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Nippon Foundation, DeepStar Launch Joint Decarbonization R&D Program

Dec 06, 2021

The Nippon Foundation signed a Memorandum of Understanding (MoU) with the offshore technology development consortium DeepStar to establish a joint research and development program focused on decarbonization in offshore oil and gas, with a focus on renewable energy and the environment.The initial program budget is up to $10 million through 2026, and the overall plan is to develop technologies for commercialization…

Japan to Resume Offshore Wind Auctions by Year-end After Revising Rules

Jun 23, 2022

Japan's government plans to resume public auctions for offshore wind power projects by the end of this year, after revising rules to draw a wider range of bidders and encourage faster development of new infrastructure.The resumption follows…

Japan to Divert LNG to Europe Amid Russia-Ukraine Tensions

Feb 09, 2022

Japan will divert some liquefied natural gas (LNG) cargoes to Europe after requests from the United States and the European Union, the industry minister said on Wednesday, a step that aligns the country with the West as tensions flare with Russia…

Japan to Tackle Red Tape to Boost Renewable Energy

Apr 23, 2021

Japan plans to cut approval times for wind projects, open up abandoned farmland, boost grid capacity and other measures to slash red tape that has for decades impeded efforts to bring more renewable energy into the power mix.Actions to reduce…

Japan Faces LNG Shortage Amid Supply crunch, Cold Weather

Jan 07, 2021

JERA, Japan's biggest electricity generator and the world's largest buyer of liquefied natural gas (LNG), is operating gas- power plants at lower rates as it runs down inventories amid rising heating demand as temperatures drop.The company joins…

Fugro, NYK to Provide Geotechnical Services for Offshore Wind Sector in Japan

Nov 16, 2020

Dutch-based Fugro and Japan's NYK Group have signed a memorandum of understanding to provide offshore geotechnical services in Japan.The two companies will also collaborate on a feasibility study into jointly operating a specialist investigation vessel for renewables projects…

Japanese Oil Firm Cuts Profit Guidance. Wants to Become 'Leader' in Offshore Wind

Nov 13, 2020

Japanese oil firm Cosmo Energy Holdings on Thursday cut its net profit estimate for the year to March 31 by 41%, blaming a hefty appraisal loss on its crude inventories and slumping prices of petrochemicals.It now forecasts an annual net profit of 8…

Japan to Introduce Tax Breaks, Fund to Support Zero-carbon Goal

Nov 13, 2020

Japan plans to introduce tax incentives and create a research fund to support so-called green investment, as the government pushes to meet a target of carbon-neutrality announced earlier this month, the Nikkei newspaper reported.The government…

MODEC Sets Out to Reduce Cost of Floating Wind Turbines

Oct 30, 2020

Japanese FPSO specialist MODEC says it is working with partners to develop a solution that will reduce the overall cost of floating offshore wind turbines.For some time, floating offshore wind has been something of a niche, but now full-scale demonstrators are in the works…

Japan's JERA Launches LNG Bunkering Business

Oct 21, 2020

JERA, the world's biggest liquefied natural gas(LNG) buyer, said on Wednesday that it has begun LNG bunkering business in central Japan through its joint venture with Kawasaki Kisen Kaisha, Toyota Tsusho and Nippon Yusen KK.The move is aimed…

Japan's Eneos Shuts Osaka Refinery CDU

Oct 02, 2020

Japan's biggest refiner, Eneos Corp, permanently shut the 115,000 barrels-per-day (bpd) crude distillation unit at its Osaka refinery on September 30 as planned, a company spokeswoman said on FridayThe refiner, which was formerly known as JXTG…

Japanese Oil Refiner Joins Offshore Wind Venture

Sep 11, 2020

Japanese oil refining company Eneos said Thursday it was joining an offshore wind joint venture targeting projects in Akita Prefecture in Japan.Eneos has acquired a share in GK Happo Noshiro Offshore Wind, a company formed to seek opportunities…

Mitsui Hires JDC's Hakuryu-11 Jack-up Rig to Drill Off Japan

Sep 11, 2020

Japanese offshore drilling company JDC has won a drilling contract with Mitsui Oil Exploration.JDC said that the contract was for the provision of a jack-up drilling rig 'HAKURYU-11.' According to JDC, which operates a fleet of five jack-ups…

JERA, J-Power, Equinor in Offshore Wind Pact in Japan

Sep 09, 2020

Norwegian energy giant Equinor has entered into a consortium with Japanese power companies JERA and J-Power to jointly evaluate and work towards submitting a bid for offshore wind power projects in Akita Prefecture off Noshiro City, Mitane Town…

JERA Files EIS for 520MW Offshore Wind Farm in Japan

Aug 24, 2020

Japanese company JERA has filed an environmental impact statement for the proposed 520MW offshore wind farm in the Ishikari Bay, Hokkaido, Japan.JERA, which submitted the documents to the Minister of Economy, Trade, and Industry on Monday said…

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Gazprom Cancels Dividend for First Time Since 1998. Shares Drop
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