First LPG Shipped from Ichthys Project
Japan's Inpex Corp said it had sent the first liquefied petroleum gas (LPG) shipment from its giant Ichthys project in Australia.The LPG vessel Hellas Gladiator departed the…
U.S. Allows Eight Jurisdictions to Keep Buying Iran Oil for Now
The United States said on Friday it will temporarily spare eight jurisdictions from U.S. Iran-related sanctions, allowing them to keep importing Iranian oil after U.S. economic…
First LNG shipment from Ichthys project arrives in Japan
The first liquefied natural gas (LNG) shipment from the giant Ichthys project in Australia arrived at Inpex's Naoetsu LNG receiving terminal in northern Japan on Wednesday,…
Philippines Short-lists Three Groups for LNG Terminal Project
The Philippines has short-listed three different groups to build and operate its first liquefied natural gas (LNG) import terminal and hopes to nominate one by November, its…
Japan Spent $4 Bln to Back Global LNG Infrastructure Push
The Japanese government along with private companies have spent $4 billion in the past year on liquefied natural gas (LNG) projects, mainly in Asia and across the supply chain…
Oil Falls Below $79 as Rising U.S. Stockpiles Weigh
Oil fell more than $1 a barrel to below $79 on Thursday as the fourth weekly increase in U.S. crude inventories suggested ample supply, while Saudi-U.S. tension and falling Iranian exports lent support.U.S.
Oil Prices Fall Ahead of U.S. Crude Stocks Data
Oil prices fell on Wednesday after three days of gains as markets awaited key U.S. inventory data expected to show a build in U.S. crude stockpiles.Brent crude was down 65 cents at $80.76 a barrel by 1325 GMT…
Water at Fukushima Site is Still Radioactive
The owner of the Fukushima nuclear plant, destroyed by an earthquake and tsunami more than seven years ago, said water treated at the site still contains radioactive materials…
Japan Transfers Excess Renewable Power Between Regions for First Time
Japan transferred excess renewable energy supplies between two of its electricity regions for the first time since a major shakeup of its power sector, the country's grid monitor told Reuters.The transfer of excess
Mitsubishi Signs on $31 Bln LNG Canada Project
Japanese trading house Mitsubishi Corp said on Tuesday it will join in developing the LNG Canada project in British Columbia led by Royal Dutch Shell, which has taken a final investment decision to go ahead with the
How Refiners Plan to Grapple With Fuel Oil Output After 2020
High-sulphur fuel oil (HSFO), essentially the leftovers of an oil refiner's output, will still flow from refineries around the world even after new rules start up in 2020 curtailing…
Japan's LNG Imports Slide to Lowest Since May 2016
Japanese imports of liquefied natural gas (LNG) in June fell to the lowest in more than two years as the country's utilities switched on more nuclear reactors that had been…
Japan's First LNG Bunkering Vessel to Launch in 2020
Kawasaki Kisen Kaisha, Chubu Electric Power, Toyota Tsusho, and Nippon Yusen KK said on Friday that their joint venture has placed an order for a liquefied natural gas (LNG)…
Oil Falls as OPEC Output Rises
Brent crude fell Monday as supplies from Saudi Arabia and Russia rose while economic growth stumbled in Asia amid escalating trade disputes with the United States. At the same time, U.S.
Centrica, Tokyo Gas Break Mold in Mozambique LNG Deal
Britain's Centrica and Japan's Tokyo Gas aim to buy liquefied natural gas (LNG) from Anadarko Petroleum's $20 billion project in Mozambique, the first joint procurement deal designed to defuse risks facing the buyer
Oil Falls $2 a Barrel Ahead of OPEC Meeting
Oil prices fell sharply Friday, with benchmark Brent crude dropping more than $2 a barrel ahead of an OPEC meeting in Vienna next week as two of the world's biggest producers…
Oil Prices Slip On Expectations of Higher Supply
Oil prices fell on Wednesday on increasing signs that Saudi Arabia and other big crude producers may raise supply to balance a surge in demand during the peak U.S. summer driving…
Tokyo Gas Takes First LNG Cargo from Cove Point
Japan received its first shipment of liquefied natural gas (LNG) on Monday from Dominion Energy Inc's newly completed Cove Point export plant, the beginning of a jump in imports…
Osaka Gas wins Taiwan LNG terminal consulting work
Japanese city gas supplier Osaka Gas says its subsidiary has won consulting work for liquefied natural gas (LNG) terminals planned by Taiwan's state-owned CPC Corp and Taiwan Power Co.The subsidiary, Osaka Gas Engin
Buyers Seek US Waivers to Buy Iranian Oil amid New Sanctions
South Korea said on Wednesday it would seek U.S. exemptions to buy Iranian oil, a path many big oil consumers are likely to follow in the wake of new U.S. sanctions on Tehran…