Latest news with #JapanEnergySummit&Exhibition
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Business Standard
11 hours ago
- Business
- Business Standard
Shell CEO warns of 'huge impact' on trade if Strait of Hormuz blocked
By Stephen Stapczynski and Shery Ahn Shell Plc, one of the biggest traders of oil and natural gas, has contingency plans in case the conflict between Israel and Iran disrupts flows from the region, warning that a potential blockage of the Strait of Hormuz could deliver a substantial shock. 'If that artery is blocked, for whatever reason, it has a huge impact on global trade,' Chief Executive Officer Wael Sawan said at the Japan Energy Summit & Exhibition in Tokyo. 'We have plans in the eventuality that things deteriorate.' The global energy market has been transfixed by the conflict between Israel and Iran, including the possibility the US may decide to join the assault. So far, while crude has spiked due to the tensions, there's been no major interruption to flows of energy, although traders are on high alert for the possibility. About a quarter of the world's oil trade passes through the Strait of Hormuz, which links the Persian Gulf to the Indian Ocean. In the past, Iran has targeted ships traversing the chokepoint, and has threatened to block the waterway. In recent days, ships' signals have been jammed. 'What is particularly challenging right now is some of the jamming that's happening,' said Sawan, referring to the interference in navigation signals in and around the Persian Gulf. Shell is 'being very careful' with shipping in the Middle East due to the conflict, he said. In recent days, Qatar asked tankers to wait outside the strait until they're ready to load, while Japanese shipper Nippon Yusen KK instructed its vessels to maintain a safe distance from the shore while navigating Iranian waters.
Yahoo
13 hours ago
- Business
- Yahoo
Shell CEO Warns of ‘Huge Impact' If Strait of Hormuz Blocked
(Bloomberg) -- Shell Plc, one of the biggest traders of oil and natural gas, has contingency plans in case the conflict between Israel and Iran disrupts flows from the region, warning that a potential blockage of the Strait of Hormuz could deliver a substantial shock. Security Concerns Hit Some of the World's 'Most Livable Cities' JFK AirTrain Cuts Fares 50% This Summer to Lure Riders Off Roads Taser-Maker Axon Triggers a NIMBY Backlash in its Hometown How E-Scooters Conquered (Most of) Europe NYC Congestion Toll Cuts Manhattan Gridlock by 25%, RPA Reports 'If that artery is blocked, for whatever reason, it has a huge impact on global trade,' Chief Executive Officer Wael Sawan said at the Japan Energy Summit & Exhibition in Tokyo. 'We have plans in the eventuality that things deteriorate.' The global energy market has been transfixed by the conflict between Israel and Iran, including the possibility the US may decide to join the assault. So far, while crude has spiked due to the tensions, there's been no major interruption to flows of energy, although traders are on high alert for the possibility. About a quarter of the world's oil trade passes through the Strait of Hormuz, which links the Persian Gulf to the Indian Ocean. In the past, Iran has targeted ships traversing the chokepoint, and has threatened to block the waterway. In recent days, ships' signals have been jammed. 'What is particularly challenging right now is some of the jamming that's happening,' said Sawan, referring to the interference in navigation signals in and around the Persian Gulf. Shell is 'being very careful' with shipping in the Middle East due to the conflict, he said. In recent days, Qatar asked tankers to wait outside the strait until they're ready to load, while Japanese shipper Nippon Yusen KK instructed its vessels to maintain a safe distance from the shore while navigating Iranian waters. (Updates to add detail in third, fourth paragraphs) Ken Griffin on Trump, Harvard and Why Novice Investors Won't Beat the Pros Is Mark Cuban the Loudmouth Billionaire that Democrats Need for 2028? The US Has More Copper Than China But No Way to Refine All of It How a Tiny Middleman Could Access Two-Factor Login Codes From Tech Giants Can 'MAMUWT' Be to Musk What 'TACO' Is to Trump? ©2025 Bloomberg L.P. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Malaysian Reserve
2 days ago
- Business
- Malaysian Reserve
WITH JERA'S NEW LNG AGREEMENTS, ALL EYES TURN TO TOKYO AS JAPAN ENERGY SUMMIT & EXHIBITION 2025 APPROACHES
TOKYO, June 17, 2025 /PRNewswire/ — Just days after JERA, Japan's largest power utility, announced landmark agreements to secure up to 5.5 million tonnes of U.S. LNG annually over 20 years, attention now turns to Tokyo where the global energy community will converge for the Japan Energy Summit & Exhibition 2025, taking place 18 – 20 June at Tokyo Big Sight, organised by dmg events. The timing could not be more critical. With energy security and diversification top of mind, JERA's announcement exemplifies the type of leadership and investment that will dominate discussions throughout the three-day international summit. JERA's Global CEO and Chair, Mr. Yukio Kani, and Japan's Ministry of Economy, Trade and Industry (METI) will both address these developments live at the events' Opening Ceremony on 18 June at 10:00. Their remarks will underscore the strategic relevance of long-term LNG supply agreements, and the indispensable role LNG continues to play in Japan's energy resilience. In a show of institutional alignment, the 14th LNG Producer-Consumer Conference, co-hosted by METI and the International Energy Agency (IEA), will be co-located with the Japan Energy Summit & Exhibition on 20 June for the first time, reinforcing the event's growing prominence as a market-moving platform. The exhibition floor will feature major players including JERA, Tokyo Gas, Chevron, Aramco, Cheniere, JOGMEC and TotalEnergies. Attendees can explore market-ready solutions spanning LNG, ammonia, hydrogen, AI-driven optimisation, renewables, and next-generation infrastructure. JERA will host daily live knowledge-sharing