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April 19, 2024
 

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OPEC

Japan Times
COMMENTARY / World
Sep 5, 2021
Oil producers enjoy the calm before the 2022 storm
Oil producers may have to forgo future output increases, and perhaps even reimpose cuts, if they are to prevent stockpiles from rising again.
Japan Times
BUSINESS
Jul 19, 2021
OPEC+ clinches deal to boost output as Gulf allies call truce
The deal is evidence of the strong bonds between members and shows 'OPEC+ is here to stay,” Saudi Energy Minister Prince Abdulaziz bin Salman said.
Japan Times
BUSINESS / ANALYSIS
Jul 6, 2021
OPEC disagreement lays bare growing UAE-Saudi economic rivalry
As Saudi Arabia tries to wean its economy off oil, it is vying with the UAE for foreign capital and talent.
Japan Times
COMMENTARY / World
Jun 7, 2021
Clean energy: Oil and carbon at loggerheads
If the world is to get anywhere near its lower carbon goals, as set out in the Paris Agreement, then all future investment in oil and gas development must cease.
Japan Times
COMMENTARY / World
Nov 29, 2020
Overcoming the Gulf States' oil curse
Deep reform could evolve out of traditional forms of rule in Gulf States. But do the leaders of these nations have the vision and courage to guide the way through to a different future.
Japan Times
COMMENTARY / World
Nov 25, 2020
Could OPEC's house of cards collapse?
The United Arab Emirates is privately questioning the benefits of participating in OPEC and may even be considering whether to leave.
Japan Times
BUSINESS
Oct 19, 2020
OPEC+ faces growing pressure to change course as ministers meet
With oil stuck at around $40, and more supply coming online from Libya, the cartel is now under pressure to revise its plan to ease output cuts.
Japan Times
BUSINESS / FOCUS
Sep 14, 2020
Once an American foe, now a friend: OPEC turns 60
Shifts in global politics and a surge in America's oil production have transformed the group.
Japan Times
BUSINESS / Economy
Apr 13, 2020
OPEC and Russia approve biggest-ever oil cut amid pandemic
After four days of talks, the group known as OPEC Plus has agreed to reduce output by 9.7 million barrels per day for May and June.
Japan Times
BUSINESS
Mar 7, 2020
Collapse of OPEC talks blows hole in Russian-Saudi alliance
OPEC talks with Russia have ended in dramatic failure, auguring the end of a diplomatic alliance between Riyadh and Moscow that has underpinned crude prices and changed the balance of power in the Middle East.
WORLD
Mar 5, 2020
OPEC agrees to large oil output cut amid virus outbreak if Russia joins, sources say
OPEC agreed on Thursday to cut output by an extra 1.5 million barrels per day in the second quarter of 2020 to support prices amid an outbreak of coronavirus but made it conditional on Russia joining in, two OPEC sources said.
Japan Times
WORLD
Jun 17, 2019
Libya leader Serraj will not sit down with rival Khalifa Hifter to end war on Tripoli
Libya's internationally recognized Prime Minister Fayez al-Serraj said on Sunday he was not prepared to sit down with eastern commander Khalifa Hifter to negotiate an end to the two-month offensive against Tripoli.
Japan Times
BUSINESS
Mar 12, 2019
Venezuelan blackout hits oil exports as residents scramble for food and electricity rationing looms
Much of Venezuela, including parts of the capital Caracas, remained without power on Monday for a fifth day, crimping vital oil exports and leaving people struggling to obtain water and food.
Japan Times
WORLD / Politics
Mar 11, 2019
Ailing Bouteflika, 82, returns to face Algerian demonstrations
Algerian President Abdelaziz Bouteflika arrived home from Geneva on Sunday, as students vowed to keep up mass demonstrations against his re-election bid and the ruling party scrambled for a way out of the crisis.
Japan Times
BUSINESS
Dec 24, 2018
Venezuela navy confronts Exxon oil-exploration ship in Guyana border row
