Tag - oil

 
 

OIL

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 16, 2020
Egos and U.S. fracking trigger Russia-Saudi oil price war
The fight between Russia and Saudi Arabia looks like a personal struggle between the leaders of the two countries as well as a broadside at the U.S. fracking industry.
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.
WORLD / Science & Health
Jan 16, 2020
Florida plans biggest purchase of Everglades land in a decade to protect it from drilling
Florida has reached a deal with a private real estate firm to buy a large swath of environmentally sensitive wetlands in the heart of the Everglades to spare the tract from oil drilling, the governor announced on Wednesday.
BUSINESS
Jan 9, 2020
Japan pump price reaches ¥150 yen for first time in 7 months
The average retail price of regular gasoline exceeded ¥150 per liter this week for the first time in about seven months, and is expected to rise further next week amid escalating tensions between the United States and Iran.
Japan Times
JAPAN / ANALYSIS
Jan 3, 2020
Japan SDF mission in focus after U.S. assassination of top Iranian Gen. Qassem Soleimani
The SDF unit deploying next month was to independently patrol a quiet area south of the Hormuz Strait, but now it might have a target on its back.
BUSINESS
Dec 29, 2019
Protesters shut down Iraq's Nassiriya oil field
Protesters broke into Iraq's southern Nassiriya oil field on Saturday and forced employees to cut off electricity from its control station, taking the field offline until further notice, a security source and two oil sources said.

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Visitors walk past Sou Fujimoto's Grand Ring, which has been recognized as the largest wooden structure in the world.
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