Latest news with #Kyushu
CNA
2 days ago
- Entertainment
- CNA
Japan Hour - Gaia Series 89: Upheaval! Eating Out Survival
42:04 Min This week's episode sees Kyushu-based Sukesan Udon launch in Tokyo, blending tradition and strategy to shake up the Japanese capital's noodle scene. About the show: Spring in Japan (Mar - May) Spring season in Japan is characterized not just by the cherry blossoms, seasonal food and traditional and modern festivals and events, but also by the exceptional beauty that engulfs the land, during the time. From flower festivals to fruit picking, lively traditional parades and picnics, there's plenty of seasonal fun, for anyone in Japan, during the spring season!
Japan Times
3 days ago
- Business
- Japan Times
Nippon Steel plans $6 billion investment in its Japanese mills
Nippon Steel, the Japanese company embroiled in a lengthy battle to buy U.S. Steel, said it plans to spend ¥869 billion ($6 billion) at home to expand output from cleaner furnaces. The investments in electric arc furnaces — which use scrap metal as a raw material — will be spread across three of the steelmakers' mills, and as much as 29% of the funding will come from the government, Nippon Steel said in a statement. The spending in Japan comes at a critical juncture for the firm's 17-month push to acquire the American steelmaker, with U.S. President Donald Trump poised to speak about the deal during a visit to a U.S. Steel plant later on Friday. While Trump offered his backing for the acquisition last week, key details about the final structure and conditions of any deal remained unclear. The president said there would be a "partnership' that would invest $14 billion in U.S. steelmaking. Nippon Steel said it would build a new electric arc furnace at its Kyushu works, while expanding and restarting capacity at two other sites. Total capacity from the new investments would be 2.9 million metric tons a year, it said. Steelmakers worldwide are trying to pivot to less carbon-intensive production methods — including electric arc furnaces — sometimes with support from governments that are pushing to decarbonize heavy industries.
Business Wire
4 days ago
- Business
- Business Wire
Energy Transfer Signs Agreement to Supply Kyushu Electric Power Company Up to 1 Million Tonnes of LNG Per Annum From Its Lake Charles LNG Export Facility
DALLAS--(BUSINESS WIRE)-- Energy Transfer LP (NYSE: ET) today announced its subsidiary, Energy Transfer LNG Export, LLC (Energy Transfer LNG), has entered into a 20-year LNG Sale and Purchase Agreement (SPA) with Kyushu Electric Power Company, Inc. (Kyushu) related to its Lake Charles LNG project. This follows Energy Transfer's recent announcement of a Heads of Agreement (HOA) with MidOcean Energy for approximately 5.0 million tonnes per annum (mtpa) of LNG production from Lake Charles LNG. Energy Transfer LNG also recently signed a SPA with an international energy company for 1.0 mtpa of LNG and an HOA with a German energy company for 1.0 mtpa of LNG. Under the SPA with Kyushu, Energy Transfer LNG will supply up to 1.0 mtpa of LNG. The LNG will be supplied on a free-on-board (FOB) basis, and the purchase price will consist of a fixed liquefaction charge and a gas supply component indexed to the Henry Hub benchmark. The obligations of Energy Transfer LNG under the SPA are subject to Energy Transfer LNG taking a positive final investment decision (FID) on the Lake Charles LNG project and satisfying other conditions precedent. "We are proud to be selected as an LNG supplier by Kyushu, one of Japan's leading energy companies," said Tom Mason, President of Energy Transfer LNG. "Kyushu has been supportive of Lake Charles LNG for a long time and we appreciate their loyalty. We are also pleased that Lake Charles LNG continues to make strong strides toward full commercialization." The agreement marks Kyushu's first long-term LNG procurement contract from the U.S. and will further diversify its procurement sources and enhance the stability of its LNG supply. If Energy Transfer LNG reaches a positive FID, the Lake Charles LNG export facility would be constructed on the existing brownfield regasification facility site and will capitalize on Energy Transfer's four existing LNG storage tanks, two deep water berths and other LNG infrastructure. Lake Charles LNG would also benefit from its direct connection to Energy Transfer's existing Trunkline natural gas pipeline system, which in turn provides connections to multiple intrastate and interstate pipelines. These pipelines allow access to multiple natural gas producing