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United Kingdom

Yuka Obayashi

Japan utilities expect slow power demand recovery, cautious on outlook

9:04am BST

TOKYO Japanese utilities expect a slow recovery in electric power demand toward March after a 5% drop in the April-June quarter though some are less confident that the worst is over.

Oil edges lower on oversupply concerns as OPEC+ set to raise output

1:13am BST

TOKYO, Aug 3 Oil prices fell on Monday on concerns about oversupply as OPEC and its allies, together known as OPEC+, are due to pull back from production cuts in August while an increase in COVID-19 cases worldwide raised fears of slower pick-up in fuel demand.

Oil prices slip after OPEC, allies agree to loosen oil supply curbs

16 Jul 2020

TOKYO Oil prices slid on Thursday after OPEC and allies such as Russia agreed to ease record supply curbs from August, though the drop was cushioned by hopes for a swift U.S. demand pick-up after a bigger-than-expected drawdown from the country's crude stocks.

Oil prices slip after OPEC, allies agree to loosen oil supply curbs

16 Jul 2020

* OPEC+ grouping set to ease output cuts to 7.7 mln bpd from Aug

Japan third-quarter aluminium premium falls to $79 per tonne as COVID-19 hits demand

10 Jul 2020

TOKYO The premium for aluminium shipments to Japan for July to September was set at $79 per tonne, down 3.7% from the prior quarter as the coronavirus pandemic collapsed manufacturing activity, four sources directly involved in the pricing talks said.

Japan tightens rules on support for overseas coal-fired plants

09 Jul 2020

TOKYO The Japanese government on Thursday said it will tighten state-backed financing criteria for overseas coal-fired power plants after facing criticism over its support for the dirtiest fossil fuel

UPDATE 1-Japan July-Sept crude steel output to drop to 11-yr low on COVID-19 shock

08 Jul 2020

* Exports in July-Sept to hit the lowest since 2009 (Adds details and comments)

UPDATE 1-Some Japanese aluminium buyers agree Q3 premium at $79/T, down 3.7% from Q2-sources

06 Jul 2020

* Other buyers still in talks with producers (Adds details and quotes)

Japan's Chiyoda says hydrogen pilot project begins to fuel power plant

25 Jun 2020

KAWASAKI, Japan Japan's Chiyoda Corp and its partners said on Thursday that their pilot hydrogen project, using imported hydrogen from Brunei, has begun providing clean fuel for the gas turbine power generators of Toa Oil Co in Kawasaki, near Tokyo.

Oil edges lower as U.S. stockpiles grow more than expected

24 Jun 2020

TOKYO, June 24 Oil futures edged lower on Wednesday, extending losses from the previous day, after U.S. crude stockpiles grew more than expected, adding to worries about oversupply, although a fall in gasoline stocks kept the decline in check.

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