The prices for liquefied natural gas shipped to Asia next winter may be the lowest for years, according to a Bloomberg analysis, which cites rising supplies in the region and dropping demand in Japan, which is preparing to restart a number of its nuclear reactors.
TOKYO (AP) — Two Japanese farmers whose livelihoods were wrecked by the 2011 nuclear disaster staged a protest Friday at Tokyo's agriculture ministry, scuffling briefly with police as they unsuccessfully tried to unload a bull from a truck.
Masami Yoshizawa and fellow farmer Naoto Matsumura have remained at their farms to care for their own and others' abandoned livestock in areas where access has been restricted due to radiation fears since the March 2011 meltdowns at the Fukushima Dai-Ichi nuclear plant.
The two drove down from Fukushima, bringing the black bull in the back of a truck, to appeal for help with the livestock, some of which have developed unexplained white spots on their hides.
TOKYO (AP) — A court Wednesday refused to let two nuclear reactors restart operations in western Japan, saying their risk assessment is too optimistic and safety measures insufficient despite lessons from the Fukushima disaster.
The denial by the district court in Japan's nuclear hub of Fukui is the first since the crisis and comes as some Japanese reactors are in the final stages of safety screening before a restart, and plaintiffs and their anti-nuclear supporters say the court ruling could sway local acceptance.
TOKYO (AP) — A former worker is seeking 11 million yen ($110,000) in compensation from the operator of Japan's Fukushima nuclear plant for exposing him to high levels of radiation after the 2011 tsunami.
The worker was part of a team sent to lay electric cables in one of the reactors 13 days after the disaster.
TOKYO (AP) — Experts on Friday expressed skepticism about a plan to build a costly underground frozen wall at Japan's crippled nuclear plant, a development that could delay the start of construction on the project.
The experts and Japanese nuclear regulatory officials said during a meeting in Tokyo that they weren't convinced the project can resolve a serious contaminated water problem at the Fukushima Dai-ichi plant, which suffered multiple meltdowns following the 2011 earthquake and tsunami.
Japan is protesting that limiting ships to 49 meters wide in the expanded Panama Canal would exclude the giant Q-Flex carrier, which would affect possible U.S. LNG export deals, The Wall Street Journal reports
TOKYO (AP) — Japan's trade deficit surged nearly 70 percent to a record 13.75 trillion yen ($134 billion) in the last fiscal year, the third straight year of deficit, as exports failed to keep pace with surging energy costs.
The Finance Ministry reported Monday that exports in the year that ended March 31 rose 10.8 percent over the year before to 70.8 trillion yen ($690.5 billion) while imports climbed 17.3 percent to 84.6 trillion yen ($825 billion).
Preliminary data showed the deficit at 1.45 trillion yen ($14.1 billion) in March, the 21st straight month of shortfall. The annual rate of growth in exports sank to 1.8 percent in March from a peak of 18.6 percent in October, while the growth rate for imports has remained mostly in the double digits.
Looking for other sources of energy in the wake of the Fukushima Dai-ichi nuclear disaster, Japan's Prime Minister Shinzo Abe is recommending expanded coal use, while his energy plan fails to set renewable energy goals, angering some environmentalists, Bloomberg reports.
The power substation in San Jose where a sniper attack last year raised concern about the security of the country’s grid has been breached again, according to Pacific Gas and Electric, which said thieves cut through a fence and stole some equipment, The New York Times reports.
A corn ethanol plant at the Port of Indiana-Mount Vernon, which Valero Energy Corp. bought in March, has restarted, FuelFix reports. It is expected to boost the company’s output to 1.3 billion gallons a year, making Valero the country’s third-largest ethanol producer.
Oil looks set to finish out the week higher in the wake of another positive piece of data on the U.S. economy, news of an unexpected rise in consumer confidence. West Texas Intermediate crude for October delivery was up 66 cents to $95.21 a barrel on the Nymex, while in London Brent crude settled 35 cents higher to $102.81, Bloomberg reports.
Fighting in Tripoli may have been escalating, but in the east of Libya, the key oil port of Es Sider is once again getting a flow of crude from oilfields after exports there resumed last week following a one-year hiatus, an official told The Wall Street Journal.
Sen. Mary Landrieu, D-La., listed her parents’ home in New Orleans as her address in filing last week to qualify for the ballot in Louisiana, prompting some critics to question her residency status, The Washington Post reports.
Clean Air Act violations for the release of phosgene, methyl chloride and oleum at a West Virginia facility between 2006 and 2010 will cost DuPont $1.3 million in fines, the Environmental Protection Agency and the Justice Department said in announcing a settlement, The Hill reports.
A project to build a big $25 billion water tunnel system in Northern California poses water quality problems to the Sacramento-San Joaquin River Delta and a possible threat to smelt and salmon, the Environmental Protection Agency said in a letter accompanying comments posted online, the Los Angeles Times reports.