Tag: Japex

Japan’s Japex to Expand Oil and Gas Production, Including in the U.S.

Clark Savage53

Tokyo-based Japan Petroleum Exploration Co., Ltd. (JAPEX) today unveiled its ambitious “JAPEX Management Plan 2026-2035,” a decade-long strategy designed to quadruple its oil and gas production and position the company as a more resilient global energy player. The plan places heavy emphasis on U.S. expansion, building on the company’s recent $1.26 billion acquisition of operated […]

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JAPEX Buys U.S.-Owned Verdad Resources Intermediate Holdings for $1.3 Billion

Clark Savage28

In a strategic move underscoring the importance of global energy diversification, Japan Petroleum Exploration Co. Ltd. (JAPEX) has acquired Verdad Resources Intermediate Holdings LLC (VRIH) for approximately $1.3 billion. This deal highlights a key principle we\’ve long championed at The Energy News Beat Channel: energy security starts at home. But when domestic resources are limited—as […]

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