Bloomberg Japan’s plans to develop its renewable energy industry are lagging much of the world, as the nation has “prioritised keeping the status quo for fear of change,” Foreign Minister Taro Kono said. Japan wants renewable energy to account for 22 percent to 24 percent of its overall energy mix by 2030, while the global average today is already 24 ...

SINGAPORE / Reuters Singapore posted record sales volumes of marine fuels for the third straight year in 2017, even as the city state reva-mped the market last year leading to stiff competition and margin erosion. Singapore last year sold an all-time high 50.6 million tonnes of marine fuels, a 4.2 percent increase over the 48.6 million tonnes sold in 2016, ...

Bloomberg Morocco, which depends on imports for almost all of its energy needs, will soon tender for companies to build a $4.6 billion natural gas project, Energy Minister Aziz Rabbah said. The project will process gas for power and provide gas to industry, Rabbah said on Sunday in an interview in Abu Dhabi. With the financial and technical consultants chosen, ...