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May 02, 2024
 

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OIL

Seiichiro Nishioka, an outside director, apologizes at a news conference on Tuesday.
BUSINESS / Companies
Dec 19, 2023
Japan's Eneos dismisses president for hugging woman while drunk
The scandal is another blow to the firm, whose former CEO was forced to step down last year amid a report that he sexually harassed a hostess at a bar.
A climate activist arranges artwork expressing opposition to fossil fuels at Dubai's Expo City during the United Nations Climate Change Conference COP28 in Dubai on Dec. 12.
ENVIRONMENT / Climate change
Dec 19, 2023
COP28 deal on fossil fuels puts new focus on 'just transition'
From coal miners to offshore oil rig engineers, 32 million people who work in the fossil fuel industry face losing their livelihoods.
Michael Bloomberg, U.N. special envoy for climate ambition and solutions, speaks during a summit on methane and other greenhouse gases at COP28 in Dubai on Dec. 2.
COMMENTARY / World
Dec 18, 2023
What did COP28 achieve?
With pledges to cut methane, among other achievements, COP28 may have helped reduce the costs of decarbonization — an essential stepping stone.
A man walks past a pollution pod designed to mimic the air quality in New Delhi, during the COP28 summit in Dubai, on Dec 4.
ENVIRONMENT / Climate change
Dec 15, 2023
How the world agreed to move away from fossil fuels at COP28
This year's climate conference marked the first time in history countries expressed a unified desire to end the oil age.
A deal was reached at the eleventh hour of COP28 in Dubai on Wednesday, with countries committing to transition away from fossil fuels to meet climate goals.
COMMENTARY / World
Dec 14, 2023
It’s time to kick our addiction to fossil fuels
The COP28 deal is historic in that it calls for a transition away from fossil fuels for the first time, but it's too weak to tackle the climate emergency.
An undated file photo shows Diego Garcia, the largest island in the Chagos archipelago and site of a major United States military base in the middle of the Indian Ocean, leased from Britain in 1966.
ASIA PACIFIC / Politics
Dec 14, 2023
Indian Ocean could become China's Achilles' heel in war on Taiwan
A struggle to protect energy lifelines even as demands increase could make a protracted war over Taiwan difficult for Beijing to sustain.
Wiring connects photovoltaic panels at the Al Dhafra Solar project, constructed by Electricite de France (EDF) and Jinko Power Technology, in Abu Dhabi, United Arab Emirates, in January.
ENVIRONMENT / Climate change
Dec 13, 2023
China’s pressured clean energy industry sees Saudi potential
Saudi Arabia is said to offer benefits including low-cost electricity, good relations with other countries and a central location.
COP28 President Sultan Al Jaber, of the United Arab Emirates, addresses the plenary, after a draft of a negotiation deal was released, at the COP28 United Nations Climate Change Conference in Dubai on Wednesday.
ENVIRONMENT / Climate change
Dec 13, 2023
Nations strike deal at COP28 to transition away from fossil fuels
More than 100 countries had lobbied hard for strong language in the deal to "phase out" oil, gas and coal use, but came up against powerful opposition.
A pollution pod designed to mimic the air quality in New Delhi sits during the United Nations Climate Change Conference (COP28) in Dubai on Tuesday
ENVIRONMENT / Climate change
Dec 13, 2023
Without fairness, fossil fuel phase-out flounders at COP28
Developing countries emphasized that they could not embark on the journey toward renewables in the absence of clear guarantees of international support.
An oil pump outside Saint-Fiacre, near Paris, in 2019
BUSINESS
Dec 13, 2023
Big Oil's bid to woo ESG investors fails to impress
A pledge by 50 of the biggest oil and gas companies at the U.N. climate talks in Dubai commits to reaching near-zero methane emissions by 2030.
COP28 President Sultan Ahmed Al Jaber gives a press conference at the United Nations Climate Change Conference in Dubai on Dec. 4.
COMMENTARY
Dec 8, 2023
Climate solutions are debatable, but science is inescapable
How we set environmental policies depends on how we interpret the facts.
COP28 President Sultan Al Jaber in Dubai on Monday
ENVIRONMENT / Climate change
Dec 12, 2023
COP28 summit goes into overtime with new draft deal in works
The UAE's Sultan Al Jaber has the task of getting almost 200 countries to agree to a text that will govern the global fight against climate change.
The COP28 climate conference is being held at Expo City Dubai for a total of 100,000 attendees, 2,000 of which are from fossil fuel companies.
