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Aaron Sheldrick

Kansai Electric, Marubeni delay construction of coal-fired power plant

Aug 15 2019

TOKYO, Aug 15 Kansai Electric Power and Marubeni have delayed construction of a 1,300 megawatt coal-fired power plant in northern Japan clouding the station's future, amid a shift away from the most polluting fossil fuel.

RPT-Japan LNG buyers talk tough as spot prices drop to 3-year lows

Aug 07 2019

* Interactive graphic on import costs: https://tmsnrt.rs/2YzzQYa

Japan LNG buyers talk tough as spot prices drop to 3-year lows

Aug 07 2019

TOKYO/SINGAPORE An inexorable decline in spot market prices for liquefied natural gas (LNG) is pushing utilities in Japan to be more aggressive in price reviews built into traditional long-term contracts linked to oil prices, lawyers and analysts said.

CORRECTED-UPDATE 1-Oil prices rebound after Trump trade tariffs trigger plunge

Aug 01 2019

* Interactive graphic on daily price moves: https://tmsnrt.rs/2yxypOy

UPDATE 2-Oil slips 1% after Fed signals no more rate cuts, U.S. output gains

Aug 01 2019

* Market well supplied, while demand uncertain (Adds graphic, updates prices)

Oil drops as Fed signals rate cuts may be limited

Jul 31 2019

TOKYO, Aug 1 Oil prices fell more than $1 on Thursday, declining for the first time in six days, after the U.S. Federal Reserve dampened hopes for a string of rate cuts and Sino-U.S. trade talks ended without progress.

Oil prices rise for fifth day after U.S. stocks decline

Jul 30 2019

TOKYO, July 31 Oil prices rose for a fifth day on Wednesday, buoyed by a bigger than expected drop in U.S. inventories and as investors awaited a widely expected cut in interest rates by the Federal Reserve, the first in more than 10 years.

Japan's Tepco to decommission second Fukushima nuclear station

Jul 24 2019

TOKYO Tokyo Electric Power said on Wednesday it plans to decommission its Fukushima Daini nuclear station, located a few miles south of the bigger Fukushima Daiichi plant where three reactors melted down after an earthquake and tsunami in 2011.

JXTG says to shut Osaka refinery venture with PetroChina as demand falls

Jul 23 2019

TOKYO JXTG Holdings, Japan's biggest oil refiner, said on Tuesday it plans to close a 115,000 barrel per day (bpd) Osaka refinery that it owns with PetroChina next year, amid falling demand for crude products in Japan.

CORRECTED-UPDATE 1-Oil prices gain, U.S. crude little changed after inventory data

Jul 17 2019

TOKYO, July 17 Oil prices rose on Wednesday after steep falls in the previous session, although U.S. crude trailed gains for international benchmark Brent after U.S. crude inventories fell less than expected.

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