG) to China hit a new record for the full year ending June 2021 despite increased trade tensions between the two nations.