basins, including the Haynesville, the Permian and the Marcellus Shale. Energy Transfer is one of the largest and most diversified midstream energy companies in North America, with a strategic footprint in all of the major U.S. production basins. About Energy Transfer Energy Transfer LP (NYSE: ET) owns and operates one of the largest and most diversified portfolios of energy assets in the United States, with more than 130,000 miles of pipeline and associated energy infrastructure. Energy Transfer's strategic network spans 44 states with assets in all of the major U.S. production basins. Energy Transfer is a publicly traded limited partnership with core operations that include complementary natural gas midstream, intrastate and interstate transportation and storage assets; crude oil, natural gas liquids ('NGL') and refined product transportation and terminalling assets; and NGL fractionation. Energy Transfer also owns Lake Charles LNG Company, as well as the general partner interests, the incentive distribution rights and approximately 21% of the outstanding common units of Sunoco LP (NYSE: SUN), and the general partner interests and approximately 39% of the outstanding common units of USA Compression Partners, LP (NYSE: USAC). For more information, visit the Energy Transfer LP website at Forward Looking Statements This news release may include certain statements concerning expectations for the future that are forward-looking statements as defined by federal law. Such forward-looking statements are subject to a variety of known and unknown risks, uncertainties, and other factors that are difficult to predict and many of which are beyond management's control, including (i) Energy Transfer's ultimate financial investment decision with respect to the Lake Charles LNG facility, (ii) whether Lake Charles LNG Export Company, LLC will receive certain regulatory approvals, (iii) Lake Charles LNG's ability to secure long-term contractual arrangements for the remaining volume of offtake of LNG which in turn will be dependent upon supply and demand factors affecting the price of LNG in foreign markets, and (iv) the financial viability of the LNG export project, which is dependent upon a number of other factors. An extensive list of additional factors that can affect the LNG export project and Energy Transfer's future results are discussed in the Energy Transfer's Annual Report on Form 10-K and other documents filed from time to time with the Securities and Exchange Commission. The Partnership undertakes no obligation to update or revise any forward-looking statement to reflect new information or events. The information contained in this press release is available on our website at
Yahoo
4 days ago
- Business
- Yahoo
Energy Transfer Signs Agreement to Supply Kyushu Electric Power Company Up to 1 Million Tonnes of LNG Per Annum From Its Lake Charles LNG Export Facility
Kyushu's First-ever LNG Procurement Contract from the U.S. DALLAS, May 29, 2025--(BUSINESS WIRE)--Energy Transfer LP (NYSE: ET) today announced its subsidiary, Energy Transfer LNG Export, LLC (Energy Transfer LNG), has entered into a 20-year LNG Sale and Purchase Agreement (SPA) with Kyushu Electric Power Company, Inc. (Kyushu) related to its Lake Charles LNG project. This follows Energy Transfer's recent announcement of a Heads of Agreement (HOA) with MidOcean Energy for approximately 5.0 million tonnes per annum (mtpa) of LNG production from Lake Charles LNG. Energy Transfer LNG also recently signed a SPA with an international energy company for 1.0 mtpa of LNG and an HOA with a German energy company for 1.0 mtpa of LNG. Under the SPA with Kyushu, Energy Transfer LNG will supply up to 1.0 mtpa of LNG. The LNG will be supplied on a free-on-board (FOB) basis, and the purchase price will consist of a fixed liquefaction charge and a gas supply component indexed to the Henry Hub benchmark. The obligations of Energy Transfer LNG under the SPA are subject to Energy Transfer LNG taking a positive final investment decision (FID) on the Lake Charles LNG project and satisfying other conditions precedent. "We are proud to be selected as an LNG supplier by Kyushu, one of Japan's leading energy companies," said Tom Mason, President of Energy Transfer LNG. "Kyushu has been supportive of Lake Charles LNG for a long time and we appreciate their loyalty. We are also pleased that Lake Charles LNG continues to make strong strides toward full commercialization." The agreement marks Kyushu's first long-term LNG procurement contract from the U.S. and will further diversify its procurement sources