SCO & BRICS latest news and insights
By Rhod Mackenzie
The Sakhalin-1 and Sakhalin-2 projects are significant for the Japanese energy sector, and the government intends to continue participating in them. This information is based on the Japanese Foreign Ministry's annual diplomatic report, known as the 'Blue Book'.
Regarding oil an...
By Rhod Mackenzie
Japan's GDP fell by 0.4% in Q4 of last year, contrary to the 1.4% growth forecasted by economists polled by Reuters. The data update reveals that the GDP of Japan decreased by 3.3% in annual terms in Q3 of 2023, indicating a technical recession on the Japanese Islands. In the thi...
By Rhod Mackenzie
China's decision to enforce export controls on specific sensitive graphite items has alerted officials and companies in the West, particularly in countries such as the United States and Japan, who are trying to assess the potential impact. The regulatory measures will take effect...
By Rhod Mackenzie
Washington's sanctions on Arctic LNG 2 will have an impact on business in Japan. Therefore, Yasutoshi Nishimura, Japan's Minister of Economy, Trade and Industry, stated that Tokyo will complete a comprehensive evaluation and plan a response to avoid jeopardising the country's sta...
By Rhod Mackenzie
One of the largest trading firms in Japan, which also deals in energy resources, opines that natural gas in general and liquefied natural gas (LNG) in particular will not be sufficient for the transition from fossil fuels to renewable energy sources, due to its high demand.
"Th...
