Jan 26, 2015

Making the most of cheaper oil

The steep fall in crude oil prices has certainly benefited consumers, but Japan needs to develop a wise energy policy that shields it from the vagaries of oil-price fluctuations over the long term.

Methane hydrate extracted from Sea of Japan

Dec 25, 2014

Methane hydrate extracted from Sea of Japan

The government has succeeded in extracting samples of a next-generation resource called methane hydrate from the bottom of the Sea of Japan, the Agency for Natural Resources and Energy said Thursday. Researchers conducted drilling surveys and were able to obtain samples of the “fiery ...

Nov 6, 2014

Japan, U.S. to launch joint research on methane hydrate

Japan and the United States agreed Thursday to launch joint research into the development of methane hydrate, an energy source also known as burning ice. Japan Oil, Gas and Metals National Corp. signed a memorandum of understanding in Tokyo with the National Energy Technology ...

Jun 20, 2014

Methane hydrate deposits probable in Sea of Japan

The government said Friday it is highly likely that deposits of methane hydrate, a next-generation energy source, exist in the seabed of the Sea of Japan off the northern and western parts of the country. The government’s survey from April found geological structures suggesting ...

Methane hydrate gets budgetary OK

Dec 25, 2013

Methane hydrate gets budgetary OK

The Abe administration plans to boost spending on the development of undersea methane hydrate, a potential next-generation energy source, as well as on renewable energy projects in fiscal 2014. In its draft budget adopted Tuesday, the administration set aside ¥12.7 billion for methane hydrate ...

Jun 9, 2013

Sea of Japan methane hydrate survey kicks off

The government Saturday started its first full-fledged investigation to assess the size of methane hydrate reserves in the Sea of Japan. Japan succeeded in extracting natural gas from methane hydrate contained in geologic layers hundreds of meters below the Pacific seabed in March, but ...