Latest news
Russia and Japan sign a cooperation deal in a LNG project
Russia and Japan have signed an agreement of cooperation to jointly develop a feasibility study for the construction of a liquefied natural gas (LNG) plant near the Russian city of Vladivostok.
read more... 18/01/2011
Japanese giant traders target Russia’s Yamal LNG Project
The Japanese firms, Mitsui and Mitsubishi want to join in the liquefied gas field project on Russia's Yamal Peninsula on the Arctic Ocean. The Yamal Peninsula is situated in the middle of the Russian coast on the Arctic Ocean, a convenient location for exporting liquefied natural gas both to Europe and the Far East.
read more... 11/01/2011
Daily Energy Market Overview, Tuesday, November 30, 2010
Oil dropped on Tuesday, on worries that China may raise interest rates and limit energy demand growth, while a slowdown in Japanese and South Korean factory production added to evidence of a slowdown in Asia.
read more... 30/11/2010
Kazakhstan interested in building a nuclear plant.
Three Japanese companies, Japan Atomic Power Company, Toshiba Corp and Marubeni Corp, announced Wednesday that an agreement has been reached with Kazakhstan administration to provide data and cost estimates for the construction of a nuclear power plant with an advanced boiling water reactor.
read more... 30/09/2010
Euro loses on economic concerns, Yen gains as backup currency
Concerns about European manufacturing drove euro down versus the Japanese yen which gained against almost all currency major currencies. The yen also gained against US dollar, as home sales in USA are showing pessimist data, investors fearing another recession.
read more... 24/06/2010