COMMENTARY / World
Dec 11, 2023
COP28 like a trade show? That’s not a bad thing.
Some lament the presence of many fossil fuel representatives among the 100,000 attendees of COP28 in Dubai, failing to recognize their key role.
Delegates arrive at Dubai's Expo City during COP28 on Saturday
ENVIRONMENT / Climate change
Dec 9, 2023
Oil is everywhere at COP28, vexing those seeking its demise
To many of the activists in attendance, the prominence of the oil and gas industry is a travesty.
Shipping containers at a commercial port in Vladivostok, Russia, in August
BUSINESS
Dec 9, 2023
Putin's economic challenges are numerous — but surmountable — as election looms
Russia's success in evading a Western oil price cap is helping drive a recovery in economic growth.
North Korean leader Kim Jong Un speaks during an event in Pyongyang. Smuggling efforts could be directly linked to the North's military ambitions, analysts have said.
ASIA PACIFIC / Politics
Dec 8, 2023
North Korean smugglers disguised under Pacific island flags
With strict sanctions limiting Pyongyang's ability to import fuel, smugglers have adopted increasingly creative methods.
Abdulaziz bin Salman, Saudi Arabia's energy minister, during an interview at the Energy Ministry in Riyadh on Monday
ENVIRONMENT / Energy
Dec 5, 2023
Saudi Arabia says 'absolutely not' to oil phaseout at COP28
About 200 countries must come to a consensus decision at the meeting in Dubai.
Sultan Ahmed Al Jaber speaks during day three of the COP28 climate conference in Dubai on Saturday.
WORLD / Science & Health
Dec 4, 2023
COP28 president’s fossil-fuel phaseout talk draws condemnation
The comments have raised questions over whether the conference will be able to unite behind a strong pledge targeting the elimination of fossil fuels.
U.S. Vice President Kamala Harris, speaks at a high-level segment at the COP28 climate conference in Dubai on Saturday.
WORLD / Politics
Dec 3, 2023
U.S. lays out plan at COP28 to slash methane emissions from oil and gas
The rules, two years in the making, were announced by U.S. officials at the United Nations COP28 climate change conference in Dubai.
World leaders prior to the opening ceremony of the COP28 summit in Dubai on Friday.
ENVIRONMENT / Climate change
Dec 2, 2023
A tense climate summit begins amid wars and record heat
At the U.N. climate conference in Dubai, a parade of dignitaries invoked faith, science and economics in their calls for a rapid energy transition.
'So hot you can't breathe': Extreme heat hits the Philippines
A pedestrian cools himself with a folding hand fan as he waits for a ride along a road in Manila on Wednesday, as extreme heat hit the Philippines.
Did Japan intervene to prop up the yen? Analysts think it did.
A man walks past an electronic board displaying the exchange rate for the yen against the U.S. dollar (right) in Tokyo on Tuesday.
Town to block view of Mount Fuji in response to overtourism
The town government of Fujikawaguchiko, Yamanashi Prefecture, decided to set up a 2.5-meter-high screen to prevent tourists from taking pictures of Mount Fuji looming behind a convenience store.
Number of vacant homes in Japan hits record high of 9 million
A vacant house in Tokyo is seen demolished in January 2020.
Weak yen fattens tourist wallets in Japan
People visit the Ameya Yokocho market in Tokyo's Ueno district during the Golden Week holiday on Tuesday.
Kishida sets sights on energy and climate in South America trip
Prime Minister Fumio Kishida will use a policy speech in Sao Paulo to set out his vision for ties between Japan and South America, almost 10 years after former Prime Minister Shinzo Abe advocated for stronger ties between the two in the same city.
Yellow sand allergy: A health issue made worse by climate change
A screenshot of the Meteorological Agency's satellite image of clouds and yellow sand (in pink) on Sunday.
Climate change, chalky grains and the risks for Japan’s rice farmers
A farmer plants seedlings in Satsumasendai, Kagoshima Prefecture. Japan’s self sufficiency rate for rice is nearly 100%, compared with 38% for food overall, on a calorie basis.
Japan wants you to spend more with ‘luxury tourism’
Performers play a traditional drum unique to Wajima, Ishikawa Prefecture, in the prefectural capital of Kanazawa on March 16 to mark the extension of the Hokuriku Shinkansen line to Tsuruga Station in Fukui Prefecture.
Theaster Gates’ ambitious ‘Afro-Mingei’ brings Black Chicago to Tokyo
Theaster Gates' “A Heavenly Chord” lines up church pews before seven speakers and a Hammond B3 organ, a type of electric organ prevalent in Black American churches.

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