Typhoon Khanun pounded Japan's southwestern Okinawa and Kagoshima prefectures with heavy rain and gusty winds for a second straight day on Thursday, leaving two dead and moving so slowly its damaging impact could be prolonged.
The industry ministry said Friday it ordered four major Japanese utility groups to improve their operations after they were found to have formed electricity sales cartels.
The industry ministry monitoring committee on gas and electricity businesses concluded that their actions hinder liberalization of the electricity market and the development of the sector.
The industry ministry said Friday it ordered four major Japanese utility groups to improve their operations after they were found to have formed electricity sales cartels. Kansai Electric Power Co, Chugoku Electric Power Co, a sales unit of Chubu Electric Power Co, Kyushu Electric Power Co and its sales unit…
After tracking downwards for months, LNG prices have rebounded with some traders and oil majors purchasing LNG in Asia, making the market more attractive for those with LNG from the US.