Feb 22, 2017

Cosmo Energy, Kygnus Sekiyu to form business tie-up

Major oil wholesaler Cosmo Energy Holdings Co. will form a capital and business alliance with Kygnus Sekiyu K.K., Cosmo Energy has said. Cosmo Energy will acquire a 20 percent stake in Kygnus from San-Ai Oil Co. between April and June, according to the announcement ...

Deadline looms for Dakota Access pipeline protest camp

Feb 21, 2017

Deadline looms for Dakota Access pipeline protest camp

As dawn breaks over an encampment that was once home to thousands of people protesting the Dakota Access oil pipeline, a few hundred holdouts rise for another day of resistance. They aren’t deterred by the threat of flooding, nor by declarations from state and ...

How Russia secretly sold its oil jewel

Jan 29, 2017

How Russia secretly sold its oil jewel

More than a month after Russia announced one of its biggest privatizations since the 1990s, selling a 19.5 percent stake in its giant oil company Rosneft, it still isn’t possible to determine from public records the full identities of those who bought it. The ...

Jan 15, 2017

Trudeau says Canada's oil sands must be phased out

Canada must “phase out” Alberta’s oil sands and end the country’s dependence on hydrocarbons, Prime Minister Justin Trudeau said on Friday. “We can’t shut down the oil sands tomorrow. We need to phase them out,” he said. “We need to manage the transition off ...

Japan logged ¥152.51 billion trade surplus in November

Dec 19, 2016

Japan logged ¥152.51 billion trade surplus in November

Japan posted a goods trade surplus of ¥152.51 billion ($1.30 billion) in November after imports fell more than exports on cheaper crude oil prices and the yen’s strength, the government said in a preliminary report Monday. A breakdown of the third consecutive monthly surplus ...