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Daily: Crude oil prices plunge for the fourth consecutive month
Crude oil prices continued to drop for the fourth consecutive month on Friday, dragged down by another round of monetary stimulus from Japan pushed up the U.S. dollar and hammered a crude market already oversupplied. Brent and U.S. crude tumbled by nearly a dollar to post both the steepest monthly fall since May 2012. Brent crude for December delivery fell 38 cents for the day to settle at $85.86, consolidating a monthly loss of 9 percent. WTI crude declined 58 cents to close at $80.54 per barrel, recording a loss of 11.6 percent this month.
read more... 03/11/2014
Russia suggests constructing natural gas pipeline to Japan
Russia has suggested to Tokyo constructing a natural gas pipeline linking fields in its far east with northern Japan, as published in the Nikkei newspaper on Wednesday.
read more... 15/10/2014
Croatia: Japan’s Marubeni chosen for the construction of a new thermal plant
Croatia's state power board Hrvatska Elektroprivreda (HEP) declared it had designated Japan's Marubeni as number one bidder for the construction of a coal-fired thermal power plant with a capacity of 500 megawatts, which will be located on the northern Adriatic.
read more... 03/09/2014
Japan to fund coal-fired power plants worldwide
The Japanese government has unveiled its support for the development of coal-fired power worldwide, by providing an annual investment of $4 billion. The move is neglecting calls from the Obama administration and global environmental groups to reduce public funding for carbon-intensive coal.
read more... 24/07/2014
GDF Suez and Toshiba to go forward with Europe’s major nuclear power project in UK
France's GDF Suez and Japan's Toshiba will proceed with plans to expand Europe's largest nuclear power project in northwest England, after finalizing the transaction, according to their joint venture on Monday.
read more... 01/07/2014