Japan's use of fuel oil to generate power is set to fall over the next fiscal year to levels not seen since before the Fukushima disaster, if enough of the country's nuclear reactors are allowed back online.
Demand for low sulphur fuel oil has already dropped as Asia's largest listed power utility Tokyo Electric Power Co (Tepco) leads a switch to coal and gas to cut costs.
Further falls will push product back into an over-supplied Asia-Pacific market, hitting prices and processing margins already expected to be weak due to refinery expansions in China and the Middle East.
Japan's low sulphur fuel oil imports rose to a 39-year high of 150,600 barrels per day (bpd) in the financial year that ended last March 31, but between April and November 2013 fell about a third from the same period the previous year, according to trade ministry data.
Japan is the largest importer of fuel oil for power use in Asia, taking more than twice the volumes of the next biggest user, South Korea, according to traders.
Police in Japan say that a 16-year-old girl has admitted to slaying her classmate because she "wanted to kill someone" and "dissect" the body, according to Japanese news agency Kyodo News. (huffingtonpost.com)
A record high 13.5 percent of existing housing units in Japan were vacant as of last Oct. 1, up 0.4 percentage point from five years earlier when the survey was last conducted, the government said Tuesday. (Kyodo)
Golden-gai, a warren of tiny bars near Shinjuku's Kabukicho entertainment district, has long been a refuge for writers, musicians, filmmakers and other artistic types, who congregate at drinking establishments with like-minded patrons. (Japan Times)
On July 7, Tokyo Metropolitan Police arrested 30-year-old Ikki Jin for allegedly slipping a sleeping powder into an alcoholic drink consumed by a 23-year-old male and robbing him of a total of 350,000 yen in cash and valuables in February. (Tokyo Reporter)
Coverage of Hyogo prefectural assemblyman Ryutaro Nonomura's July 1 televised tantrum is finally winding down in the mainstream media. But on the Internet, where a YouTube video of his press conference registered over 2 million views in just two days, it's still going strong. (Japan Today)
During her first court hearing at the Tokyo District Court last week, Kasumi Tochinai, a former employee at staffing agency Pasona who has been charged with possession and use of stimulant drugs, came up with a few creative explanations for how she could have tested positive for illegal chemicals in her system. (Tokyo Reporter)
A series of anonymous murder confessions were posted on the popular 2channel Internet forum Saturday evening, prompting police to investigate their possible link with the death and dismemberment of 15-year-old Aiwa Matsuo in Sasebo, Nagasaki Prefecture. (Japan Times)