• 3 minutes Could Venezuela become a net oil importer?
  • 7 minutes Reuters: OPEC Ministers Agree In Principle On 1 Million Barrels Per Day Nominal Output Increase
  • 12 minutes Battle for Oil Port: East Libya Forces In Full Control At Ras Lanuf
  • 6 hours Oil prices going Up? NO!
  • 1 day Could Venezuela become a net oil importer?
  • 17 mins Reuters: OPEC Ministers Agree In Principle On 1 Million Barrels Per Day Nominal Output Increase
  • 4 hours Renewables to generate 50% of worldwide electricity by 2050 (BNEF report)
  • 6 hours Tesla Closing a Dozen Solar Facilities in Nine States
  • 7 hours Could oil demand collapse rapidly? Yup, sure could.
  • 1 day Gazprom Exports to EU Hit Record
  • 5 hours Oil prices going down
  • 1 day EU Leaders Set To Prolong Russia Sanctions Again
  • 1 day Why is permian oil "locked in" when refineries abound?
  • 1 day Oil Buyers Club
  • 5 hours Saudi Arabia turns to solar
  • 1 day EVs Could Help Coal Demand
  • 2 days China’s Plastic Waste Ban Will Leave 111 Million Tons of Trash With Nowhere To Go
  • 2 days Saudi Arabia plans to physically cut off Qatar by moat, nuclear waste and military base
  • 22 hours Russia's Energy Minister says Oil Prices Balanced at $75, so Wants to Increase OPEC + Russia Oil by 1.5 mbpd
The OPEC Agreement Puts A Floor Under Oil Prices

The OPEC Agreement Puts A Floor Under Oil Prices

OPEC’s agreement to raise production…

OPEC Edges Closer To Production Agreement

OPEC Edges Closer To Production Agreement

A successful OPEC agreement in…

Japanese Nuclear Reactor Lies Directly on Active Fault

On Wednesday, Japan’s Nuclear Regulation Authority (NRA), based on the findings of a new report, advised that one of the country’s nuclear reactors could never be restarted because it lies directly over an active tectonic fault.

After a five month investigation, the NRA report found an active fault (any fault that has moved in the last 130,000 years), under one of the reactors at the Tsuraga power plant in western Japan.

The NRA is currently investigating the faults in the Earth’s crust under five reactors around Japan to determine if they too must receive the same ruling. A second reactor a Tsuraga, just 300 metres from the identified fault is not one of the five, and could possibly be restarted as it is not directly over the fault.

Related Article: Not Just Oil: The US is also Dependent on Foreign Uranium

The reactors fate now lies with the pro-nuclear government, and even though Japan Atomic Power, the company that operates the nuclear power plant at Tsuraga, is expected to ask the NRA’s decision to be overruled, it is unlikely that Prime Minister Shinzo Abe will make such a decision which would risk angering the public.

Since all of Japan’s 50 nuclear reactors were shut-down for maintenance and safety checks following the nuclear meltdown at the Fukushima Daihatsu plant in March 2011, only two have been given permission to restart.

By. Joao Peixe of Oilprice.com



Join the discussion | Back to homepage

Leave a comment

Leave a comment

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