Energy

Japan says it is prioritizing energy security in declaring it will not withdraw from three Russian energy projects, including this one off the coast of Sakhalin, north of Hokkaido.
Ukraine war

Japan will maintain Russia oil and gas projects: economy minister

Koichi Hagiuda cites energy security as reason to stay in Sakhalin and Arctic

1 April 2022
Japan will not give up its stake in the Sakhalin-2 liquefied natural gas project in Russia as it is essential to energy security.
Ukraine war

Japan will not abandon Sakhalin-2 LNG stake, Kishida says

PM calls project essential to energy security despite Russia's invasion of Ukraine

31 March 2022
Former Ukrainian Prime Minister Arseniy Yatsenyuk says the demilitarization of Ukraine would be "completely unacceptable," as it would let his "naked" country "easily be grabbed by Russia."
Interview

Japan must impose embargo on Russian oil and gas: Ukraine ex-PM

Arseniy Yatsenyuk says Moscow's aim in cease-fire talks is 'just to buy time'

31 March 2022
Nayara Energy owns India's second-largest single-location refinery, as well as a power generation business, all-weather port and 6,500 retail outlets.
Ukraine war

Russian-owned Indian refinery faces funding squeeze

Nayara Energy debt rating under review as sanctions hit major shareholder Rosneft

29 March 2022
An ocean thermal energy conversion facility. Mitsui O.S.K. hopes to build a large-scale version of such a facility that will generate cheaper power than from solar or wind sources.
Climate Change

Mitsui O.S.K to launch ocean thermal power plant in 2025

Japan shipper eyes cheaper green energy than floating offshore wind farms

29 March 2022
India's demand for power has grown along with its economy, but rural areas remain off the electricity grid.
Energy

Japan's Chubu Electric to fund Indian 'mini-grid' startup

Utility eyes OMC's skill in bringing power equipment to underdeveloped areas

29 March 2022
Bypassing the Panama Canal means much quicker and cheaper shipments for LNG suppliers.
Energy

North American LNG suppliers go west to feed hungry Asia

Avoiding congested Panama Canal cuts shipping time to 8 days

29 March 2022
Sinopec is involved in two major projects in Russia, a production joint venture with Rosneft and development of a chemical and processing complex with Sibur. 
Ukraine war

China's Sinopec to keep buying Russian oil and gas, exec says

President calls purchases 'normal trading cooperation'

28 March 2022
By using carbon neutral LNG, companies can claim they don't emit CO2 while burning gas. (Source photo by Getty Images and Kyodo)
Climate Change

Are energy companies' carbon neutral gas products truly green?

'Environmental friendly' LNG from Shell, BP, Total may not work as advertised

28 March 2022
A freeze in financing for Arctic LNG 2, a $23 billion development project in Russia, may delay the start of its operations, which had been slated for 2023. (Photo by Yohei Ishikawa).
Ukraine war

Japan and France freeze investment in Russia's Arctic LNG 2 project

Start of $23bn plan could be delayed as sanctions keep banks from sending money

25 March 2022
Senior General Min Aung Hlaing and his army ousted Myanmar's elected government in a military takeover on Feb. 1 last year, and Russian President Vladimir Putin invaded Ukraine on Feb. 24 this year. (Nikkei montage/Reuters/Getty Images/PTTEP）
25 March 2022
A fuel cell truck at a hydrogen filling station in China's Guangdong Province.
Energy

China's hydrogen road map targets 50,000 fuel cell vehicles by 2025

Beijing eyes related infrastructure in Belt and Road countries

24 March 2022
Eneos Holdings and Idemitsu Kosan will halt Russian crude oil imports after the fulfilment of current contracts. (Source photos by Reuters and screenshot from Idemitsu's website) 
Energy

Japan's Idemitsu and Eneos halt Russian oil imports

Oil majors pull back due to logistical, payment concerns, consumer pressure

23 March 2022
A cold snap in Japan is expected to add pressure on power utility TEPCO, which already faces reduced capacity due to recent earthquakes. (Photo by Ryo Mukano)
Energy

Millions in greater Tokyo brace for possible power outage

Government issues alert for capital and Tohoku after quakes halt energy plants

22 March 2022
Loy Yang coal fired power station, operated by AGL Energy, in the state of Victoria. Australia relies on coal for more than half of its power generation.
Energy

Australian power companies speed closure of coal-fired plants

Doubts grow over security of country's power supply

22 March 2022
A tanker carrying U.S. LNG arrives in Japan. (Photo by Ryosuke Hanafusa)
Energy

Replacing Russian LNG from Sakhalin-2 would cost Japan $15bn

Price tag for imports to jump 35% if Mitsui, Mitsubishi pull out of energy project

22 March 2022
Russian President Vladimir Putin speaks at a session of the Russian Energy Week International Forum in Moscow in October.
Interview

Energy guru Yergin: Putin has destroyed the economy he built

As the world heads to a scramble for oil, Iran emerges as key alternative source

21 March 2022
Two mothballed coal power plants in China's northwest, owned by China Huaneng Group, will start pumping out electricity again.
Caixin

China reignites mothballed coal plants in wake of power shortages

Move indicates fossil fuels still seen as key to country's energy security

18 March 2022
The Shwe gas field is the only resource development project in which Posco International has a stake. (Photo courtesy of Posco International)
Myanmar Crisis

Asian majors keep Myanmar gas pumping despite EU sanctions

Posco and PTT expand footprint as Total and Chevron head to exit

17 March 2022
With more than 20 liquefied natural gas power plants in the pipeline, Vietnam's transition from coal will help lower emissions. (Photo by Konosuke Urata)
Energy

Samsung C&T wins $940m deal for Vietnam's first LNG power plant

Project with local partner slated to come online as early as 2024

17 March 2022
Global Venture began shipping LNG this month from Calcasieu Pass, a new export facility in Louisiana. (Photo courtesy of the company)
Energy

Venture Global LNG to become top U.S. supplier to China, CEO says

Newly emerging energy company lands megadeals with Sinopec, CNOOC

16 March 2022
Exxon Mobil has announced it is exiting the Sakhalin 1 oil project. (Exxon Neftegas via Kyodo)
Energy

Shadow of Iran oil failure looms over Japan's Sakhalin decision

Pressure to leave Russia echoes Azadegan exit, which opened door for China

15 March 2022
Police officers in Tokyo. Japan is considering creating a new police force dedicated to nuclear power plants, inspired by an initiative in Fukui Prefecture.
Politics

Japan to consider new police unit for guarding nuclear plants: PM

Kishida also urges U.N. reform over Russian invasion of Ukraine

15 March 2022
Russia's invasion of Ukraine has fired up scrutiny of Moscow's military ambitions in other parts of the world, shining the spotlight on projects in places such as its remote Far East. (Source photos by Reuters)
International relations

Russia looks to Northern Sea Route as its military ambitions expand

Moscow aims to use Arctic waters as strategic link between Asia and Europe

13 March 2022
The Sakhalin-2 project, on Russia's island of Sakhalin, is important source of energy for Japan. 
Energy

No easy exit for Japan from Russia's Sakhalin-2 LNG project

Dilemma between energy security and sanctions to bedevil Tokyo for some time

13 March 2022