Industry official: Japan will start planning floating wind testing centre next year
A senior industry official announced that Japan will begin planning for a floating national wind test centre in 2019. The official vowed to continue on the path of wind energy growth despite recent setbacks, such as Mitsubishi quitting three projects.
Tokyo Gas to Buy LNG from Venture Global
Tokyo Gas is in discussions with Venture Global to purchase 1 million metric tonnes per annum of liquefied natural gas from the company's CP2 export facility, three people with knowledge of the talks told Reuters on Monday.Venture Global is the second largest U.S.
Japan returns to long term LNG deals on AI boom and national energy plan
The liquefied gas industry in Japan is once again in the spotlight, as artificial intelligence booms and rising costs of cleaner energy drive the appetite for long-term LNG contracts. Japan, which is the second largest LNG importer in the world…
Tokyo Gas does not expect any direct impact from the conflict between Israel and Iran on LNG purchases by Tokyo Gas
Tokyo Gas, Japan's largest city gas supplier, said that the conflict between Israel and Iran has no impact on its LNG procurement. Nobuhiro Sugawara, Senior Managing Executive Officer, said on the sidelines the Japan Energy Summit…
Japan's Gas Industry Allows Gas with Carbon Capture in 2050 Net Zero Plan
The Japan Gas Association announced on Tuesday that it will take a more flexible stance in its efforts to become carbon neutral in 2050. This includes allowing a greater use of gas, in conjunction with carbon capture and other decarbonisation methods.
Tokyo Gas, Japan expands its US shale-gas business with Chevron
TG Natural Resources LLC, co-owned by Tokyo Gas, Castleton Commodities International and Castleton Commodities, announced on Tuesday that it had purchased a 70% stake of east Texas gas assets for $525m from Chevron, in order to expand its U.S. Gas business.
Tokyo Gas expects its net profit to double in FY26
Tokyo Gas, Japan's largest city gas provider, said that it aims to double its net profits in 2026 and has plans to expand into the United States. The plan was released in a mid-term management report on Wednesday. The company…
Japan Gas Industry Head: Higher US LNG Imports Must be Mutually Beneficial
The head of Japan's Gas Industry Group said that higher imports of U.S. Liquefied Natural Gas would improve Japan's energy security and supply stability. However, they must be pursued on a mutually-beneficial basis for both parties. U.S.
CEO CERAWEEK Woodside says that the Louisiana LNG investment decision may be delayed until Q2.
Meg O'Neill, the CEO of Woodside LNG Australia, said on Monday that the company may delay a final decision on the Louisiana plant's liquefied gas project until the second quarter 2025 if talks to sell the half of the project continue.
Woodside Energy's profit for the year is at its lowest level in three years due to low oil and gas prices
Woodside Energy, a major oil and gas company, reported on Tuesday its lowest annual profit in the last three years, due to lower realized prices. However, it maintained its production forecast for 2025, based on expectations that demand for liquefied gas will be strong.
Tokyo Gas sells US shale-gas stake to Shizuoka Gas at $130 million
Tokyo Gas, Japan’s largest city gas supplier, has announced that it will sell Shizuoka Gas its 25% stake in the Eagle Ford shale project in South Texas for $130m as part of an asset portfolio review in order to improve efficiency.
Sources say that RPT-Australian Woodside is in talks with three partners about Louisiana LNG.
Multiple sources have confirmed that Woodside Energy is in talks with several potential investors to buy stakes in the Louisiana liquefied gas plant. These include Tokyo Gas, Japan’s JERA, and Saudi Aramco-backed MidOcean Energy.
Sources: Woodside Australia is in talks with three partners about Louisiana LNG.
Multiple sources have confirmed that Woodside Energy is in talks with several potential investors to buy stakes in the Louisiana liquefied gas plant. These include Tokyo Gas, Japan’s JERA, and Saudi Aramco’s MidOcean Energy.
Minister says Canada's Alberta is looking to Japan for new LNG contracts amid US tariff threats
Rebecca Schulz is the minister for environment and protected areas in Canada's Alberta, which is a major producer of gas. She said that expanding into Japan was an important goal in light of a U.S. Tariff threat. Schulz, in an…
Japan selects two groups to participate in the third round of offshore wind power
In a third round of major public auctions, the Japan's land and industry ministries selected, on Tuesday, two consortiums as operators for offshore wind blocks, including one that included energy giant BP. Analysts in the industry…
Woodside CEO: Louisiana LNG project to be partnered with several companies by March
Woodside Energy's CEO said that the company expects to have several partners in its Louisiana liquefied gas project by the time it gives financial approval to the U.S. Project, which is expected to be the first quarter of 2020.
Tokyo Gas president: Asset sales will boost capital efficiency by Tokyo Gas
Tokyo Gas wants to increase capital efficiency through the sale of underperforming assets including real estate. This was announced by its president on Thursday following disclosures that activist investor Elliott Management had invested 5% in Tokyo Gas.
Woodside and Tokyo Gas discuss stake in US LNG Project
Tokyo Gas and Woodside Energy are in discussions about a possible stake in the multi-billion dollar Louisiana LNG export project. Two people familiar with these talks confirm this. Woodside, a major Australian oil and natural gas company…
Tokyo Gas announces share purchases after H1 profits fall by 84% due to lower gas prices
Tokyo Gas, Japan’s largest city gas provider, posted a 17.2 billion yen (112 million dollars) net profit for the first half of this year to September. This is down 84% compared to the same period last year, due to lower gas prices in Japan and North America.
Japan increases LNG flexibility through collaboration with S.Korea and Italy
Japan agreed to cooperate with South Korea and Italy in the procurement of LNG. It is the second largest LNG importer behind China, which seeks more flexibility while strengthening energy security. JERA, Japan’s largest utility company, and South Korea’s Korea Gas Corp.