Tag - oil

 
 

OIL

Japan Times
BUSINESS
Nov 18, 2021
Asia looks to release oil reserves after U.S. request
The world's biggest economies said on Thursday they were looking into releasing oil from their strategic reserves, following a rare request from the United States.
Japan Times
BUSINESS
Nov 18, 2021
U.S. asks Japan, China and others to consider tapping oil reserves, sources say
The unusual request comes as Biden fends off political pressure over rising pump prices and other consumer costs driven by a rebound in economic activity.
Japan Times
BUSINESS
Nov 16, 2021
Saudi Arabia's race to attract investment dogged by skepticism
Foreign direct investment remains short of targets despite it being five years since Vision 2030 was launched in an attempt to end the kingdom's dependence on fossil fuels.
Japan Times
COMMENTARY / World
Nov 10, 2021
Energy’s year of recovery more like a remission
Until news of the COVID-19 vaccine broke, energy had been the worst performing sector in 2020, falling by more than half.
Japan Times
WORLD / ANALYSIS
Nov 5, 2021
Push to end oil and gas expansion takes off at COP26, but not everyone keen
Countries, development banks and national groupings have pledged to end financing new fossil fuel projects overseas, but big funders including China, Japan and South Korea have opted out.
Japan Times
BUSINESS / Economy
Nov 4, 2021
OPEC+ heads for geopolitical showdown as Biden demands more oil
Bowing to U.S. pressure and opening the taps would keep Saudi Arabia's closest ally onside, at the expense of the hard-won crude price recovery that has swelled the kingdom's coffers.
Japan Times
JAPAN
Nov 4, 2021
Japan among holdouts to deal on overseas fossil fuel funding
The U.K. has corralled about 20 nations to back a pledge to stop supporting foreign fossil fuel projects, but China and Japan aren't among them, sources say.
Japan Times
COMMENTARY / World
Oct 25, 2021
Russia’s 30-year vision is realized with Nord Stream 2
The direct link to Germany finally brings an end to Russia's dependence on former Soviet states for transporting oil and gas to Western export markets.
Japan Times
COMMENTARY / World
Oct 24, 2021
Shunning fossil fuels too soon may prove catastrophic
Renewable energy accounts for a tiny fraction of overall energy supply. The growth in renewable sources of energy fails to even meet the growth in global demand.
Japan Times
COMMENTARY / World
Oct 21, 2021
An energy crisis like no other
Transforming the world's fuel mix to mitigate climate change requires balance.
Japan Times
BUSINESS / Economy
Oct 12, 2021
Japan wholesale inflation hits 13-year high, squeezing corporate profits
Rising oil prices pushed up petroleum and coal costs by 32.4% in September, while prices of wood products spiked 48.3%.
Japan Times
WORLD
Oct 4, 2021
‘Major’ oil spill off California coast threatens wetlands and wildlife
Environmental groups said that the spill underscored the need for the state of California to move away from fossil fuels in favor of renewable energy.
Japan Times
BUSINESS
Sep 27, 2021
China’s power crisis moves from the factory floor to homes
China's energy crisis is beginning to hit people where they live, adding the risk of social instability to an economic slowdown and global supply chain disruptions.
Japan Times
BUSINESS
Sep 26, 2021
China’s power crunch is next economic shock beyond Evergrande
A crackdown on power consumption is being driven by rising demand for electricity and surging coal and gas prices as well as strict targets from Beijing to cut emissions.
Japan Times
BUSINESS
Sep 21, 2021
BP gambles big on fast transition from oil to renewables
All oil majors face mounting pressure from regulators and investors worldwide to develop cleaner energy and divest from fossil fuels.
Japan Times
COMMENTARY / World
Sep 5, 2021
Oil producers enjoy the calm before the 2022 storm
Oil producers may have to forgo future output increases, and perhaps even reimpose cuts, if they are to prevent stockpiles from rising again.
Japan Times
WORLD
Sep 5, 2021
Divers to try to locate source of reported oil spill in Gulf of Mexico after Hurricane Ida
A dive team will try to locate the source of a suspected oil spill spotted in the Gulf of Mexico on Sunday, after Hurricane Ida wreaked havoc in the region last week.
Japan Times
BUSINESS / FOCUS
Aug 26, 2021
Asia's richest man is going green but still getting rich off oil
Mukesh Ambani may now build solar panels, but his oil-related businesses deliver nearly 60% of his company's $73-billion annual revenue.
Japan Times
BUSINESS / Companies
Aug 19, 2021
UAE sells another blue ammonia shipment to Japan in push toward hydrogen
Seen as crucial to the future of global energy, blue ammonia is made from hydrogen and emits only water vapor when burned.
Japan Times
WORLD
Aug 11, 2021
Climate change report exposes fault lines within fossil fuel industry
Responses range from the defensive to calling on governments to take the lead on a transition to a future of cleaner energy.

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