Japan’s booming resale of Australian LNG is sparking worries among local gas consumers. The Institute for Energy Economics and Financial Analysis has pointed out a troubling trend: the widening gap between soaring export profits and the rising costs of energy at home.
Japan’s energy landscape is experiencing a remarkable transformation as the government re-evaluates its dependence on fossil fuels and actively pursues greater investments in renewable energy sources. This bold shift not only aims to enhance energy security but also tackles the pressing challenges of climate change head-on.
In March, leading global energy companies ramped up production from Brazil’s offshore fields, marking a vibrant resurgence in the sector. This surge not only reflects the escalating demand for oil and gas but also highlights Brazil’s pivotal role in the ever-evolving global energy arena.
