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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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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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Japan's Eneos, Sojitz to build 204 MW solar farm in Australia

Japan's biggest oil refiner Eneos Holdings and trading house Sojitz Corp said on Thursday they will build a 204 megawatts (MW) solar power farm in Queensland, Australia. ....

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Japan refiners to sell assets, rush reform as pandemic dents demand

EnergyJapan refiners to sell assets, rush reform as pandemic dents demand
Yuka Obayashi
4 minute read
JX Nippon Oil & Energy Corp s refinery is pictured in Yokohama, Japan February 7, 2017. REUTERS/Kim Kyung-Hoon
Japanese refiners plan to sell assets and speed structural reform and overseas expansion as fuel demand is expected to fall at a faster pace due to a prolonged impact from the COVID-19 pandemic and an accelerating global decarbonisation trend.
The dual headwinds of the pandemic and stronger pressure to cut carbon dioxide have forced Japan s top refiner Eneos Holdings (5020.T) and second-ranked Idemitsu Kosan (5019.T) to downgrade their profit goals for the three years to March 2023. ....

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