Inpex Set To Begin Work On New LNG Terminal

South Korea To Drill For Gas Hydrates

Industry / Japan South Korea announced on February 10 that it is preparing to begin drilling for gas hydrates in a disputed area of the Sea of Japan (known in Korea as the East Sea), in which both South Korea and Japan...

Tokyo Gas Plans New LNG Terminal

Industry / Japan Japanese regional utility Tokyo Gas has announced plans to construct a new liquefied natural gas (LNG) import terminal in the city of Hitachi, in northern Tokyo's metropolitan area.

Cosmo Oil To Slash Refining Capacity

Industry / Japan Cosmo Oil, Japan's fourth largest refiner with a 12% market share, is considering shutting down one of its four domestic plants to combat chronic oversupply.

Exxon Secures PNG LNG Buyers

Industry / Japan Japanese utilities Tokyo Electric Power and Osaka Gas confirmed on June 22 that they have agreed to purchase liquefied natural gas (LNG) from the Exxon Mobil-led project in Papua New Guinea (PNG),...

Japan Seeks Oil Security With Reserves Hike

Industry / Japan At a time of high oil prices, market pressures and political uncertainty in the Middle East, Japan is planning on upping national oil reserves by 40% from current levels to the equivalent of 120-130...