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July 06, 2025
 

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OIL

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 / Politics
Feb 27, 2020
Trudeau wants it all on climate and oil, but it's not working out
Justin Trudeau's ambition was to forge a grand bargain to develop Canada's resources. In trying to please everyone, he has pleased no one.
Japan Times
BUSINESS
Feb 20, 2020
Machine lubricants leave bad taste for palm oil producers and buyers
The palm oil industry, long accused of large-scale deforestation, is bracing for another hit to its business: machinery lubricants seeping into the world's most consumed edible oil during processing.
Japan Times
BUSINESS
Feb 11, 2020
Climate activists invade BlackRock office in Paris, demanding firm exit from fossil fuels
Dozens of climate activists invaded U.S. asset manager BlackRock's office in central Paris on Monday, calling for the fund to pull out of fossil fuel investments.
Japan Times
BUSINESS
Feb 8, 2020
Cost of Trudeau's Trans Mountain pipeline balloons 70% to $9.5 billion
The cost to build Canadian Prime Minister Justin Trudeau's pet oil pipeline just got a few billion dollars more expensive.
BUSINESS
Jan 23, 2020
Indigenous Peruvians win suit to block oil exploration in their Amazon region
A Peruvian judge ruled that the government exclude an indigenous region of the Amazon near the border with Brazil from any oil exploration and exploitation, a legal group said on Wednesday, in a win for native communities that have long fought against oil and mining projects on their land.
Japan Times
ASIA PACIFIC
Jan 21, 2020
In similar move to Japan, South Korea to deploy anti-piracy unit to Middle East amid U.S. pressure
South Korea’s military will send an independent contingent to the Middle East to help guard oil tankers amid rising regional tensions rather than participating in a U.S.-led coalition, the Defense Ministry in Seoul announced Tuesday, taking a page out of the Self-Defense Forces’ playbook.
WORLD / Science & Health
Jan 16, 2020
Florida plans biggest purchase of Everglades land in a decade to protect it from drilling
Florida has reached a deal with a private real estate firm to buy a large swath of environmentally sensitive wetlands in the heart of the Everglades to spare the tract from oil drilling, the governor announced on Wednesday.
BUSINESS
Jan 9, 2020
Japan pump price reaches ¥150 yen for first time in 7 months
The average retail price of regular gasoline exceeded ¥150 per liter this week for the first time in about seven months, and is expected to rise further next week amid escalating tensions between the United States and Iran.
Japan Times
JAPAN / ANALYSIS
Jan 3, 2020
Japan SDF mission in focus after U.S. assassination of top Iranian Gen. Qassem Soleimani
The SDF unit deploying next month was to independently patrol a quiet area south of the Hormuz Strait, but now it might have a target on its back.
BUSINESS
Dec 29, 2019
Protesters shut down Iraq's Nassiriya oil field
Protesters broke into Iraq's southern Nassiriya oil field on Saturday and forced employees to cut off electricity from its control station, taking the field offline until further notice, a security source and two oil sources said.
Japan Times
WORLD / Science & Health
Dec 24, 2019
Ecuador concerned about recovery of sunken barge in Galapagos and fuel spill
Ecuador's environment minister, Raul Ledesma, said on Monday that a situation involving a sunken barge in the Galapagos Islands that was carrying 600 gallons of diesel is under control but added that authorities are "very concerned" about the vessel's recovery.
Japan Times
JAPAN / Politics
Dec 22, 2019
Rouhani welcomes Japan's decision to sidestep U.S.-led naval mission in Persian Gulf
Iranian President Hassan Rouhani on Saturday welcomed Japan's decision not to join the U.S.-led naval mission in the Persian Gulf and said he had discussions on ways of "breaking" U.S. sanctions during his visit to Tokyo.
JAPAN
Dec 20, 2019
Iran's Hassan Rouhani urges Abe to strengthen bilateral economic ties during Tokyo visit
On the 90th anniversary of diplomatic ties, the first Iranian president to visit since 2000 urges more concrete steps to promote the bilateral relationship.
