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May 02, 2024
 

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OIL

Japan Times
BUSINESS / Economy
Dec 20, 2022
Japan sounds out refiners on buying Russian oil from Sakhalin-2, sources say
The Sakhalin Island complex, partly owned by Gazprom and Japanese companies, is vital to Japan's energy security as it accounts for 9% of the country's liquefied natural gas imports.
Japan Times
BUSINESS
Dec 19, 2022
Investors boost pressure on Big Oil firms to set 2030 climate targets
The move revives pressure on the sector after a year that saw governments shift their focus to energy security.
Japan Times
COMMENTARY / World
Dec 18, 2022
Are Europe’s Russia sanctions a shot in the foot?
If the European Union is enduring severe economic pain while Russia's Ukraine war proceeds apace, sanctions become tantamount to self-flagellation.
Japan Times
BUSINESS / Companies
Dec 16, 2022
Coal’s surge won’t stop Idemitsu selling Australian mine stake
The firm is in talks with several entities interested in acquiring its 85% stake in the Ensham mine in Queensland, said President Shunichi Kito.
Japan Times
WORLD
Dec 12, 2022
Big Oil does little to act on climate despite vows, U.S. House panel says
Documents show major oil companies discussing the strategy of selling off oil and gas fields to smaller companies to lower their own emissions.
Japan Times
ASIA PACIFIC / Politics
Dec 10, 2022
China's Xi promotes Mideast security and energy ties at Saudi summits
Chinese President Xi Jinping has touted close security and energy ties with Gulf nations during summits in Saudi Arabia that have highlighted tensions with Washington.
Japan Times
WORLD / Politics
Dec 8, 2022
Xi begins 'epoch-making' visit to Saudi Arabia as Riyadh chafes at U.S. censure
The White House said the Chinese leader's visit was an example of attempts to exert influence, and that this would not change U.S. policy toward the Middle East.
Japan Times
WORLD / ANALYSIS
Dec 7, 2022
G7's Russian oil price cap evolves from revenue squeeze to market anchor
Analysts said the cap will have little immediate impact on the oil revenues that Moscow is currently earning to fund its war machine.
Japan Times
BUSINESS
Dec 5, 2022
Europe’s new sanctions on Russian oil are set to kick in. But what changes?
After months of planning and negotiations, the biggest tranche of sanctions on Russian oil to date take effect on Monday. How big their impact will be remains uncertain.
Japan Times
BUSINESS
Dec 3, 2022
G7 and EU agree on oil price cap to reduce Russia war funding
The embargo will prevent shipments of Russian crude by tanker vessel to the EU, which account for two thirds of imports, potentially depriving Russia's war chest of billions of euros.
Japan Times
WORLD / Politics / ANALYSIS
Nov 30, 2022
Venezuela's revived opposition talks highlight strengthened Maduro position
The opposition has struggled to recover from the exile and imprisonment of some of its leaders, as well as internal divisions, according to analysts.
Japan Times
BUSINESS
Nov 28, 2022
Putin’s war leaves West more reliant than ever on Asian fuel
As Europe and the U.S. cut their dependence on Russian petroleum, they are facing shortages at home. That's opening opportunities for mega-refineries in places like China and Kuwait.
Japan Times
WORLD
Nov 27, 2022
Breakthrough in Venezuela talks spurs U.S. to ease embargo
The agreement could potentially ease a massive flow of refugees from Venezuela throughout the region, and even impact world oil markets.
Japan Times
WORLD
Nov 24, 2022
G7 and allies hit snag over setting price cap on Russian oil
The plan is close to being finalized and must be in place before an EU embargo on Russian oil imports kicks in Dec. 5.
Japan Times
BUSINESS / Markets
Nov 22, 2022
World's most-crucial fuel heads for shortage touching everything
The shortage comes at a time when supply crunches in nearly all the world's energy markets have worsened inflation and stifled growth.
Japan Times
JAPAN
Nov 21, 2022
Human rights and environment become key in procuring palm oil
The problem of child labor at farms and deforestation caused by farm development are increasingly attracting attention.
Japan Times
BUSINESS / Economy
Nov 15, 2022
Russia allows Japan to keep stake in Sakhalin-1 oil and gas project
Tokyo had presented its policy of maintaining Japan's interest in Sakhalin-1, hoping to reduce the country's oil dependence on the Middle East, which stands at about 90%.
Japan Times
WORLD
Nov 8, 2022
Even as Egypt hosts climate summit, selling fossil fuels is a priority
To the government in Cairo, a Europe in sudden need of natural gas is a very good thing.
Japan Times
BUSINESS
Nov 6, 2022
Biden feud with Big Oil ratchets up just as world needs more U.S. oil
The tensions come at a fraught moment for both the country and the rest of the world.
Japan Times
WORLD
Nov 5, 2022
As clock ticks on G7's Russia oil price cap, big questions remain
Just a month before G7 nations plan to cap the price of Russian oil, officials are racing to finalize details, leaving traders, shippers and insurers with questions about how it will work.
'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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