TOKYO (AP) — Toyota said Wednesday it expects annual sales of its newly-released fourth generation Prius hybrid to reach as many as 350,000 vehicles despite a big drop in oil prices making traditional gasoline cars cheap to run.
The automaker is promising mileage of 96 miles a gallon in Japan for its latest version of the gasoline-electric car, better than initially projected.
TOKYO (AP) — The face masks, thick dark haze and pollution warnings plaguing residents of China's capital this week once were a fact of life for people living in Japan's biggest industrial cities.
Japanese suffered from dire pollution problems for nearly a century, from the time the country first began industrializing in the late 1800s. But a combination of public protests and lawsuits, local government action, use of nuclear energy and upgrading of industries and technology helped to turn the tide in the 1970s and '80s.
TOKYO (AP) — JX Holdings Inc., Japan's largest oil refiner and wholesaler, plans to take over smaller rival TonenGeneral Sekiyu, forming a behemoth with combined sales of 14 trillion yen ($113 billion).
JX Holdings said Thursday that the two companies will combine through a share swap in 2017 in the latest move toward consolidation in a shrinking industry that's also pressured by falling oil prices.
TOKYO (AP) — A compromise struck by the United States, Japan and several other major nations will restrict export financing to build coal power plants overseas, but not eliminate it completely.
The agreement reached Tuesday is an important step forward that sends a strong political message ahead of upcoming international climate change negotiations in Paris, an American official and environmentalists said.
TOKYO (AP) — The operator of Japan's nuclear fuel reprocessing plant said Monday it was postponing the opening to as late as September 2018, citing regulators' lengthy inspection procedures and time needed for safety upgrades.
The Rokkasho reprocessing plant in northern Japan has raised proliferation concerns because the plutonium it extracts from spent fuel — for the purpose of generating electricity — is enough to make thousands of nuclear bombs.
TOKYO (AP) — Japan's nuclear regulator issued a rare warning Friday to the science minister, telling him to disqualify the operator of a plutonium-fueled reactor plagued with a poor safety record, a step that could finally shut it down.
The Monju plant was once considered a "dream reactor" that would make use of the plutonium produced by Japan's regular uranium-fueled reactors as a byproduct in their spent fuel. The ultimatum by the Nuclear Regulation Authority could add further uncertainty to Japanese energy policy, already shaken by the 2011 crisis at the Fukushima nuclear plant.
American Petroleum Institute data showing a 6.3 million barrel increase in crude stockpiles and weak Japanese manufacturing data helped pressure oil prices early Wednesday. U.S. benchmark crude fell 44 cents to $43.77 a barrel in electronic trading on the Nymex, while in London Brent lost 15 cents to $47.29, Reuters reports.
An agreement reached between the U.S. and Japan that would discourage financing for coal-fired power plants in developing countries has run into opposition from Australia and Korea ahead of a meeting of the Organisation for Economic Cooperation and Development next week, E&E reports.
A deal restricting financing for overseas coal projects has been hammered out between the U.S. and Japan, E&E reports, although other countries that are part of the Organization for Economic Co-operation and Development have not yet signed on.
Pioneer Natural Resources is the second U.S. firm, after Enterprise Products, to begin exploring how to take advantage of the end of the U.S. oil export ban and could begin shipments by the middle of next year, The Hill reports.
Two competing initiatives designed to give Florida residents a constitutional right to rooftop solar energy are running out of time without enough signatures yet to make next November's ballot, the Naples Daily News reports.
SolarCity CEO Lyndon Rive joined Sen. Charles E. Schumer in Buffalo this week to call the five-year extension of a federal tax subsidy "super important" to the continued growth of the solar power industry, The Buffalo News reports.
Continued concerns about oversupply forced oil prices downward early Wednesday, nearing an 11-year low already reached once this week. London Brent fell 31 cents to $37.05 a barrel while U.S. crude remained unchanged at $37.50, Reuters reports.
A group of researchers at MIT, the University of California-Berkeley, and the University of Colorado have developed a new computer microchip that uses optical technology and creates the potential to make future computer data centers more energy efficient, the journal Science reports.
A Japanese court on Thursday rejected safety concerns and approved letting Kansai Electric Power, the country's second biggest utility, restart four nuclear reactors shuttered since the 2011 Fukushima disaster, Reuters reports.