Tag - energy

 
 

ENERGY

Corporate goods prices rose again in May, signaling stronger inflationary pressure across Japan’s supply chains as the war in Iran keeps energy prices elevated, with input prices up 0.9% from a month earlier, the Bank of Japan said Wednesday.
BUSINESS / Economy
Jun 10, 2026
Japan’s producer prices jump again on elevated energy costs
The measure of input prices for Japanese firms rose 0.9% in May from a month earlier, and April’s increase was revised higher, the Bank of Japan says.
Prime Minister Sanae Takaichi says it is "more convenient to publicly recognize companies that cooperate" with releasing their inventory than to enforce anti-hoarding laws.
JAPAN / Politics
Jun 9, 2026
Takaichi reluctant to resolve naphtha bottleneck by enforcing laws
With naphtha-made products still in short supply, the prime minister’s government is facing questions on using two laws to punish hoarders.
Diet Coke and Coca-Cola cans are for sale in a shop in New Delhi in April.
COMMENTARY / World
Jun 9, 2026
The Iran war is coming for your Diet Coke
Almost every one of those electrical devices, however, depends on the same aluminum that’s disappearing from the refrigerators of Indian supermarkets.
The U.K. is expected to have one of its biggest electricity demand surges at half-time during England and Croatia's World Cup opening game on June 17, as hundreds of thousands of viewers leave their couches and switch on their kettles all at once.
SOCCER / World cup
Jun 8, 2026
England’s World Cup opener is set to cause power spike
One of the biggest surges is expected at half-time, as hundreds of thousands of viewers leave their couches and switch on their kettles all at once.
Prime Minister Sanae Takaichi answers a question during a House of Representatives budget committee session in Tokyo on Thursday.
JAPAN / Politics
Jun 5, 2026
Takaichi still highly popular despite slide in approval ratings
The lower ratings in two of three recent media polls come amid concerns over rising prices and the availability of crude oil-derived naphtha due to the Middle East conflict.
An employee examines a solar panel at a factory in Cape Town.
WORLD
Jun 5, 2026
Green jobs can’t fix South African unemployment, experts say
Nearly one-in-three South Africans are unemployed, according to the latest government figures, and the numbers are rising.
The Kashiwazaki-Kariwa nuclear power plant, one of the world's largest nuclear facilities, stands along the seaside in Kashiwazaki, Niigata Prefecture.
JAPAN
Jun 5, 2026
Japan proposes rebuilding aging nuclear plants to meet power demand
Prime Minister Sanae Takaichi is a strong backer of nuclear power, seeking to ease the bill for imported coal, gas and oil.
A model of a Gazprom LNG carrier at an exhibition in St. Petersburg, Russia, in October.
BUSINESS
Jun 4, 2026
Japan officials met metals and LNG firms in unusual Moscow talks
The talks underscored the importance Tokyo and Moscow place on keeping channels of communication open.
Southwest Airlines jets wait on the tarmac at Denver International Airport.
BUSINESS
Jun 4, 2026
Global airline chiefs to confront Iran war fuel shock at industry summit
The June 6-8 annual meeting of the International Air Transport Association (IATA) is the industry’s biggest summit, bringing together hundreds of top executives.
A crude oil tanker and a bulk carrier anchored off Long Beach, California, last month. Conflict in the Middle East has sparked a global fuel crunch.
BUSINESS
Jun 4, 2026
Oil falls as Israel and Lebanon agree to conditional ceasefire
The oil market’s main focus remains on the Strait of Hormuz, a key waterway through which one-fifth of global crude normally passes.
People eat outside of a small cafeteria while neighbors look out from a balcony, as Cuba's state-run economy has descended into a full-blown crisis after the administration of U.S. President Donald Trump hardened sanctions and cut off the Caribbean nation's oil supply, in Havana on Feb. 21.
WORLD
Jun 3, 2026
How Cubans keep going, despite U.S. pressure and fuel blockade
Despite Trump’s prediction in January that Cuba was “ready to fall” and despite ​rationed power and the decimation of its tourism industry, the government is still in charge.
Keisuke Yokoo, the incoming chairman of Tokyo Electric Power Co., said he is open to forming alliances with firms outside of Japan as the nation’s largest utility seeks to restructure its operations.
BUSINESS / Companies
Jun 2, 2026
Incoming Tepco chair open to alliance partners outside of Japan
Yokoo’s remarks to reporters come as the utility pushes ahead with a business plan unveiled in January.
A storage facility for Inpex's offshore Ichthys project in an industrial park in Darwin, Australia. Ichthys accounts for about 2% of global output and has the capacity to export around 9.3 million tons a year, mainly to Japan.
BUSINESS
Jun 2, 2026
Australian LNG union begins strikes at Tokyo-based Inpex’s Ichthys plant
Ichthys accounts for about 2% of global output for liquefied natural gas and has the capacity to export around 9.3 million tons a year, mainly to Japan.
Prime Minister Sanae Takaichi speaks to reporters after holding telephone talks with Iranian President Masoud Pezeshkian on Monday.
JAPAN
Jun 2, 2026
Iran to work on Japanese ships’ smooth passage through Hormuz
Iranian President Masoud Pezeshkian argued that U.S. maritime restrictions on Tehran remained an obstacle.
Rising global temperatures, worsened by climate change, war, trade disruptions and a looming El Nino, are increasingly threatening global food production.
COMMENTARY / World
Jun 2, 2026
The world’s food supply is under a quadruple attack
Heat makes it much harder to effectively grow crops, raise livestock and harvest fish, as detailed in an extensive new United Nations climate change report.
Japan's trucking industry is looking into introducing fuel surcharges amid uncertainties caused by the Iran war.
BUSINESS / Companies / FOCUS
Jun 1, 2026
Trucking industry eyes fuel surcharges as Iran conflict drives uncertainty
The move comes amid ongoing uncertainty over the long-term impact of the Iran war on crude oil supply.
A poster at a Bic Camera store in Tokyo’s Yurakucho district on May 22 encourages customers to buy air conditioners before prices rise.
BUSINESS / Companies
Jun 1, 2026
Rush to buy air conditioners in Japan before pricier models hit next April
The new models are expected to be pricier to meet the updated energy standards set to kick in next April, with some manufacturers already phasing out their older models.
Japan’s push into space-based solar power could reshape the future of global energy and position the country ahead of the U.S. and China in the next phase of the space race.
COMMENTARY / Japan
May 31, 2026
A space race the Land of the Rising Sun is winning
Japan takes the lead in space-based solar power exploration.
Kazuhiko Shigetoku, Lower House parliamentary affairs chief of the Centrist Reform Alliance (center, left), and Yoshitaka Saito, Upper House parliamentary affairs chief of the Constitutional Democratic Party of Japan (center, right), meet in parliament on Thursday.
JAPAN / Politics
May 30, 2026
Japan ruling and opposition parties at odds over extra budget
The budget committees of both the upper and lower chambers will each spend one day deliberating the extra budget for the fiscal year that started in April.
Some manufacturers are passing on increased costs for packaging materials and energy to consumers amid the uncertain situation in the Middle East.
BUSINESS / Economy
May 29, 2026
Prices for over 1,000 food items in Japan set to rise in June
Seasoning accounted for the largest share of products set to see higher prices, followed by processed food.

Longform

The Terasaka Rice Terraces are seen with Mount Buko in the background.
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