Venezuela's navy "intercepted" a ship exploring for oil on behalf of Exxon Mobil Corp. in Guyanese waters over the weekend, neighboring Guyana's foreign ministry said in a statement, while Venezuela said the incident occurred within its territory.
Japan Times
BUSINESS
Nov 13, 2018
Trump blasts Saudi Arabia over oil output cut as relations fray further
President Donald Trump took aim at Saudi Arabia's plan to cut oil production on Monday, injecting new tension into an already fraught alliance that has been clouded by U.S. concerns over the killing of journalist Jamal Khashoggi and the ongoing conflict in Yemen.
Japan Times
BUSINESS / Economy
Oct 9, 2018
Venezuela's annual inflation hit 488,865% in September: congress
Venezuelan consumer prices rose 488,865 percent in the 12 months ending in September, a member of the opposition-run congress reported on Monday, as the OPEC nation's hyperinflation continues to accelerate amid a broader economic collapse.
Japan Times
BUSINESS
Jul 2, 2018
Trump's mixed oil message won't fix supply fears amid Iran squeeze: traders
U.S. President Donald Trump's weekend of oil diplomacy doesn't change the underlying dynamic of a crude market that's swiftly seeing demand threaten to overtake supplies, analysts said on Sunday.
Japan Times
BUSINESS
Apr 26, 2018
Chevron evacuates foreign execs from Venezuela after staff arrests amid beef with state-owned oil firm
U.S. oil major Chevron Corp. has evacuated executives from Venezuela after two of its workers were imprisoned over a contract dispute with state-owned oil company PDVSA, according to four sources familiar with the matter.
Japan Times
BUSINESS
Feb 11, 2018
How soaring U.S. exports to China are transforming the global oil game
Bit by bit, the U.S. petroleum industry is turning world oil markets inside out.
No link to Nankai Trough quake seen after temblor in Shikoku
Satoshi Harada from the Meteorological Agency explains about the magnitude 6.6 earthquake during a news conference early Thursday.
Thousands evacuated as Indonesia volcano erupts
Indonesia's Mount Ruang spews hot lava and smoke as seen from Sitaro, North Sulawesi, on Wednesday.
Why hasn't Japan moved to prop up the weak yen?
Finance Minister Shunichi Suzuki speaks to reporters in Tokyo on Tuesday.
Snake on a train: Discovery of serpent delays Tokyo-Nagoya shinkansen
A Tokaido shinkansen. It is unclear whether the snake was venomous or how it ended up on the train, and there was no injury or panic among passengers.
Sex differences could be key to the successful treatment of long COVID
A new study has found that women with long COVID had significantly lower levels of testosterone compared to those who had recovered from their infection.
'House of the Owl' brings Hollywood values to Japanese TV
In the new Disney+ series “House of the Owl,” Min Tanaka (left) plays a powerful political fixer, or “kuromaku,” who has a troubled relationship with his adult children, particularly his idealistic son, played by Mackenyu.
Benefits and risks: AUKUS looks to take gamble on Japan
U.S. President Joe Biden, Australian Prime Minister Anthony Albanese and British leader Rishi Sunak deliver remarks on the AUKUS partnership, after a trilateral meeting, at Naval Base Point Loma in San Diego in March last year.
Kyoto’s demon night parade lives to haunt another day
In a Kyoto long past, the "hyakki yagyō" (100 demon night parade) haunted a sleepy corner of Kyoto. Now, one enterprising monster enthusiast has won a small batttle to keep the march alive.
U.S. deploys midrange missile system in Indo-Pacific for first time
A U.S. Army Mid-Range Capability (MRC) Launcher arrives as part of the capability’s first deployment into theater on Northern Luzon, Philippines, April 8.
Unpacking the chaotic by-election in a scandal-hit Tokyo district
People listen to a campaign speech in Tokyo's Koto Ward on Tuesday.

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