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May 17, 2024
 

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OIL

Japan Times
WORLD / Politics
May 31, 2022
EU leaders back push to ban most Russia oil over Putin’s war
The sanctions would forbid the purchase of crude oil and petroleum products from Russia delivered to member states by sea but would include a temporary exemption for pipeline crude.
Japan Times
BUSINESS / ANALYSIS
May 30, 2022
How the Ukraine conflict is reshaping global oil markets
African suppliers are stepping in to meet European demand for crude while Moscow, stung by Western sanctions, is increasingly tapping risky ship-to-ship transfers to get its crude to Asia.
Japan Times
BUSINESS
May 29, 2022
EU spares pipeline oil from Russian embargo plan to break logjam
The European Commission sent a revised proposal to members on Saturday that would spare shipments of oil through the giant Druzhba pipeline, which is Hungary's main source of crude imports.
Japan Times
BUSINESS
May 28, 2022
Europe’s push to punish Putin is falling short of the rhetoric
Diplomats and officials are getting increasingly frustrated the EU may already be reaching the limits of the short-term pain it can inflict on Russia.
Japan Times
BUSINESS
May 25, 2022
Insurance is Russian oil's Achilles' heel
Insurers from Europe and the United States, which dominate the international marine market, are curtailing coverage for Russian oil tankers, industry sources say.
Japan Times
BUSINESS
May 25, 2022
The refinery standing between Germany and a Russian oil embargo
For decades, crude oil piped in from Russia has flowed into a giant refinery in Schwedt, an industrial city on the Oder River, providing jobs for thousands and a reliable source of fuel.
Japan Times
WORLD
May 24, 2022
EU oil embargo 'in days' as Ukraine isolation drives Russia closer to China
The European Union will likely agree to an embargo on Russian oil imports 'within days,' according to its largest member, Germany.
Japan Times
WORLD
May 23, 2022
In Ecuador's Amazon, youth take up the fight against oil pollution
For decades, local Indigenous people, farming communities, environmental rights activists and lawyers have said flaring causes serious damage to the environment and health.
Japan Times
ASIA PACIFIC
May 23, 2022
Indonesia set to resume palm oil exports, but policy uncertainty persists
Palm oil, used in everything from margarine to shampoo, comprises a third of the world's vegetable oil market, with Indonesia accounting for about 60% of supply.
Japan Times
ASIA PACIFIC / Politics
May 22, 2022
In sharp switch, Australia votes for climate action
The election represents a remarkable change for Australia, one of the biggest per capita carbon emitters and exporters of coal and gas.
Japan Times
BUSINESS
May 21, 2022
China quietly increases purchases of low-priced Russian oil
The move comes a month after Beijing initially cut back on Russian supplies, for fear of appearing to openly support Moscow and potentially exposing its state oil giants to sanctions.
Japan Times
BUSINESS / ANALYSIS
May 19, 2022
Japanese ties to Sakhalin gas and oil projects uncertain amid scrutiny
As G7 countries and private enterprises alike step up efforts to oppose Putin's ongoing war in Ukraine, Tokyo is reassessing its Russian energy partnerships.
Japan Times
BUSINESS
May 17, 2022
Iraq balks at greater Chinese control of its oilfields
China's strengthening relationship with Iran has helped its position in Iraq due to Tehran's influence there, but the oil ministry is wary of ceding control over the country's key resource.
Japan Times
JAPAN
May 15, 2022
Japan says Sakhalin energy projects do not contradict Russia sanctions
A top official also said if Japan's stakes in the projects are obtained by other countries, there is a possibility that those not imposing sanctions against Russia will benefit.
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
BUSINESS / Economy
May 10, 2022
Banning Russian LNG tough without supply alternatives, Japan minister says
Trade minister Koichi Hagiuda did not rule out the possibility of LNG joining the sanction list in the future, while being mindful of Europe's dependency on Russian LNG.
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
JAPAN
May 9, 2022
G7 commits to Russian oil import ban or phaseout amid Ukraine war
Japan, a resource-poor country that has been importing Russian crude to diversify its supply sources, had been reluctant to prohibit Russian oil imports.
Japanese stripper bids to have her porn movies taken off internet
Plaintiff Miyuki Ariga (left) speaks at a news conference along with her lawyer, Yoshitomo Morohashi, after filing a lawsuit at the Tokyo District Court on Monday.
Kishida defends planned rule to revoke foreigners' residency
Prime Minister Fumio Kishida speaks during a meeting of the Lower House Judicial Affairs Committee on Wednesday.
Human bone-like objects found at Nippon Steel plant’s molten iron pot, with one worker missing
Police believe it’s highly possible that human bones found in a molten iron pot at Nippon Steel's Oita factory belong to a missing male employee.
Was Onosato's defeat of Terunofuji an era-defining bout?
Onosato (right) defeats Terunofuji at the Ryogoku Kokugikan in Tokyo on May 12. While nothing in sumo is guaranteed, it seems almost inevitable that Onosato is destined for the top of the sport's pyramid.
Man suspected of using smart glasses to cheat on Waseda University exams
The Waseda University campus in Tokyo. An 18-year-old male test-taker is suspected of using smart glasses to cheat during the university's entrance exam.
Japanese rap creates its mecca in Pop Yours
Tokyo-based artist Jumadiba says he forgoes the label of simply “rap” for his music because the Japanese rap scene isn’t confined to a particular sound.
Who’s toughest on China? Biden’s tariff tactic ups ante as election looms.
U.S. President Joe Biden speaks about new actions to protect American workers and businesses from China's "unfair" trade practices, in the Rose Garden of the White House in Washington on Tuesday.
Was Onosato's defeat of Terunofuji an era-defining bout?
Onosato (right) defeats Terunofuji at the Ryogoku Kokugikan in Tokyo on May 12. While nothing in sumo is guaranteed, it seems almost inevitable that Onosato is destined for the top of the sport's pyramid.
Ishin struggles to set itself apart from other parties
Nippon Ishin no Kai Secretary-General Fumitake Fujita (right) speaks beside Yui Kanazawa, the party's candidate in the Tokyo 15th district by-election on April 28. Nippon Ishin lost in this by-election as well as another in Nagasaki held on the same day.
In Japan, 68,000 people over 65 projected to die alone at home this year
As Japan grapples with its population's rapid aging, supporting people who live and age alone is looming larger on the policy agenda.

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