Business Apr 10, 2017

Japan to conduct second test to produce gas from methane hydrate

The trade ministry said Monday it has begun preparations for a second production test to extract methane gas from methane hydrate deposits off Japan's central coast. The test is the first since Japan achieved the world's first extraction of gas in 2013 from offshore deposits ...

Business May 23, 2016

Japan pays least since 2005 for LNG amid price slump

Japan, the world's biggest buyer of LNG, paid the lowest price in about 11 years for the fuel last month amid a global oversupply. The average price of LNG shipments into the country was about $6.32 per million British thermal units in April, the least ...

Business / Corporate Jan 20, 2016

Mitsubishi bolsters U.S. LNG ties with gas marketer purchase

Mitsubishi Corp. bolstered access to natural gas supplies for its North American export projects by taking full ownership of oil and gas marketer Cima Energy Ltd. Mitsubishi, which already held 34 percent of Cima, took control of the Houston-based company, it said Wednesday, without providing ...