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April 27, 2024
 

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OIL

Russian President Vladimir Putin is welcomed by Chinese leader Xi Jinping during a ceremony at the Belt and Road Forum in Beijing last October.
WORLD / Politics
Apr 27, 2024
Half of Russia's payments to China made through middlemen
The intermediaries are legal entities from jurisdictions considered "friendly" to Russia, sources said.
The possibility of a deepening conflict between Israel and Iran suggests higher energy prices for energy import-dependent Japan, meaning more downward pressure for the yen.
BUSINESS / Markets
Apr 19, 2024
Oil poses more risks for yen as Japan depends on energy imports
Crude oil futures jumped on Friday following reports that Israel launched a missile strike on Iran.
This video screen grab shows a refinery in Ryazan, Russia, that Ukraine attacked in a drone strike last month.
COMMENTARY / World
Apr 12, 2024
Ukraine’s drone attacks light a fuse under global oil supplies
At least 10 refineries have been hit so far. About 13% of Russia’s capacity has been knocked offline, analysts at RBC Capital Markets estimate.
Around 90% of China’s increased oil demand between 2021 and 2024 comes from chemical feedstocks, driven by the manufacturing of products such as those sold by fast-fashion retailers Shein and Tamu.
COMMENTARY / World
Apr 1, 2024
China's Shein and Temu are driving oil, not Toyota and GM
The cause behind recent a surge in China's oil demand is not to be found in people's transport habits, including car use, but in fast-fashion clothing.
Despite vast coal reserves, China has always been geopolitically vulnerable on the energy front.
COMMENTARY / World
Mar 24, 2024
China navigates myriad of energy-driven challenges
Rising fuel prices are a thorn in the China's side amid deflation concerns.
Awang Suang trims weeds from palm trees on his small plantation in Membakut, Malaysia on Feb. 12. He has been cultivating oil palms for more than 50 years after switching from rubber trees. Palms require less labor and produce more frequent harvests — roughly every two weeks, year round — providing a steadier income, he explained.
ENVIRONMENT / Sustainability
Mar 18, 2024
Can Europe save forests without killing jobs in Malaysia?
A new regulation aims to rid the palm oil supply chain of imports that come from former forestland.
This screen grab from a video purportedly shows an explosion at the Slavyansk oil refinery in Russia's Krasnodar region on Sunday.
WORLD
Mar 17, 2024
Ukraine drones attack refinery, target Moscow and disrupt power, Russia says
Moscow accuses Kyiv of election sabotage with its days of strikes on Russian infrastructure, one of the most sweeping air operations on Russian territory.
An image taken from video released by Roman Starovoit, governor of the Kursk region of Russia, last month purportedly shows firefighters working to extinguish flames at an oil depot after a Ukrainian drone strike.
WORLD / Politics
Mar 15, 2024
Ukraine, stalled on the battlefield, targets Russia’s oil industry
This year, Ukraine has claimed responsibility for nearly a dozen assaults on Russian oil infrastructure.
A flare burns at a gas plant near Orla, Texas. Production and use of fossil fuels put more than 120 million metric tons of methane into the atmosphere last year, a slight rise from 2022.
ENVIRONMENT / Energy
Mar 14, 2024
Methane emissions from energy sector rose in 2023 despite pledges
Production and use of fossil fuels put more than 120 million metric tons of methane into the atmosphere last year.
Philippine Coast Guard personnel film a China Coast Guard vessel during a supply mission in the disputed South China Sea on March 5.
BUSINESS
Mar 11, 2024
U.S. key to Philippines’ plan to tap oil and gas in South China Sea
Manila is seeking to parlay its deepening security ties with Washington into broader economic benefits, the Philippine ambassador to the U.S. said.
Then-U.S. President Donald Trump holds up a presidential permit for energy development that he signed during a tour of an oil rig in Midland, Texas, in July 2020.
COMMENTARY / World
Mar 1, 2024
How the planet could survive another Trump term
In his first term, Trump pulled the U.S. out of the 2015 Paris climate agreement, rolled back environmental regulations, unleashed gas drilling and more.
Vitol, the world's biggest trader, has increased its total equity to $26 billion even after paying $5 billion in record dividends after earning $15 billion in 2022.
BUSINESS / Markets
Feb 26, 2024
Top global energy traders face multibillion cash quandary
Most trading houses, which are privately owned and controlled by their employees, disclose little about their cash position, equity or dividends.
The Nautica, a replacement oil tanker for the decaying FSO Safer, arrives in the Red Sea port of Hodeidah, Yemen, in July last year.
BUSINESS
Feb 25, 2024
Shortage of oil tankers at hand as Red Sea attacks divert trade
Only two new supertankers join the fleet in 2024 — the fewest additions in almost four decades.
Fatih Birol, executive director of the IEA
ENVIRONMENT / Energy
Feb 21, 2024
