Tag - energy

 
 

ENERGY

Hong Kong and China Gas, part of billionaire Lee Shau Kee’s business empire, is accelerating an expansion of biofuel firm EcoCeres in foreign markets.
BUSINESS / Companies
Oct 3, 2023
Hong Kong tycoon’s energy empire ramps up green jet fuel push
EcoCeres, one of Asia’s largest producers of green jet fuel, is exploring the possibility of expanding into new markets like the U.S. and the Middle East.
A TotalEnergies tanker truck with sustainable aviation fuel at the 54th International Paris Airshow near Paris on June 19
ENVIRONMENT / Sustainability
Oct 3, 2023
Too expensive, too scarce: Doubts grow over green aviation fuel
Generating the required quantities of alternative fuel would require huge areas of land and natural resources.
The two tankers Turba (right) and Simba side by side during secretive maneuvers off the coast in the Laconian Gulf on Sept. 19
WORLD
Sep 29, 2023
Fake coordinates and tanker tricks expose shadowy Russian oil trade
Estimates vary, but at least half of Russia’s oil is thought to flow out through shadow-fleet tankers.
U.S. President Joe Biden at an event in Tempe, Arizona, on Thursday
WORLD / Politics
Sep 29, 2023
Biden said he would stop drilling. Then reality hit.
The tug of war over one drilling lease in the Gulf of Mexico involving the president, Congress and the courts illustrates the limits of executive power.
The race to develop ever bigger and more efficient wind turbines may have been too hasty, some executives and analysts said.
ENVIRONMENT / Sustainability / ANALYSIS
Sep 29, 2023
Wind power industry drifts off course
The race to reduce reliance on fossil fuels is putting pressure on manufacturers and supply chains
The higher interest rates that many countries are now experiencing are raising the costs of renewable electricity, the prices of which are dependent on the upfront expenditures needed to build new facilities.
COMMENTARY
Sep 28, 2023
What happens when renewable energy isn’t so cheap?
Renewable prices are determined by the upfront cost of building facilities whereas fossil-fuel energy prices are a mix, including fuel costs.
Shell CEO Wael Sawan attends the China Development Forum 2023 in Beijing on March 25. At an investor day in June, Sawan outlined plans to slow investment in renewables and low-carbon business as part of a strategy to boost returns.
BUSINESS / Companies
Sep 28, 2023
Shell CEO faces pressure from within over renewables commitment
Employees have issued a rare open letter to Wael Sawan after he outlined plans to slow investment in renewables in a strategy to boost returns.
BUSINESS
Sep 27, 2023
Industry ministry sees LNG stocks recovering toward winter
LNG stocks have been declining since May as a long, hot summer boosted the use of air-conditioners, lifting demand for power and fuels.
JAPAN / Politics
Sep 27, 2023
Ex-LDP member’s indictment puts spotlight on green energy goals
A Lower House member and the former president of a major offshore wind-power company were each charged with bribery by Tokyo prosecutors.
People walk on the bank of the frozen Spree river in Berlin in 2021.
WORLD / Politics
Sep 27, 2023
EU forecasts a more comfortable winter ahead without Russian gas
Before Russia’s invasion of Ukraine, the Nord Stream 1 pipeline had accounted for 15% of Europe’s gas imports in 2021.
The Petronas Twin Towers in Kuala Lumpur
JAPAN
Sep 24, 2023
Japan to discuss carbon storage with Malaysia
Japan plans is to store 120 to 240 million tons of carbon dioxide per year underground, which is 10% to 20% of current output.
The Baihetan hydropower plant on the border between Qiaojia county of Yunnan province and Ningnan county of Sichuan province, China
BUSINESS / Markets
Sep 24, 2023
China and India lead Asia’s biggest hydropower crunch in decades
Intense heat, low rainfall and other extreme weather conditions have left many major Asian economies facing shortages of renewable power.
Oil pump jacks in Tatarstan, Russia, on June 4
BUSINESS / Companies
Sep 21, 2023
Oil companies cautious about drilling as energy transition looms
Instead of spending big to boost output, oil companies are boosting dividends or buying back shares to reward investors.
A liquefied natural gas tanker is tugged toward a thermal power station in Futtsu, Chiba Prefecture, in November 2017
BUSINESS
Sep 20, 2023
Japan’s dwindling LNG inventories could prompt new purchases
Storage held by Japan’s power suppliers fell to 1.62 million tons as of Sept. 17, according to data compiled by the trade ministry.
A tanker used for shipping liquefied natural gas sits near the Yamal LNG plant, operated by Novatek, in Sabetta, Russia.
BUSINESS
Sep 19, 2023
Japan to ensure stable energy supply despite U.S. sanctions
The latest sanctions on the Arctic LNG 2 project are part of several economic measures the U.S., Europe and their allies have taken against Russia.
California Gov. Gavin Newsom has described the climate crisis as a fossil fuel crisis.
WORLD / Politics
Sep 18, 2023
California files lawsuit against energy firms over climate crisis
The move follows the world’s hottest summer on record, in which the state grappled with wildfires, blistering heat, drought, severe storms and flooding.
BUSINESS / Companies
Sep 15, 2023
Japan moves to make more effective use of solar power
Efforts are being made to use surplus electricity generated during the daytime by solar power and to shift power demand according to supply.
BUSINESS / Economy
Sep 13, 2023
Japan’s pump prices fall for first time in 18 weeks
The decline has come after the national average rewrote a record high for the second consecutive week.
The sudden resignation of BP CEO Bernard Looney may mark a crossroads clean energy, as Looney was seen as pushing for a transition more aggressively than his industry peers.
BUSINESS / Companies
Sep 13, 2023
BP chief’s surprise exit leaves questions over green strategy
BP said Tuesday that the 53-year-old CEO was departing after failing to fully disclose to the company board past relationships with colleagues.
The International Thermonuclear Experimental Reactor, a nuclear fusion demonstration project, in Saint-Paul-lez-Durance, France, in October 2016
COMMENTARY / World
Sep 12, 2023
Fusion research shouldn’t be a nuclear weapons side hustle
Some question the wisdom of improving nuclear weapons while advocating for the separation of fusion research from weapons development.

Longform

The Terasaka Rice Terraces are seen with Mount Buko in the background.
What Yokoze can teach Japan about rural revival