A proposal is being floated atop Nissan Motor Co. for the company to revive efforts to push Renault SA to reduce its stake in the Japanese carmaker and help balance the partnership, a person familiar with the matter said. The plan would involve both companies ...

Consumers may pay a higher price to stay warm this winter if South Korea bans exports of heating fuel to Japan as the bilateral trade feud deepens. Kerosene is used as a fuel in portable stoves and fan heaters, particularly in the colder northern part ...

After years of economic malaise spurred a wave of cutbacks, closures and mergers, reshaping the refining industry in the world's fourth-biggest oil using nation, Japan's Cosmo Oil Co. is reckoning with the aftermath. While two of its rivals combined to form JXTG Holdings Inc., and ...

Idemitsu Kosan Co.'s plan to raise as much as ¥138.5 billion ($1.2 billion) by selling 48 million shares sent its stock on its biggest fall since 2008 on Tuesday. The refiner's move is the latest in the fight with its founding family over a ...

Making one of the world's biggest cities beautiful is a task beleaguered Tokyo Electric Power Company Holdings Inc. is unlikely to relish. Tepco, which is facing $144 billion in cleanup costs in the wake of the March 2011 Fukushima nuclear disaster, has been assigned the ...

Huddled deep within Tokyo's government district, nearly two dozen of Japan's top oil experts pore over a problem plaguing their industry: How can they stop China from pushing its crude refiners into a corner? The task force, summoned by the trade ministry, needs a strategy ...

First it was Japan's steel makers, now it's the nation's power producers that are set to pay for China's coal policies. Japanese utilities may pay at least 29 percent more for annual supplies this year after China's efforts in 2016 to trim overcapacity led to ...

Japan's biggest electricity wholesaler knows it will take more than cutting-edge coal technology to save the environment. The Electric Power Development Co., known as J-Power, is looking to build its first major power plant that burns natural gas as well as use more woody biomass ...

In Japan's carefully choreographed corporate world, public power struggles are generally frowned upon. Shosuke Idemitsu, 89, apparently doesn't roll that way. At an Idemitsu Kosan Co. shareholder meeting in June, investors were expected to vote in favor of reappointing directors who support the government-backed, $1.7 ...

With almost 70 percent of its land covered by forests, Japan is leading a drive to return to wood as a source of cleaner energy. While projects in the U.K. and the U.S. are experimenting with biomass, Japan is giving favorable tariffs to power producers ...