Tag - oil

 
 

OIL

Japan Times
ENVIRONMENT
May 22, 2015
Oil-fouled California beach could take months to clean up; slicks spread offshore
Cleanup crews labored through a third day to scoop up patches of crude oil from a pipeline spill that closed two California state beaches and fouled offshore waters, shattering an environmental balance that U.S. Coast Guard officials said on Thursday may take months to restore.
Japan Times
WORLD
May 21, 2015
Workers toil after massive oil pipeline spill fouls California beach, offshore area
Cleanup crews fanned out on Wednesday across an oil-fouled California beach to scoop up gobs of petroleum spewed from a ruptured pipeline in the largest oil spill to hit the pristine but energy-rich Santa Barbara coastline in nearly two decades.
EDITORIALS
May 20, 2015
Too much emphasis on coal power
The Abe administration is placing far too much weight on coal in formulating the national energy policy.
ASIA PACIFIC
May 18, 2015
Singapore calls on Iran to investigate tanker shooting incident
The Maritime and Port Authority of Singapore (MPA) said Monday that it has requested the Iranian maritime authorities to investigate an incident last week when Iranian vessels fired shots at a Singapore-flagged tanker in the Persian Gulf.
WORLD
May 15, 2015
Iran warship fires warning shots at Singapore-flagged tanker in Gulf
Iranian naval vessels fired shots at a Singapore-flagged tanker in the Gulf on Thursday in what appeared to be the country's latest attempt to settle a legal dispute by force with a passing commercial vessel, U.S. officials said.
WORLD / Politics
May 7, 2015
Left turn in Canada's oil-rich Alberta stuns energy industry
Canadian oil and gas shares tumbled and the country's main stock index hit a one-month low on Wednesday, after the leftwing New Democratic Party surged to power in the oil-rich province of Alberta on promises that included energy industry reforms.
BUSINESS / Companies
Apr 28, 2015
Abu Dhabi taps Inpex to join $22 billion oil project
Inpex Corp. is joining Total SA to develop the main onshore oil deposits in the United Arab Emirates as Abu Dhabi picks new partners for a $22 billion effort to pump crude from its largest fields.
Japan Times
BUSINESS / Companies
Apr 27, 2015
Inpex to acquire interest in crude oil field in Abu Dhabi
Energy developer Inpex Corp. aims to acquire a 40-year interest in a crude oil field in Abu Dhabi, the United Arab Emirates, for $1.1 billion, sources close to the matter said Monday.
BUSINESS
Apr 27, 2015
Mideast supply disruption threat sends oil trading to near four-month high
Oil traded near the highest price since December on concern that Middle East supplies may be disrupted as Saudi Arabia expanded its military campaign against Yemen.
WORLD
Apr 1, 2015
Houthis rebels seize Yemen base near key shipping lane; Saudis target advance on Aden
Yemen's Houthis seized an army base overlooking a key shipping lane in the Red Sea, while Saudi Arabia said its bombing campaign has contained the rebel advance toward the port of Aden.
BUSINESS / Economy
Mar 31, 2015
Oil imports slide 7.5% in February
The nation imported 7.5 percent less crude oil last month from a year earlier, down for the fourth consecutive month, a government agency said Tuesday.
Japan Times
WORLD
Mar 27, 2015
Saudi bombs prop up failing ally in Yemen after Shiite rebel gains
Saudi Arabia led airstrikes against Shiite rebels in Yemen as it seeks to prop up an allied government facing the loss of its last remaining stronghold.
Japan Times
BUSINESS
Mar 27, 2015
Oil leaps 5%, most in a month, on Saudi-led airstrikes in Yemen
Oil jumped about 5 percent on Thursday, the biggest daily gain in a month, as airstrikes in Yemen by Saudi Arabia and its Gulf Arab allies sparked fears that escalation of the Middle East battle could disrupt world crude supplies.
BUSINESS / Companies
Mar 25, 2015
Trader Sumitomo braces for worst losses since 1997
Sumitomo Corp. said it expects an annual loss of ¥85 billion ($711 million), more than four times the number forecast by analysts, after the trading house posted additional write-downs on its resources investments.
Japan Times
COMMENTARY / World
Mar 13, 2015
How long will the price of oil remain low?
The real struggle over cheap oil prices is between the 'frackers' and Saudi Arabia, because the latter is the 'swing producer' in the OPEC cartel. Regardless of which side wins, the game should end in two years.
ASIA PACIFIC
Mar 8, 2015
China defends island-building in South China Sea
China's foreign minister on Sunday defended his government's controversial policy of reclamation on disputed isles in the South China Sea, which has sparked regional concern, and said Beijing is not seeking to overturn the international order.
Japan Times
WORLD
Mar 6, 2015
Islamic State torches oil field near Tikrit as militia advance
Islamic State militants have set fire to oil wells northeast of the city of Tikrit to obstruct an assault by Shiite militiamen and Iraqi soldiers trying to drive them from the Sunni Muslim city and surrounding towns, a witness said.
COMMENTARY / World
Mar 4, 2015
No, Obama, Russia's economy isn't in tatters
It's time to bury the expectation that Russia's economy will fall apart under pressure from falling oil prices and Western sanctions, and that Russians, angered by a drop in their living standards, will rise up and sweep President Vladimir Putin out of office.
BUSINESS / Markets
Feb 19, 2015
Nikkei closes in on 15-year high thanks to surge in optimism
Bolstered by optimism about the economy, the Nikkei 225 stock average ended up 65.62 points to 18,264.79, its highest close since May 2000.
Japan Times
WORLD
Feb 18, 2015
Oil train fireball seen adding pressure for U.S. safety decision
Video images of a fireball boiling from the wreckage of a derailed train hauling Bakken crude are adding to pressure on federal regulators to act on new safety standards for oil shipments.

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