and enhance the stability of its LNG supply. If Energy Transfer LNG reaches a positive FID, the Lake Charles LNG export facility would be constructed on the existing brownfield regasification facility site and will capitalize on Energy Transfer's four existing LNG storage tanks, two deep water berths and other LNG infrastructure. Lake Charles LNG would also benefit from its direct connection to Energy Transfer's existing Trunkline natural gas pipeline system, which in turn provides connections to multiple intrastate and interstate pipelines. These pipelines allow access to multiple natural gas producing basins, including the Haynesville, the Permian and the Marcellus Shale. Energy Transfer is one of the largest and most diversified midstream energy companies in North America, with a strategic footprint in all of the major U.S. production basins. About Energy Transfer Energy Transfer LP (NYSE: ET) owns and operates one of the largest and most diversified portfolios of energy assets in the United States, with more than 130,000 miles of pipeline and associated energy infrastructure. Energy Transfer's strategic network spans 44 states with assets in all of the major U.S. production basins. Energy Transfer is a publicly traded limited partnership with core operations that include complementary natural gas midstream, intrastate and interstate transportation and storage assets; crude oil, natural gas liquids ("NGL") and refined product transportation and terminalling assets; and NGL fractionation. Energy Transfer also owns Lake Charles LNG Company, as well as the general partner interests, the incentive distribution rights and approximately 21% of the outstanding common units of Sunoco LP (NYSE: SUN), and the general partner interests and approximately 39% of the outstanding common units of USA Compression Partners, LP (NYSE: USAC). For more information, visit the Energy Transfer LP website at Forward Looking Statements This news release may include certain statements concerning expectations for the future that are forward-looking statements as defined by federal law. Such forward-looking statements are subject to a variety of known and unknown risks, uncertainties, and other factors that are difficult to predict and many of which are beyond management's control, including (i) Energy Transfer's ultimate financial investment decision with respect to the Lake Charles LNG facility, (ii) whether Lake Charles LNG Export Company, LLC will receive certain regulatory approvals, (iii) Lake Charles LNG's ability to secure long-term contractual arrangements for the remaining volume of offtake of LNG which in turn will be dependent upon supply and demand factors affecting the price of LNG in foreign markets, and (iv) the financial viability of the LNG export project, which is dependent upon a number of other factors. An extensive list of additional factors that can affect the LNG export project and Energy Transfer's future results are discussed in the Energy Transfer's Annual Report on Form 10-K and other documents filed from time to time with the Securities and Exchange Commission. The Partnership undertakes no obligation to update or revise any forward-looking statement to reflect new information or events. The information contained in this press release is available on our website at View source version on Contacts Media Relations Vicki Granado or Jeff Tieszen214-840-5820media@ Investor Relations Bill Baerg, Brent Ratliff or Lyndsay Hannah214-981-0795 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
Japan Times
17-05-2025
- Climate
- Japan Times
Japan's rainy season begins in southern Kyushu
Japan's rainy season appears to have begun in the southern part of the Kyushu region, the Meteorological Agency announced Friday. This is the first time since statistics began in 1951 that southern Kyushu has entered the rainy season earlier than any other region in Japan. The start of the rainy season in the region also comes 14 days earlier than usual, and 23 days earlier than last year. The announcement was based on preliminary results that may be corrected in definitive statistics to be released in early September. Rainy season usually arrives earlier in Okinawa, the southernmost prefecture, and the Amami region, an island group belonging to the southwestern prefecture of Kagoshima. This year, however, the Pacific high pressure system extends widely, making the seasonal rain front come on the northern side. The season may be advancing faster, due to westerlies over Japan running more northward than in an average year, according to the agency.
