Mitsubishi UFJ Financial Group Inc. is looking to hire in Saudi Arabia as the lender seeks to benefit from privatizations valued at more than $350 billion over the next five years. "We are planning to start expansion in Saudi Arabia by hiring 20 people," Elyas ...
The proposed Keystone XL pipeline survived nine years of protests, lawsuits and political wrangling that saw the Obama administration reject it and President Donald Trump revive it, but now the project faces the possibility of death by economics. Low oil prices and the high cost ...
North Korea has been condemned and sanctioned for its nuclear ambitions, yet has still received food, fuel and other aid from its neighbors and adversaries for decades. How does the small, isolated country keep getting what it wants and needs? Some put its success down ...
Nigeria's military has rescued all members of an oil survey team kidnapped by suspected Boko Haram militants, it said in a statement on Wednesday, after they were taken in the country's conflict-ridden northeast. Earlier on Wednesday, the Nigerian National Petroleum Corporation (NNPC) said suspected members ...
The United States is considering financial sanctions on Venezuela that will halt dollar payments for the country's oil, according to a senior White House official and an adviser with direct knowledge of the discussions. The move could severely restrict the OPEC nation's crude exports and ...
A Tokyo court on Tuesday approved Idemitsu Kosan Co.'s plan to issue new shares for a public offering, a decision that could propel the oil distributor's stalled plan to merge with Showa Shell Sekiyu K.K. Idemitsu's founding family had sought an injunction against the share ...
A Japanese group's plans to explore for Russian oil with state-run Rosneft PJSC have been stymied by U.S. intervention over sanctions, according to people familiar with the matter. Washington's objection to the Japanese project to explore for oil in the ocean off the Russian Far ...
Japan's current account surplus fell 5.9 percent from a year earlier to ¥1.65 trillion ($14.5 billion) in May, logging the first decrease in four months as higher crude oil prices pushed up imports, government data showed Monday. The country posted a current account surplus for ...
U.S. President Donald Trump on Thursday launched what he called a "golden era" of energy policy seeking to assert power abroad through a boost in natural gas, coal and petroleum exports. In a policy Trump calls "energy dominance," he rebranded efforts to export liquefied natural ...
An overturned oil tanker burst into flames in Pakistan on Sunday, killing at least 148 people who had rushed to the scene of the highway accident to gather leaking fuel, an official said. Some 140 people were wounded, including 40 in critical condition, said Mohammad ...
The dollar slipped below ¥111.50 in Tokyo trading Wednesday, dragged down by a plunge in crude oil prices. The dollar fell close to ¥111 in late hours due to lower European stock prices and a decline in U.S. long-term interest rates. At 5 p.m., the dollar ...
Japan unexpectedly slumps back into a trade deficit for the first time in four months.
