Chevron New Energies International (Chevron), and Mitsui Oil Exploration Co., Ltd (MOECO) today announced the signing of a joint collaboration agreement to explore the technical and commercial feasibility of advanced geothermal power generation in Japan.
Mitsui and Shell (LON:SHEL) have signed a joint agreement to explore the technical and commercial feasibility of carbon capture and storage (CCS) in Asia Pacific, including Japan.
Japan’s Mitsubishi Corporation is set to issue a notice that it will join the new operating company for the Sakhalin-2 LNG export complex in the Russian Far East, reported Nikkei Asia.
Indonesian upstream regulator SKK Migas has confirmed that Repsol’s (BME:REP) Kali Berau Dalam (KBD) gas discovery, initially thought to be the country’s biggest find in 18 years, is significantly smaller than expected, putting the mega project in doubt.
Australia’s carbon capture, utilisation, and storage (CCUS) sector looks set for a boost as oil and gas companies, including BP (LON:BP), Santos (ASX:STO), and Woodside Energy (ASX:WDS), are investing heavily in large-scale projects.
Russia’s government ordered the establishment of a new operator for the Sakhalin-2 liquefied natural gas (LNG) project in the Far East region, according to a document published in the nation’s legal database.
Japan plans to maintain its stakes in the Sakhalin-2 natural gas project in Russia’s far east, the Nikkei Asia reported, after President Vladimir Putin signed a decree transferring rights to a new Russian company just over two weeks ago.
Russia will establish a company that will take over all rights and obligations of the Sakhalin Energy Investment Co. amid Western sanctions imposed on Moscow, a decree signed by President Vladimir Putin said on Thursday, reported Reuters.
Malaysian national oil company Petronas has signed a memorandum of understanding with Japan’s Mitsui for the conceptual and feasibility studies on the carbon capture and storage (CCS) value chain, including the evaluation of carbon dioxide (CO2) storage sites in Malaysia. Significantly, Mitsui is a shareholder in UK-based carbon management business Storegga, that is developing the Acorn CCS project.
The head of Russia’s lower parliamentary house yesterday called for the Sakhalin-2 LNG project equity owned by foreign investors from “unfriendly countries” to be transferred to Gazprom or the state.
Japan will consider providing financial support to boost production of liquefied natural gas (LNG) in the U.S., reported financial publication Nikkei Asia, as Tokyo aims to lower its energy dependence on Russia following Moscow's invasion of Ukraine.
China’s interest in acquiring an abandoned stake in a Russian liquefied natural gas (LNG) export project is providing further justification for Japan to continue its joint venture with Gazprom PJSC.
The Australian government has pledged A$67 million (US$49.7 million) of funding to help development of two carbon capture and storage (CCS) hubs – one led by Woodside and the other by Mitsui E&P. The funding will also be used to support the appraisal of a third potential storage site in Western Australia.
Japan’s Mitsui and Indonesian state-backed energy company Pertamina will jointly study carbon capture, utilisation and storage (CCUS) commercialisation options in Indonesia.
Japan’s Mitsui has agreed to make an investment in a large-scale 1.3GW renewable energy project that India’s ReNew Power is developing.
Low carbon technology firm Storegga has signed an agreement to advance the deployment of direct air capture (DAC) in Scotland.
There has been increasing speculation that Japanese oil and gas companies may follow their Western peers and exit Russian energy projects in response to Vladimir Putin’s bloody invasion of Ukraine. However, this seems unlikely, as such a move - designed to hurt Russia - would be blunted, as China is expected to fill any void left by departing investors.
Petronas and global shipping company Mitsui O.S.K. Lines (MOL) will jointly explore opportunities in liquefied carbon dioxide (CO2) transportation for the carbon capture, utilisation and storage (CCUS) value chain in Asia Pacific.
Woodside (ASX:WPL), bp (LON:BP) and Japan Australia LNG (MIMI), which is owned equally by Mitsubishi and Mitsui, have agreed to form a consortium to progress feasibility studies for a large-scale, multi-user carbon capture and storage (CCS) project near Karratha in Western Australia.
BP (LON:BP) has signed a heads of agreement to buy 3.75 million tonnes per year (t/y) of liquefied natural gas (LNG) from Beach Energy’s (ASX:BPT) onshore Waitsia gas project in Western Australia’s Perth basin for a five-year term.
The government of Bangladesh has shortlisted eight potential global companies, including ExxonMobil and TotalEnergies, as well as various Japanese players, to build the South Asian nation’s first onshore liquefied natural gas (LNG) import terminal. Significantly, the proposed 7.5 million tonne per year (t/y) LNG processing facility would double Bangladesh’s import capacity.
Thailand’s PTT Exploration & Production (PTTEP) said yesterday that there is still “no clarity” around access to the Chevron-operated Erawan gas field off Thailand ahead of a transition next year. PTTEP wants access before next April’s handover to ensure a smooth transition and stem a production decline at the field, which is key to Thai energy security.
Qatar Petroleum is set to supply another 1 million tonnes per year (t/y) of liquefied natural gas (LNG) to China after signing a 10-year contract with Shell. The deal brings Qatari LNG supplies to China under long-term deals to 12 million t/y.
Japanese trading house Mitsui has chosen the Philippines for the company’s first mega solar project in Southeast Asia.
Japan’s Mitsui aims to invest in India’s nascent small-scale liquefied natural gas (LNG) infrastructure, including logistics and receiving facilities, after signing a memorandum of understanding with Indian company Inoxcva.