Tag - oil

 
 

OIL

Japan Times
COMMENTARY / World
May 19, 2020
How will COVID-19 reshape Asia’s energy future?
Impacts on the energy realm could have ripple effects for geopolitics more generally.
Japan Times
BUSINESS
May 11, 2020
In post-lockdown era, car usage could rebound as people avoid public transport
As lockdowns ease and parts of the world reopen for business, driving has emerged as the socially distant transportation mode of choice.
Japan Times
ASIA PACIFIC / Politics
Apr 27, 2020
High-seas energy fight off Malaysia draws U.S. and Chinese warships
U.S. Secretary of State Michael Pompeo has accused China of 'exploiting” the world's focus on the COVID-19 pandemic with provocations in the South China Sea.
Japan Times
COMMENTARY / World
Apr 23, 2020
Oil: The perfect storm
The collapse of production and investment in the oil industry is hard on the millions of people who make their livings from it, but the writing has been on the wall for some time.
Japan Times
BUSINESS
Apr 22, 2020
Japan pump price down for 13th straight week
The average retail gasoline price in Japan as of Monday fell ¥1 from a week before to ¥130.9 per liter, down for the 13th consecutive week, the Agency for Natural Resources and Energy said Wednesday.
Japan Times
BUSINESS / Economy
Apr 13, 2020
OPEC and Russia approve biggest-ever oil cut amid pandemic
After four days of talks, the group known as OPEC Plus has agreed to reduce output by 9.7 million barrels per day for May and June.
Japan Times
BUSINESS / Companies
Apr 8, 2020
After cuts by other major oil producers, Exxon chops spending by 30%
Exxon Mobil Corp on Tuesday throttled back a multi-year investment in shale, LNG and deep water oil production and will cut planned capital spending by 30 percent this year as the COVID-19 pandemic saps energy demand and oil prices.
Japan Times
BUSINESS / FOCUS
Apr 3, 2020
Trump’s push for huge deal to cut oil supply draws disbelief
With just one tweet, U.S. President Donald Trump conjured up the prospect of a global oil alliance to rescue the industry from the worst shock in history. The question is whether it evaporates just as quickly.
Japan Times
BUSINESS / Companies
Apr 1, 2020
Oil worker at BP's Alaska facility tests positive for new coronavirus
A worker at BP Plc's operation in Alaska's North Slope has tested positive for the novel coronavirus that has killed more than 42,000 people worldwide, the company confirmed Tuesday.
Japan Times
BUSINESS
Mar 27, 2020
Fossil-fuel giant Russia tiptoes toward low-carbon future
Fossil fuel-rich Russia has for the first time set out a greener economic path for the coming three decades, in a long-term, low-carbon development plan released this week.
Japan Times
COMMENTARY / World
Mar 10, 2020
Coronavirus unleashes economic warfare
The face-off between Saudi Arabia and Russia is a potent reminder of just how rapidly countries are taking the gloves off when it comes to economic confrontation.
Japan Times
BUSINESS
Mar 7, 2020
Collapse of OPEC talks blows hole in Russian-Saudi alliance
OPEC talks with Russia have ended in dramatic failure, auguring the end of a diplomatic alliance between Riyadh and Moscow that has underpinned crude prices and changed the balance of power in the Middle East.
Japan Times
BUSINESS
Mar 7, 2020
Trump's biofuel plan sparks anger in farm country
President Donald Trump's decision to defend the U.S. government's power to broadly exempt oil refineries from biofuel-blending requirements is triggering a backlash in Iowa and other states that are top producers of ethanol and the corn used to make it.
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.

Longform

Tetsuzo Shiraishi, speaking at The Center of the Tokyo Raids and War Damage, uses a thermos to explain how he experienced the U.S. firebombing of March 1945, when he was just 7 years old.
From ashes to high-rises: A survivor’s account of Tokyo’s postwar past