NEWSWORTHY
The tiny, energy-rich Arab nation of Qatar announced on Monday it would withdraw from OPEC, mixing its aspirations to increase production outside of the cartel's constraints with the politics of slighting the Saudi-dominated group amid the kingdom's boycott of Doha. The surprise announcement from Qatar's ...
How the lifelines of the economy feed and fuel Japan
Given Japan's low food self-sufficiency ratio and dearth of energy resources, the sōgō shōsha have acted as a lifeline to Japan's economy through the import of foodstuffs and energy resources. However, the sōgō shōsha's involvement goes far beyond just importation. Here, I would like to ...
How investing in American LNG boom backfired on Toshiba
Buy high, sell low and guarantee a loss. It's not exactly what Toshiba Corp. planned when it dipped its toes in liquefied natural gas trading. Yet that's exactly how it turned out, as the industrial giant capped off its five-year misadventure in LNG on Thursday ...
First shipment of Inpex LNG from Ichthys project departs Australia for Japan
Inpex Corp. said Tuesday that the first shipment of liquefied natural gas produced as part of its project in northern Australia departed for Japan late Monday evening. The first Japanese-operated LNG project abroad, called Ichthys, began production at a gas field off the northwestern coast ...
Breathing easy in Beijing may get pricier as Xi targets U.S. LNG amid trade row
Chinese President Xi Jinping's trade policies are threatening to make his environmental goals more costly to meet. The world's biggest gas importer on Friday included U.S. liquefied natural gas on a list of goods that could be hit with a 25 percent duty. While no ...
In major milestone, Inpex begins production at offshore Australian LNG project
Tokyo-based Inpex Corp. announces that its Ichthys liquefied natural gas project has gotten underway off the northwest coast of Australia.
A Japanese gas product vendor is tapping into the Nepali market as part of efforts to expand business in Asia, cashing in on growing energy demand in the Himalayan state, which is still recovering from a devastating earthquake three years ago. Saisan Co., a distributor ...
Democrats demand answers over Scott Pruitt's mystery Morocco trip and lobbyist pal's pricey contract
EPA Chief Scott Pruitt's four-day trip to Morocco last December was puzzling from the start. Environmental Protection Agency officials didn't tell reporters about the excursion until after Pruitt had returned. And their initial explanation — that Pruitt was touting the benefits of U.S. liquefied natural ...
In nod to Trump trade pressure, Japanese ship takes 'first of many' U.S. gas loads
The giant Japanese gas tanker LNG Sakura is doing its share to appease U.S. President Donald Trump's frustration over trade with Asia. The vessel with the largest spherical tanks in the liquefied natural gas industry is taking the first shipment from Dominion Energy Inc.'s Cove ...
The Japanese government said it will promote the exports of U.S. liquefied natural gas to Asian countries to help slash Washington's trade deficit. Masaki Ishikawa, chief of the Trade and Economy Cooperation Bureau in the Ministry of Economy, Trade and Industry, spoke of the plan ...
Japan's first ice-breaking LNG tanker enters service in Arctic Ocean
Shipping company Mitsui O.S.K. Lines Ltd. put an ice-breaking tanker into service in the Arctic Ocean on Thursday to transport liquefied natural gas from a Russian plant to Europe, becoming the first Japanese firm to own and operate such a vessel. The Vladimir Rusanov will ...
U.S. regulators OK Atlantic Coast and Mountain Valley natural gas pipelines
RICHMOND, Virginia AP A divided panel of federal regulators granted approvals Friday evening for the Atlantic Coast and Mountain Valley natural gas pipelines, major East Coast projects. The Federal Energy Regulatory Commission's authorization had been widely expected by both supporters and opponents of the pipelines. The certificates ...
