Tag - oil

 
 

OIL

BUSINESS / EXPLAINER
Mar 3, 2022
Japan’s oil stockpiles come into spotlight following Russia's invasion of Ukraine
The IAE, of which Japan is a member, decided to release 60 million barrels of oil reserves as a step toward stabilizing global oil markets, which have been rattled by the war in Ukraine.
Japan Times
BUSINESS / Economy
Mar 3, 2022
Fuel spike may push Japan's inflation near BOJ's 2% goal, says policymaker
Japan's reliance on imports makes it vulnerable to higher commodity prices, adding to those already concerned about the hit to growth from the pandemic.
Japan Times
BUSINESS
Mar 3, 2022
U.S. hits Russian oil refining sector and slaps export curbs on Belarus
The new round of sanctions announced by the White House ban the export of specific refining technologies, making it harder for Russia to modernize its oil refineries.
Japan Times
COMMENTARY / World
Mar 2, 2022
Bashing Big Oil won't save the planet
Focusing on a handful of companies that pump about 10% of the crude oil produced on the planet every day isn't going to reverse the rise in global carbon dioxide emissions alone.
Japan Times
COMMENTARY / World
Mar 2, 2022
The solution to the Ukraine crisis lies in Asia
Sanctions and embargoes from the West against Russia over the Ukraine invasion will count for nothing if they are offset by business as usual in Asia.
BUSINESS
Mar 2, 2022
Exxon to leave Russia as Ukraine war pressures energy giants
As pressure grows on global energy giants to respond decisively to the invasion of Ukraine, Exxon Mobil Corp. has said it would join key rivals in exiting Russia.
Japan Times
BUSINESS / Markets
Mar 1, 2022
Oil prices keep rising even as U.S. considers release from strategic reserves
The U.S. and others are considering a release of 60 million barrels, sources have said, which would be equivalent to less than six days of Russian production.
Japan Times
BUSINESS / Markets
Mar 1, 2022
Green energy stocks surge as war spurs push away from Russia and fossil fuels
The Russia-Ukraine war may serve to hasten the European Union's ambitious plans to boost the share of its energy from renewable sources this decade.
Japan Times
BUSINESS
Feb 28, 2022
BP exit opens new front in West's campaign against Russia
The firm's decision to quit the oil-rich country is the most aggressive move yet by a company in response to Moscow's invasion of Ukraine.
Japan Times
WORLD
Feb 28, 2022
American fracking veteran in Ukraine works to keep the gas flowing
His friends back in the U.S. told him he's crazy to stay — but Oleg Tolmachev said he couldn't see himself abandoning his newly adopted home at a moment like this.
Japan Times
WORLD / Politics
Feb 28, 2022
Russia’s Ukraine invasion raises questions about global energy policy
As Russia's attack on Ukraine highlights holes in the West's energy security, some have questioned the move away from fossil fuels and toward renewable energy sources.
Japan Times
WORLD
Feb 28, 2022
How the U.S. could tighten sanctions on Russia
The United States has imposed several rafts of sanctions on Russia over its invasion of Ukraine while saying all options are on the table for additional action.
Japan Times
WORLD
Feb 27, 2022
Germany to step up plans to cut dependence on Russia gas
Germany has been under pressure from other Western nations to become less dependent on Russian gas and is taking steps to do so.
Japan Times
WORLD
Feb 24, 2022
Climate fears on back burner as fuel costs soar and Ukraine crisis deepens
The perils of a warming planet are no less calamitous now, but debate about transitioning to renewable energy has taken a back seat to energy security.
Japan Times
BUSINESS
Feb 24, 2022
Brent oil jumps to $100 a barrel on Russia-Ukraine tensions
Brent oil surged past $100 a barrel for the first time since 2014 as Russia's dramatic escalation of the Ukraine crisis sparked fears of a disruption to the region's critical energy exports.
Japan Times
WORLD / Science & Health
Feb 22, 2022
Ban on single-use plastics favored by 75%, global survey finds
Governments will meet in Nairobi this month to press ahead with an ambitious treaty on tackling plastic waste.
Japan Times
BUSINESS / Markets
Feb 22, 2022
Oil and gold advance as Putin orders forces to regions of Ukraine
Rising demand and shrinking global inventories of crude and petroleum products have added to the rally.
Japan Times
BUSINESS / Markets
Feb 21, 2022
Soaring diesel and gasoline prices are bleeding into global shipping
Much of the price increase in ship fuel has been due to a rally in crude oil, which is used to make most marine fuel.
Japan Times
ASIA PACIFIC / Politics
Feb 21, 2022
Soaring gasoline bad timing for Asian governments facing voters
Soaring gasoline prices are fanning inflation and causing a headache for governments and central banks worldwide.
Japan Times
BUSINESS
Feb 18, 2022
A U.N. pact may restrict plastic production. Big Oil aims to stop it.
U.N. members are set to meet this month to draft the blueprint for a global plastics treaty. That's a problem for Big Oil, with the plastic industry set to double output within 20 years.

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