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Yuka Obayashi

FILE PHOTO: The logos of Nippon Steel Corp. are displayed at the company headquarters in Tokyo, Japan March 18, 2019.   REUTERS/Yuka Obayashi/File Photo
AnalysisBusinessEconomyIndustryInfrastructurePoliticsRegulationsTrade

China exports push Nippon Steel to seek growth in US, India after blocked deal

Nippon Steel eyes U.S. and India for growth, countering China’s exports amid declining domestic demand and blocked U.S. bid.

FILE PHOTO: Nippon Steel logo is displayed at the company's headquarters in Tokyo, Japan April 1, 2024.  REUTERS/Issei Kato/File Photo
BusinessEconomyIndustryInfrastructureNewsPoliticsRegulations

U.S. Steel, Nippon sue Biden administration over decision to block merger

Nippon Steel sues Biden, alleging constitutional violations in $14.9B U.S. Steel deal block over national security claims.

FILE PHOTO: A factory area is seen in front of Mount Fuji in Yokohama, Japan, January 16, 2017. Picture taken on January 16, 2017.  REUTERS/Kim Kyung-Hoon/File Photo
ClimateEmissionsNewsPolitics

Japan aims to cut greenhouse gas emissions 60% by 2035 vs 2013 levels

The proposed target sparked calls for deeper cuts from environmentalists and politicians, who argue it is insufficient for the world's fifth-biggest emitter.

FILE PHOTO: A general view of the liquefied natural gas plant operated by Sakhalin Energy at Prigorodnoye on the Pacific island of Sakhalin, Russia July 15, 2021. Picture taken July 15, 2021.  REUTERS/Vladimir Soldatkin/File Photo
AnalysisBusinessEconomyLiquefied Natural GasPoliticsTrade

Analysis: Rival LNG supplies, Sakhalin’s depleting fields give Japan an exit from Russian gas

Japan eyes LNG shift as Sakhalin-2 deals near expiry, balancing energy security, geopolitics, and the push for renewables.

FILE PHOTO: Nippon Steel logo is displayed at the company's headquarters in Tokyo, Japan April 1, 2024.  REUTERS/Issei Kato/File Photo
BusinessEconomyGreen SteelIndustryInfrastructureManufacturingNewsPoliticsRegulations

Nippon Steel committed to U.S. Steel takeover, aims to close in Dec, says executive

Nippon Steel remains committed to its $15B U.S. Steel acquisition, confident of closing by year-end despite U.S. opposition.

FILE PHOTO: QatarEnergy CEO and Qatar's Minister of Energy Saad al-Kaabi sits during a private interview with Reuters, in Doha, Qatar, November 21, 2022. REUTERS/Imad Creidi/File Photo
AnalysisBusinessEconomyFuelLiquefied Natural GasPoliticsRegulationsTrade

Qatar LNG sales to key Asian markets confronted by US, UAE rivalry

Qatar struggles to secure new LNG deals with Japan and South Korea as competition rises from U.S. suppliers offering flexible terms.

FILE PHOTO: Nippon Steel logo is displayed at the company's headquarters in Tokyo, Japan April 1, 2024.  REUTERS/Issei Kato/File Photo
BusinessEconomyIndustryInfrastructureNewsPolitics

Nippon Steel, US Steel send letter to Biden on merger plans

Nippon Steel and U.S. Steel sent a letter to President Biden defending their planned $15 billion merger amid potential blockage.

FILE PHOTO: The logos of Nippon Steel Corp. are displayed at the company headquarters in Tokyo, Japan March 18, 2019. Picture taken March 18, 2019.  REUTERS/Yuka Obayashi/File Photo
BusinessNewsPoliticsTrade

Nippon Steel, peers urge Tokyo to curb steel imports from China, executive says

Nippon Steel urges Japan to curb Chinese steel imports, as it seeks to close its U.S. Steel acquisition amid rising competition.

FILE PHOTO: Saudi Aramco logo is pictured at the oil facility in Abqaiq, Saudi Arabia October 12, 2019. REUTERS/Maxim Shemetov/File Photo
BusinessNewsOil

Saudi Aramco to buy stake in JV Petro Rabigh from Sumitomo Chem

Investment in Sumitomo Chemical's Petro Rabigh JV hopes to turn around loss-making firm's fortunes.

ElectricityNatural GasNewsUtilities

Japan’s JERA to launch new gas-fired power plant to avoid electricity shortages

Any additional capacity is welcomed now as Japan has been suffering tight power supply during peak summer and winter demand seasons due to...

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