Tepco has suffered with nuclear plant shutdowns and multi-billion dollar losses in recent years. (Tepco)

Upstream

Japan’s ‘third arrow’ will split utilities

Japan’s three-pronged approach to energy market reform is making progress with the approval of bills to unbundle the country’s transmission and distribution networks.

Latest News & Features

Approximately 20% of the Greater Sunrise fields lie in a joint development area between East Timor and Australia.

Upstream

East Timor ready to buy Sunrise stake to keep it onshore

The Timorese government has offered to buy Woodside Energy’s stake in the Greater Sunrise fields to make sure an LNG plant is built onshore.

The UK's Llyn and Inner Dowsing wind farm. Along with France and the Netherlands, the UK is likely to fall short of its 2020 renewable targets. (Centrica)

Environment

EU countries fall behind 2020 renewables targets

The UK, France and the Netherlands are still a long way from meeting their 2020 renewables obligations, and it is unclear if new national subsidy regimes will spur enough investment.

The Discoverer Americas at work for Statoil offshore Tanzania. (Paul Joynson-Hicks/AP/Statoil)

Upstream

Tanzania PSAs to be public, but not renegotiated

Dodoma will make details of all 26 PSAs it has signed with oil companies publicly available. But it looks increasingly unlikely they will be opened up for adjustments – much to the relief of IOCs.

Analysts were in general agreement the price convergence would benefit distributors. (Shenzhen Gas)

Markets

China distributors hail impact of gas price merger

Some of China’s largest city gas distributors are confident that last month’s gas price convergence announcement represents a turning point in domestic gas pricing reform.