Japan's JAPEX aims to nearly quadruple US oil, gas output by 2035

TOKYO -- Japan Petroleum Exploration plans to increase its U.S. oil and natural gas production nearly fourfold by 2035, and is considering the possibility of exports to Japan in the event of an energy crisis. EnergyJapan's JAPEX aims to nearly quadruple US oil, gas output by 2035 Company could export crude to home market in a supply crunch Japan Petroleum Exploration has acquired oil and gas interests in the U.S. (Photo obtained by Nikkei) TOKYO -- Japan Petroleum Exploration plans to increase its U.S. oil and natural gas production nearly fourfold by 2035, and is considering the possibility of exports to Japan in the event of an energy crisis.