In a major shift, Japex to prioritise oil and gas investment through 2030
Petrol
TOKYO : Japan Petroleum Exploration (Japex) is prioritising investment in oil and gas exploration and production (E&P) through 2030 - revising an earlier plan to aggressively expand its renewables businesses, its president said. "For now, the investment focus will remain on oil and gas exploration and production... as securing a fair return from renewable energy sources such as offshore wind is challenging due to rising costs," President Michiro Yamashita told Reuters in an interview on
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