How to reinvent yourself at 50: An IEA guide
It would be an understatement to say that the energy industry has gone through a lot of change.
Vitol, the world's largest independent oil trader, is considering opening an office in Tokyo to trade electricity, sources said.
BUSINESS / Companies
Feb 16, 2024
Vitol considers entering Japan power market with Tokyo office
Japan's power market is attracting more overseas firms due to increased volatility amid shifts away from fossil fuels
Local authorities say oil tanks at this storage facility caught fire after the military brought down a Ukrainian drone, in the town of Klintsy in the Bryansk Region, Russia, on Friday.
WORLD / Politics
Jan 23, 2024
Ukrainian drone attacks menace key Russian oil export route
Keeping Russia’s oil exports steady is crucial for the Kremlin, which receives approximately 30% of total budget revenues from the nation’s energy industry.
Oil and gas tanks are seen at an oil warehouse at a port in Zhuhai, China, in October 2018.
BUSINESS
Jan 20, 2024
China defies sanctions to make Russia its biggest oil supplier in 2023
Russia shipped a record 107.02 million metric tons of crude oil to China last year, equivalent to 2.14 million barrels per day (bpd), the Chinese customs data showed.
A Tokyo Gas Co. storage tank at the company's Setagaya facility in Tokyo
ENVIRONMENT / Climate change
Jan 12, 2024
World trying to quit fossil fuels gets flood of gas instead
Formerly a sluggish sector, global events spurred LNG's expansion
A worker guides drilling pipes on the Gazprom PJSC Chayandinskoye oil, gas and condensate field in Russia's Sakha Republic.
WORLD / Politics
Jan 10, 2024
Russia’s oil drilling boom proves Moscow’s resilience to Western sanctions
In the first 11 months of 2023, Russia's drilling was on track to beat the post-Soviet record.
Seiichiro Nishioka, an outside director, apologizes at a news conference on Tuesday.
BUSINESS / Companies
Dec 19, 2023
Japan's Eneos dismisses president for hugging woman while drunk
The scandal is another blow to the firm, whose former CEO was forced to step down last year amid a report that he sexually harassed a hostess at a bar.
New JAL chief concerned about yen’s ‘excessive’ weakness
Mitsuko Tottori became Japan Airlines’ first female CEO on April 1, having risen through the ranks as a flight attendant and heading the flight attendant and customer experience divisions.
Town to block view of Mount Fuji in response to overtourism
The town government of Fujikawaguchiko, Yamanashi Prefecture, decided to set up a 2.5-meter-high screen to prevent tourists from taking pictures of Mount Fuji looming behind a convenience store.
Yen inches closer to intervention point as BOJ meeting starts
The rate of the yen against the U.S. dollar is displayed in the trading room at foreign exchange brokerage Gaitame.com in Tokyo on Thursday.
Princess Aiko makes debut at imperial garden party
Princess Aiko attends an imperial garden party in Tokyo on Tuesday.
'So hot you can't breathe': Extreme heat hits the Philippines
A pedestrian cools himself with a folding hand fan as he waits for a ride along a road in Manila on Wednesday, as extreme heat hit the Philippines.
Tokyo's Koto Ward by-election a race unlike any other
Natsumi Sakai, the Constitutional Democratic Party of Japan’s candidate and one of four female candidates running in the by-election, touts her experience as a cancer survivor and midwife as having prepared her to tackle issues that women currently face.
Town to block view of Mount Fuji in response to overtourism
The town government of Fujikawaguchiko, Yamanashi Prefecture, decided to set up a 2.5-meter-high screen to prevent tourists from taking pictures of Mount Fuji looming behind a convenience store.
Top U.S. and China diplomats talk tough amid warnings of new ‘downward spiral’
U.S. Secretary of State Antony Blinken and China's Foreign Minister Wang Yi at the Diaoyutai State Guesthouse in Beijing on Friday
Kyotographie's strong 12th edition shines light into the margins
Yassine Alaoui Ismaili, who goes by Yoriyas, turned to photography, shooting motion while in motion himself, after an injury forced him to give up his career as a professional breakdancer.
For amateur sumo, a fresh start offers hope against time-wasting and gamesmanship
Wrestlers prepare for the start of a bout at the 2023 Sumo World Championships in Tokyo. Starting this month, placing one hand on the clay first is no longer allowed.

Podcast

From easily navigable train stations to the helpfulness of its municipal staff, Tokyo has earned high praise for its commitment to accessibility for disabled travelers.
[Rebroadcast] Japan is doing better on accessibility than you may think

Longform

Later this month, author Shogo Imamura will open Honmaru, a bookstore that allows other businesses to rent its shelves. It's part of a wave of ideas Japanese booksellers are trying to compete with online spaces.
The story isn't over for Japan's bookstores
By Alex K.T. Martin

SUSTAINABLE JAPAN

Students ‘study abroad’ on island of Suo Oshima
Students ‘study abroad’ on island of Suo Oshima

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