sessions at their booth, offering insights into their Digital Power Plant initiative and AI-enabled operations. Beyond the exhibition, the Strategic Summit will feature a powerhouse line-up of speakers, including Wael Sawan, CEO of Shell; Sanjiv Lamba, CEO of Linde; and Patrick Pouyanné, Chairman and CEO of TotalEnergies. Discussions will centre on energy diversification, LNG certification, Scope 3 decarbonisation, and the role of clean fuels in industrial growth. The Climatetech Theatre will offer free-to-attend sessions each afternoon, including the highly anticipated panel on fusion energy innovation and the final pitch round of the Energy Innovators Challenge, spotlighting next-generation startups and ideas. Side events, such as the Women in Energy Networking Reception, Future Leaders Breakfast, and a Private Networking event hosted by the Australian Trade and Investment Commission (Austrade), round out a packed programme of strategic engagements. MEDIA CONTACT: Natalie Gurney | nataliegurney@ | +971 56 433 2480Diana Peter | | +65 8498 9424
Yahoo
29-05-2025
- Business
- Yahoo
Japan Energy Summit & Exhibition announced in collaboration with the LNG Producer Consumer Conference (LNG PCC) 2025 on 20 June 2025
Japan's Ministry of Economy, Trade and Industry (METI), in cooperation with the International Energy Agency (IEA), and in collaboration with Japan Energy Summit & Exhibition, will host the "LNG Producer Consumer Conference (LNGPCC) 2025" on 20 June 2025 at Tokyo Big Sight, East Hall 7. The LNGPCC 2025 will be co-located with the third day of the Japan Energy Summit & Exhibition 2025, as a platform to enhance cooperation between LNG producers and consumers. The co-location will facilitate deeper collaboration among LNG-producing and -consuming countries, global energy companies, and policymakers on the future of LNG markets, policy frameworks, and investment strategies. KUALA LUMPUR, Malaysia, May 29, 2025 /PRNewswire/ -- The Ministry of Economy, Trade and Industry (METI), in cooperation with the International Energy Agency (IEA), has confirmed that the LNG PCC 2025 will be held on 20 June, in collaboration with the Japan Energy Summit & Exhibition, organised by dmg events. The LNG PCC 2025 will take place on the final day of the three-day Japan Energy Summit & Exhibition (18–20 June) at Tokyo Big Sight, East Hall 7. The LNG PCC was launched in 2012 as a platform to enhance cooperation between LNG producers and consumers. It serves as a platform for both sectors to discuss and set the direction for future natural gas and LNG initiatives. Christopher Hudson, President, dmg events, added: "The collaboration of LNG PCC with the Japan Energy Summit & Exhibition provides an exceptional platform for high-level dialogue and investment mobilisation. This collaboration will deepen global cooperation to ensure LNG remains a competitive, secure, and cleaner energy source supporting the world's economic growth." Bringing together LNG ministers, corporate executives, energy buyers, traders, and infrastructure leaders, this co-location strengthens Japan's position as a central hub for LNG trade and dialogue. LNG PCC 2025 is open exclusively to invited stakeholders. Please refer the website for the further detail. To participate in Japan Energy Summit & Exhibition and explore the full programme, including the Strategic Summit, Technical Conference, and exhibitor list, register at Contact: Natalie Gurney, Marketing Director – dmg events: Nataliegurney@ | +971 4 445 3754 Luke Hill, Head of Content – dmg events: lukehill@ | +65 9457 2201 View original content to download multimedia: SOURCE dmg events Asia Pacific Pte Ltd Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Korea Herald
10-04-2025
- Business
- Korea Herald
Global strategic speakers confirmed to accelerate energy transformation at Japan Energy Summit & Exhibition 2025
SEOUL, South Korea, April 10, 2025 /PRNewswire/ -- From 18 to 20 June 2025, the Japan Energy Summit & Exhibition, organised by dmg events Asia Pacific Pte Ltd, will return to Tokyo Big Sight, convening global energy leaders, influential policymakers, and industry executives to advance Japan's energy transition, investment landscape, and strategic role in the global energy system. Co-hosted by JERA and Tokyo Gas, this high-level platform will once again provide critical insight into the country's evolving energy strategy under the Seventh Strategic Energy Plan. Held amid rising global energy demand, increasing geopolitical complexity and intensifying decarbonisation targets, Japan's flagship energy platform will address the dual imperatives of energy security and sustainability. This year's Summit will provide a critical forum to examine solutions that advance clean energy adoption, enable resilient infrastructure, and foster international cooperation. Confirmed global speakers include: In addition to Government officials from METI, MLIT, and Thailand's Energy Regulatory Commission. For the full list: Running in parallel, the Technical Conference will convene engineers, project developers, and R&D leaders to present practical solutions on wide-ranging topics including; grid digitalisation, battery technologies, carbon capture and storage, and next-generation nuclear systems. While the content stages bring together industry leaders, policymakers, technical experts, and innovators for high-level dialogue, the exhibition is where strategy is translated into implementation. Serving as a dynamic international platform, it showcases the technologies, infrastructure, and services critical to delivering Japan's energy transformation. With participation from leading companies including Aramco Gas, ADNOC, Chevron, JOGMEC, JERA, Tokyo Gas, Engie, Ebara Corporation, Kraken Technologies and Cheniere, the exhibition floor will highlight market-ready innovations across LNG infrastructure, hydrogen and ammonia deployment, renewable systems, carbon management, and digital solutions, reinforcing Japan's position at the forefront of energy security, decarbonisation, and clean technology investment.
