Japan Petroleum Exploration reports solid earnings from assets such as LNG import terminals and Iraqi oil
Japan Petroleum Exploration Co. (Japex), the LNG importer involved in domestic Japanese oil and gas projects and with stakes overseas in nations such as Iraq, Indonesia and the UK, reported a drop in profits as global prices weakened.
Japan Petroleum Exploration plans $500M US shale investments while boosting Asian and domestic LNG
Japan Petroleum Exploration (Japex), which operates the main LNG import terminal in Japan’s Fukushima Prefecture and has a stake in an LNG receiving terminal in the Vietnamese port city of Haiphong, said it was also planning to expand its shale oil and gas interests in the US.
Japex takes US$400M hit to exit Canadian shale-gas project previously part of Petronas LNG venture
Japan Petroleum Exploration Co., the oil and gas operator with liquefied natural gas import terminal and Japanese pipelines assets, has agreed to cut losses and sell its stake to Malaysia’s Petronas in the Canadian North Montney shale-gas joint venture.
