In Japan, a project to develop the world’s first tanker powered by liquefied hydrogen is pressing ahead. ClassNK has issued an approval in principle (AiP) for a design concept of a small hydrogen-fuelled oil tanker […]
Daily Standup Top Stories China Surpasses Europe in Per Capita Energy Consumption June 30, 2024 Stu Turley China’s energy consumption per capita has surpassed that of Europe, driven by decades of economic growth and infrastructure development. […]
Long, slow erosion of the US dollar’s dominance. China’s renminbi keeps losing ground, many other currencies gain, as does gold. By Wolf Richter for WOLF STREET. The US dollar is still by far the most dominant global reserve […]
Dutch surveyor Fugro has been awarded a site characterisation contract for a wind farm development off the coast of the Japanese cities of Murakami and Tainai, Japan. The offshore wind farm off the country’s west […]
A collapsed yen is not good for Japan, which has had a trade deficit for years. And it contributed to energy price shocks. By Wolf Richter for WOLF STREET: The yen dropped to ¥160.8 to the USD today, […]
Japan’s trading house Mitsui & Co has completed the acquisition of an unconventional gas asset in Texas with access to the US Gulf Coast LNG export terminals and ammonia plants. Mitsui said in a statement […]
Japan’s liquefied natural gas (LNG) imports rose in May for the second month in a row, according to the provisional data released by the country’s Ministry of Finance. The country’s LNG imports rose 5.6 percent […]
A trio of Japanese companies has teamed up to commercialise rigid sails as a new energy-saving device for shipping. Hiroshima-based shipbuilder Tsuneishi Shipbuilding, in partnership with Mitsui E&S Shipbuilding and Akishima Laboratories, will be developing […]
Too little too late? Japan had trade deficits for years; a crushed yen is not good. Needed now: Big QT & rate hikes to bail out the yen. By Wolf Richter for WOLF STREET: The Bank of Japan’s […]
TOKYO, June 4 (Reuters) – Japan is set to push for more nuclear power in an energy policy update due next year, seeking stable electricity supply in face of growing demand and heightening geopolitical risks, […]
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