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David Sheppard

For David Sheppard's latest contributions to The Japan Times, see below:

Jan 12, 2015

Oil glut spurs rush for supertankers to store excess at sea

Some of the world’s largest oil traders have hired supertankers to store crude at sea, marking a milestone in the build-up of the global glut. Trading firms including Vitol, Trafigura and energy major Shell have all booked crude tankers for up to 12 months, ...

Kurds to pump more oil from new fields

Jun 26, 2014

Kurds to pump more oil from new fields

Iraq’s self-ruling Kurds outlined plans on Wednesday to swiftly ramp up oil exports now that their forces have taken control of Iraq’s main northern oil fields, a move that could tear up the settlement holding Iraq together since the fall of Saddam Hussein. Kurdish ...