Japan Times
WORLD
Dec 20, 2019
U.S. probe of Saudi oil attack shows it came from north, reinforcing claim of Iran as source, report says
The United States said new evidence and analysis of weapons debris recovered from an attack on Saudi oil facilities on Sept. 14 indicates the strike likely came from the north, reinforcing its earlier assessment that Iran was behind the offensive.
JAPAN / Politics / FOCUS
Dec 18, 2019
Hopes low for Japan-Iran summit, with Tokyo hemmed in by competing interests
It's unlikely Japan will be able to bypass U.S.-imposed sanctions and resume importing crude oil from Iran in accordance with Tehran's apparent wishes, experts say.
Japan Times
BUSINESS
Dec 12, 2019
Japan energy panel calls for national effort to secure oil and rare metal reserves
A government energy panel called on Wednesday for the strengthening of a national reserve plan that ensures the availability of oil and rare metals amid increased global competition.
WORLD
Dec 5, 2019
Pirates board supertanker off Nigeria and kidnap 19 crew members
Pirates boarded a fully loaded supertanker off the coast of Nigeria, an act that is sure to ring alarm bells for insurers about the risk of collecting oil from Africa's biggest producer.
Japan Times
WORLD
Nov 18, 2019
Hundreds detained as Iran clamps down on fuel protests
Iranian security forces detained hundreds protesting a sudden surge in fuel prices, signaling there would be little tolerance for unrest sweeping the sanctions-battered country.
BUSINESS
Nov 15, 2019
Venezuela said secretly exporting millions of barrels of oil as tankers turn off transponders
The Dragon, a massive oil tanker flying the Liberian flag, is supposed to be floating somewhere off the coast of France, according to its last GPS signal.
Japan braces for more quakes as authorities dismiss doomsday hype
Evacuees from Akuseki Island, located in the Tokara island chain in Kagoshima Prefecuture, arrive at Kagoshima Port on Friday.
Hidden AI prompts in academic papers spark concern about research integrity
Waseda University is one of 14 institutions in eight countries found to have used hidden prompts in research papers.
A prophesied disaster (likely) won’t strike Japan this weekend
A viral manga prediction of a July 5 disaster has gripped Japan with anxiety and triggered an economic impact, but experts warn that while such dates are unreliable, the threat of a massive earthquake remains real. 
Residents of Tokara Islands begin evacuation as seismic swarm continues
Details about evacuations from Akuseki Island, located in the Tokara island chain in Kagoshima Prefecture, is seen written on a whiteboard in the city of Kagoshima on Thursday.
U.S. military apologizes over Okinawa sexual assault case
Col. Neil Owens (right), chief of staff for the 3rd Marine Division, bows in apology at the Okinawa Prefectural Government office in Naha on Thursday.
Ghibli’s Isao Takahata exhibit shows how beloved anime is made
“The man who planted Japanese animation” exhibition includes a variety of sketches, drawings and animation cels from Isao Takahata films such as color design for characters by Michiyo Yasuda from "Grave of the Fireflies."
Flag football facing challenges and opportunities ahead
Japan’s women’s flag football team at the 2025 International Bowl in Los Angeles in June. The sport is enjoying continued growth in the country.
From Hokusai’s Great Wave, shinkansen to One Piece: a cultural treasure box for Lego Japan
Michael Ebbesen, general manager of Lego Japan, says Lego bricks based on Japanese culture have a rich global appeal and are sellable around the world.
With farmed fish, RelationFish swims against the tide in fine dining
Chef Hideaki Matsuo (middle) and the staff of Oseto Suisan Fisheries prepare to check on their sustainably farmed fish.
As Southeast Asia heats up, a Japanese cooling giant sees a major opportunity
An employee of Daikin Cambodia explains the use of different tools during an air conditioner installation training session in Phnom Penh. Daikin is one of Japan’s oldest air conditioning companies, but as Japan’s population falls, the firm is keying in on overseas growth.

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