• 3 minutes Is Pete Buttigieg emerging as the most likely challenger to Trump?
  • 5 minutes CoV-19: China, WHO, myth vs fact
  • 8 minutes Question: Why are oil futures so low through 2020?
  • 11 minutes Don't sneeze. Coronavirus is a threat to oil markets and global economies
  • 8 hours “The era of cheap & abundant energy is long gone. Money supply & debt have grown faster than real economy. Debt saturation is now a real risk, requiring a global scale reset.”"We are now in new era of expensive unconventional energy
  • 20 mins Question - What if there are no buyers for Chevron's Appalachia Assets?
  • 9 hours Energy from thin air?
  • 20 mins Blowout videos
  • 14 hours OIL trades as if the virus is a 1 quarter event. As if it's Containable, Reversible and Temporary. Is it ?
  • 1 day Hey NYC - Mayor De Blasio declares you must say goodbye to fossil fuels. Get ready to freeze your Virtue Signaling butts off.
  • 3 hours Can LNG Kill Oil?
  • 1 day Fast-charging, long-running, bendy energy storage breakthrough
  • 1 day Foxconn cancelled the reopening of their mfg plants scheduled for tomorrow. Rescheduled to March 3rd. . . . if they're lucky.
  • 2 days "For the Public's Interest"
  • 16 hours Coronovairus, Phase One Agreement, Lower for Longer
  • 2 days Cheap natural gas is making it very hard to go green
The Next Renewable Energy Source Could Be Rain

The Next Renewable Energy Source Could Be Rain

The search for next great…

Canada Rocked By Anti-Pipeline Protests

Canada Rocked By Anti-Pipeline Protests

Protests against Canada’s new Coastal…

Japan Begins to Extract Natural Gas from Offshore Methane Hydrates

Japan Begins to Extract Natural Gas from Offshore Methane Hydrates

Japan has announced what it believes to be a world first, the production of natural gas from offshore methane hydrate deposits.

Methane hydrates are a very underdeveloped, under-investigated source of energy, although experts suggest that there may be twice as much energy in methane hydrates around the world than in all other types of fossil fuels; what this would mean for the environment is still unknown.

Japan has invested hundreds of millions of dollars on offshore methane hydrate exploration over the past decade or so, and it seems as though it is about to finally pay off.

Related article: Can Qatar's Success with Gas-to-Liquids Fuels Be Repeated in the U.S.?

The Japanese Ministry of Economy, Trade, and Industry revealed that a team aboard the drilling ship Chikyu had started extracting gas from a methane hydrate deposit around 80 kilometres off the south coast of the Atsumi Peninsula in central Japan.

Takami Kawatomo, a spokesman for Japan Oil, Gas & Metals National Corp., the state-run company leading the operation, said that “Japan could finally have an energy source to call its own.”

The extraction trials will continue for about two weeks to determine the viability of larger scale projects in the future. Japan hopes to develop commercially viable extraction technology within five years.

By. James Burgess of Oilprice.com



Join the discussion | Back to homepage


Leave a comment
  • MrColdWaterOfRealityMan on March 14 2013 said:
    Any word on price of net energy for this?

Leave a comment

Oilprice - The No. 1 Source for Oil & Energy News