Aug 31, 2015

'Largest ever' Mediterranean gas field found off Egypt

Italian energy giant Eni on Sunday announced the discovery of the “largest ever” offshore natural gas field in the Mediterranean, in Egypt’s territorial waters. The discovery, confirmed by Egypt’s oil ministry, could hold a potential 850 billion cubic meters (30 trillion cubic feet) of ...

Jul 6, 2015

Japan protests Chinese gas development in East China Sea

Chief Cabinet Secretary Yoshihide Suga said Monday that Japan has been protesting China’s construction of new gas field development facilities in the East China Sea since June 2013. “We have repeatedly protested against China’s unilateral gas development and have urged China to stop it,” ...

Jul 5, 2015

Electricity and gas liberalization

Liberalization of the electricity and gas industries could be a boon, but the government needs to keep a close watch to make sure consumers don't get burned.

Jun 19, 2015

Big injections of wastewater trigger quakes: study

The more oil and gas companies pump their saltwater waste into the ground, and the faster they do it, the more they have triggered earthquakes in the central United States, a massive new study found. An unprecedented recent jump in quakes in America’s heartland ...

May 25, 2015

All major power, gas suppliers to cut rates for July

All 10 major electricity firms and four gas suppliers plan to cut their rates for July to reflect lower fuel and liquefied natural gas prices. The monthly electricity bill of an average household is expected to fall some ¥300 from the previous month to ...

Seattle, like it or not, becomes Shell's Arctic base

May 15, 2015

Seattle, like it or not, becomes Shell's Arctic base

The arrival in Seattle Thursday of an oil rig Royal Dutch Shell is outfitting for oil exploration in the remote Arctic Ocean marks a pivotal moment for an environmental movement increasingly mobilized around climate change. Activists paddling out in kayaks to meet the rig ...

May 3, 2015

Broader Panama Canal set to help energy-hungry Japan

The reopening next April of a wider Panama Canal is expected to help shape Japan’s post-3/11 energy policy. With all reactors offline after the shattering of the nuclear safety myth, imports of liquefied natural gas are growing so thermal power can offset the total ...

Mar 4, 2015

Competition to grow in Japan's ¥10 trillion energy markets

Competition within Japan’s ¥10 trillion electricity and gas retail markets looks certain to increase under full liberalization being pushed by the Cabinet. At a meeting Tuesday, Prime Minister Shinzo Abe’s team approved bills that would promote electricity and gas industry reforms aimed at liberalization. ...