Tag - oil

 
 

OIL

BUSINESS / Companies
Nov 6, 2019
Mitsubishi to shut Singapore oil-trading unit after losses by trader
Trading house Mitsubishi Corp. said Wednesday it will shut down a Singapore unit that trades crude oil and petroleum products after alleging earlier that a trader racked up $320 million of losses in unauthorized trading.
ASIA PACIFIC / Science & Health
Nov 6, 2019
Methane-measuring satellite mission will be based in New Zealand
A satellite mission to measure global methane emissions from oil and gas facilities will be based in New Zealand, the government said on Wednesday, in a collaboration with a U.S. environmental group.
Japan Times
BUSINESS
Nov 6, 2019
Trump administration to auction off Arctic Alaskan oil and gas sites next month
The Trump administration said on Tuesday it will be auctioning off nearly 4 million acres (1.6 million hectares) of land in Arctic Alaska for oil development next month, and it is promising much more territory will be open to development in the future.
Japan Times
BUSINESS / Markets
Nov 4, 2019
Saudi Arabia pulls out all the stops to ensure Aramco IPO success
Saudi Arabia is pulling out all the stops to ensure the success of Aramco's initial public offering after Crown Prince Mohammed bin Salman finally decided to offer shares in the world's largest oil producer.
Japan Times
BUSINESS / Companies
Nov 4, 2019
Some banks dealing with Saudi Aramco IPO say company may be worth $1.5 trillion or even less
Saudi Aramco may be worth as little as $1.5 trillion or even less, well below the target set by the kingdom, according to research sent Sunday to potential investors by the banks involved in the company's initial public offering.
Japan Times
WORLD
Nov 4, 2019
Brazil's mystery oil spill hits breeding grounds for humpback whales
The mysterious oil spill that hit Brazil's coastline two months ago has reached the archipelago of Abrolhos, a national marine park that's home to the greatest biodiversity in the southern Atlantic Ocean — the waters where humpback whales migrate to breed.
Japan Times
BUSINESS
Nov 2, 2019
Britain halts fracking due to quake concerns
Britain will impose an immediate moratorium on fracking, the government announced on Saturday, saying the industry risks causing too much disruption to local communities through earth tremors.
Japan Times
WORLD / Science & Health
Nov 1, 2019
Brazil's navy scrambles to save Abrolhos coral reefs from mystery oil spill
With mystery oil slicks still moving down Brazil's coast, the Brazilian Navy sent more ships on Thursday to try to prevent the pollution of unique coral reefs of the Abrolhos Archipelago marine park, a haven of South Atlantic Ocean biodiversity.
Japan Times
WORLD / Science & Health
Oct 30, 2019
Oil spill may be worst environmental 'attack' in Brazil's history, says Petrobras CEO
Oil slicks washing up on beaches along more than 2,000 km (1,240 miles) of Brazil's northeast coastline could be the worst environmental "attack" in the country's history, the chief executive of state-run oil giant Petrobras said on Tuesday.
JAPAN / Politics / FOCUS
Oct 29, 2019
With hazy plan for SDF dispatch to Mideast, is Japan pursuing contradictory goals?
It was an unusual meeting starting at around 7:30 a.m. at the ruling Liberal Democratic Party's headquarters in Tokyo on Oct. 23, hastily organized so government officials could get lawmakers up to speed.
Japan Times
BUSINESS
Oct 28, 2019
Trump-proposed U.S. oil company role in Syria faces hurdles: experts
U.S. President Donald Trump's suggestion on Sunday that Exxon Mobil or another U.S. oil company operate Syrian oil fields drew rebukes from legal and energy experts.
EDITORIALS
Oct 25, 2019
Japan steps up for Middle East security
Japan should do what it can to promote peace, but it should also not be deterred from protecting its national interests.
Japan Times
BUSINESS
Oct 22, 2019
Companies slow to disclose financial costs of climate change, Moody's says
U.S. and European companies in polluting industries rarely disclose the financial risks they face related to climate change even though a global task force called on them to do so two years ago, according to Moody's Investors Service.
Japan Times
BUSINESS
Oct 21, 2019
A crude performance: Semi-naked climate activists protest BP art sponsorship
Visitors to a London portrait gallery were treated to an impromptu performance on Sunday when three semi-naked climate activists were doused with mock crude oil in a protest against arts sponsorship by British oil company BP.
Japan Times
JAPAN
Oct 18, 2019
Japan's SDF to head for Mideast waters, but Tokyo steers clear of U.S.-led coalition
Self-Defense Forces ships and planes will patrol the Gulf of Oman and other areas but avoid the U.S.-led coalition protecting shipping interests in the strategic waters.
Japan Times
BUSINESS
Oct 15, 2019
Greenpeace activists climb Shell North Sea platforms and hang 'clean up your mess' sign
Greenpeace activists boarded two Royal Dutch Shell oil platforms in the British North Sea on Monday in protest against plans to leave parts of the giant structures in place after production shuts down.
BUSINESS
Oct 14, 2019
India investing $60 billion on gas grid to link up nation by 2024
India, one of the world's largest consumers of oil and coal, is investing $60 billion to build a national gas grid and import terminals by 2024 in a bid to cut its carbon emissions, the oil minister said on Sunday.
Japan Times
BUSINESS
Oct 14, 2019
Saudi Arabia opens new logistics zone in Jeddah, considering private investors in bid to diversify from oil
Saudi Arabia launched on Sunday a new logistics zone open to private investors in the Red Sea port city of Jeddah, as part of a wider industrial initiative to diversify the economy away from oil and create jobs for Saudis.
Japan Times
BUSINESS
Oct 1, 2019
Saudi Aramco reports output fully restored after attacks
Saudi Aramco is producing more than 9.9 million barrels of crude a day as it fully recovers from the worst-ever attacks on its energy infrastructure.
BUSINESS
Sep 27, 2019
Tanker costs surge as Chinese firms face sanctions over Iran oil
Oil tanker costs are surging after the U.S. slapped sanctions on Chinese companies it accused of hauling Iranian crude on Wednesday, prompting a scramble in freight markets to secure alternative vessels.

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