G-7 calls for energy investment amid grim industry outlook

May 3, 2016

G-7 calls for energy investment amid grim industry outlook

The Group of Seven energy ministers have agreed that more investment is needed to lift energy output, but the outlook for boosting production remains tough. Energy companies still find it difficult to ramp up investment with no clear sign of a turnaround in the ...

G-7 vows to spur investment, security for stable energy supply

May 2, 2016

G-7 vows to spur investment, security for stable energy supply

Energy ministers from the Group of Seven nations agreed Monday on the need to strengthen energy security and promote investment in the sector, as low prices and other emerging issues threaten to destabilize supply. The ministers gathered in Kitakyushu, Fukuoka Prefecture, for two days ...

Trading houses eye slice of Japan's liberalized electricity market pie

Apr 27, 2016

Trading houses eye slice of Japan's liberalized electricity market pie

Major trading houses are strengthening their electricity businesses to take advantage of growing overseas demand and the liberalization of power retailing in Japan that started this month, industry officials say. Sumitomo Corp. has revised down its consolidated net profit estimate for the year that ...