Japanese companies collaborate to introduce carbon-neutral fuels by 2030

Japan’s Idemitsu Kosan, ENEOS, Toyota Motor and Mitsubishi Heavy Industries have agreed to jointly consider introducing carbon-neutral fuels in the country around 2030, the companies said in a joint statement. Idemitsu, ENEOS, Toyota and MHI have commenced a study to introduce and spread carbon-neutral fuels in the country as part of efforts toward carbon neutrality.

NYK and MOL to study marine transportation of LCO2

Japanese shipping majors NYK and Mitsui O.S.K. Lines (MOL) have been commissioned to study liquefied CO2 transport by vessels as part of a carbon dioxide capture and storage (CCS) project in Japan. As disclosed, the companies were selected by a consortium comprising ENEOS Corporation (ENEOS), Electric Power Development Co., Ltd. (J-POWER), and JX Nippon Oil