Tag - oil

 
 

OIL

Japan Times
WORLD
May 13, 2022
Biden’s hopes for Iran deal fade just when world needs oil most
For Iran, $100 per barrel oil has mitigated the urgency to secure sanctions relief. Crude prices have almost doubled since talks began a year ago.
Japan Times
COMMENTARY / World
May 12, 2022
Should Europe stop paying for Putin’s war?
If Europeans face economic hardship by ceasing to use Russian energy, is that really too much to ask after the invasion of Ukraine?
Japan Times
WORLD / Politics
May 10, 2022
Russian crude keeps flowing while Europe wrangles over sanctions
Shipments of the nation's crude were little changed in the seven days to Friday compared with the previous week.
Japan Times
JAPAN
May 9, 2022
Japan to phase out Russian oil use but remain in Sakhalin energy projects
The ban 'in principle' on Russian oil imports is expected to come in stages, and is expected to have limited effect on Japan's supplies.
Japan Times
WORLD
May 5, 2022
Can Europe survive without Russian oil? Nuclear power may be key.
After agreeing to cut Russian gas, the EU has proposed a ban on Russian oil imports — but this could further complicate energy security, as prices are spiking.
Japan Times
WORLD
May 4, 2022
EU plans to ban Russian oil by the end of the year due to Ukraine invasion
The EU is also proposing to cut off Sberbank and other lenders from the SWIFT international payment system, European Commission President Ursula von der Leyen said.
Japan Times
COMMENTARY / World
May 3, 2022
Weighing the cost of short-term expedients against long-term necessities
It is becoming clear that the world's policymakers are caught in a dreadful confusion: a confusion between short-term fixes or long-term necessities.
Japan Times
BUSINESS / Economy
May 2, 2022
Green fix to replace Russian gas is stymied by Europe’s red tape
Energy producers say time-consuming bottlenecks are thwarting Europe's push to ditch Russia and be more self-reliant.
Japan Times
COMMENTARY / World
May 1, 2022
Europe’s economy on a knife edge
Europe's recovery from the damage caused by COVID-19 was solidifying. But now European policymakers have exactly zero control over whether their economies' rebound continues.
Japan Times
BUSINESS
May 1, 2022
EU to propose phasing out Russian oil by the end of the year
The EU will also push for more banks from Russia and Belarus to be cut off from the SWIFT international payment system, including Sberbank, Russia's largest lender.
Japan Times
WORLD
Apr 28, 2022
Biden’s climate ambitions are all but dead
Political allies are now acknowledging what scientists have confirmed: There's virtually no viable path to slashing U.S. emissions in line with Biden's 2030 target
Japan Times
BUSINESS / Economy
Apr 26, 2022
Climate votes fought by major oil companies get key backing from proxy adviser
A decision to back Paris accord-aligned emissions goals is significant because many investors follow its voting recommendations closely during proxy voting season.
BUSINESS
Apr 22, 2022
Japan to auction 4.8 million barrels of national reserve oil on May 10
The government will make plans to release another 4.2 million barrels from state reserves as soon as possible, an industry ministry official said.
BUSINESS / Companies
Apr 20, 2022
Japanese refiner Eneos to buy alternative to Russian crude from Middle East
'For now, we intend to get alternatives from existing trading partners such as Saudi Arabia, Abu Dhabi and Kuwait,' Chairman Tsutomu Sugimori said.
Japan Times
BUSINESS
Apr 19, 2022
Russia’s war in Ukraine puts global energy transition at crossroad
Without Russian energy, countries around the globe are being forced to make hard choices on how to fuel their economies, putting the energy transition at a crossroad.
Japan Times
BUSINESS
Apr 15, 2022
Japan to release 6 million barrels of oil from private reserves as part of IEA-led action
Japan will release the petroleum by allowing local refiners to lower their mandatory stockpile level in private reserves by three days.
Japan Times
COMMENTARY / World
Apr 15, 2022
Germany’s energy woes are a fiasco of its own making
In both the short and the long term, Germany will be unable to end Russian gas imports without triggering economic chaos and public outrage.
Japan Times
WORLD
Apr 14, 2022
Ukraine war pushes Germans to change. They are wavering.
Few in Germany believed Putin would invade a sovereign European country, but the war has set off a cycle of soul-searching — and re-evaluating ties to Russia.
Japan Times
BUSINESS
Apr 14, 2022
Indian backdoor for Russian oil weakens calls for European ban
While Europe is making strenuous efforts to move away from Russian oil and gas, India could keep profiting by selling fuel made from Russian crude to the energy-starved region.
Japan Times
BUSINESS
Apr 13, 2022
Saudi Arabia leads OPEC decision to drop IEA data as U.S. ties fray
Riyadh and its allies have thus far ignored Western calls to increase output to try to lower oil prices of around $100 a barrel.

Longform

Tetsuzo Shiraishi, speaking at The Center of the Tokyo Raids and War Damage, uses a thermos to explain how he experienced the U.S. firebombing of March 1945, when he was just 7 years old.
From ashes to high-rises: A survivor’s account of Tokyo’s postwar past