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Japan refiners dust off fuel oil supply chains to meet rising utility demand | Hellenic Shipping News Worldwide

Japanese refiners are dusting off unused supply chains for fuel oil and getting coastal vessels and storage tanks ready after receiving requests from electric utilities to supply more fuel oil this winter amid a global crunch for power generation fuels. Japan narrowly averted blackouts last winter as liquefied natural gas (LNG) demand and prices soared . ....

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Japan refiners dust off fuel oil supply chains to meet rising utility demand

Japanese refiners are dusting off unused supply chains for fuel oil and getting coastal vessels and storage tanks ready after receiving requests from electric utilities to supply more fuel oil this winter amid a global crunch for power generation fuels. ....

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U.S. marshals other nations, challenges OPEC+ with release of oil reserves

The administration of U.S. President Joe Biden announced on Tuesday it will release millions of barrels of oil from strategic reserves in coordination with China, India, South Korea, Japan and. ....

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Japan PM confirms oil reserve release in response to U.S. request

TOKYO (Reuters) - Japan's Prime Minister Fumio Kishida said on Wednesday his government would release some oil reserves in response to a U.S. request . ....

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Japan PM confirms oil reserve release in response to U.S. request

Japan's Prime Minister Fumio Kishida said on Wednesday his government would release some oil reserves in response to a U.S. request in a way that does not breach a Japanese law that only allows stock releases if there is a risk of supply disruption. ....

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