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May 19, 2024
 

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U S OIL

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.
BUSINESS
Feb 17, 2015
Crude oil trades near two-month high as drilling slows in U.S., Libya pipeline fire slows flow
Oil traded at an almost two-month high in London amid speculation that a slowdown in U.S. drilling may curb production.
Japan Times
WORLD
Feb 17, 2015
CSX oil train derails in West Virginia; at least two cars on fire; towns evacuated
A CSX Corp. train hauling crude derailed in West Virginia on Monday, setting at least two cars ablaze and forcing the evacuation of two nearby towns in the second significant oil-train incident in three days.
COMMENTARY / World
Feb 16, 2015
Your toothpaste is destroying Asia's rainforests
You probably had some palm oil today, which is found in roughly half of the products sold in modern supermarkets. It is the cause of one of the world's biggest environmental catastrophes, the decimation of Southeast Asia's rainforests.
Japan Times
BUSINESS / Markets
Feb 14, 2015
Aso's yen remarks edited in website posting by Finance Ministry
Some comments made by Finance Minister Taro Aso last month on the benefits of a weaker yen are missing in an outline of his remarks posted on his ministry's website.
BUSINESS / Economy
Feb 9, 2015
Current account surplus hit record low in 2014
The current account surplus was the smallest in 2014 since comparable data became available in 1985, with the trade deficit swelling thanks to a surge in gas imports and a weaker yen, government data showed on Monday.
BUSINESS
Feb 9, 2015
Fuel-cost drop cuts Tepco bond risk to post-3/11 low
Tokyo Electric Power Co.'s bond risk fell to the lowest since the 2011 tsunami wrecked its Fukushima No. 1 atomic plant, as lower fuel costs buoyed earnings of Japan's utilities.
South Korea couple beat same-sex barriers to parenthood
South Korean lesbian couple Kim Kyu-jin (left) and her wife, Kim Sae-yeon, pose with a "pregnant woman" badge during an interview in Seoul last month.
Japan unveils new overtourism countermeasures
The majority of tourists in Japan tend to stay in Tokyo, Osaka or Kyoto, resulting in overcrowding in popular tourist spots and a strain on transportation systems.
Opportunities await the bold in the Year of the Wood Dragon
2024 marks the Year of the Dragon in the Chinese zodiac, with the year predicted to be a good time for fresh starts.
Don’t worry about global population collapse
Most projections show the world will hit peak humanity in the 21st century as people choose to have smaller families and women gain power over their own reproduction.
Japan pharma startup developing world-first drug to grow new teeth
A new tooth is seen in a ferret's mouth after it was administered a drug to stimulate the growth of tooth buds.
Can AI-generated inventions be patented? A Tokyo court says no.
The Tokyo court's ruling comes amid ongoing debates on how to regulate generative AI and is part of a transnational class action lawsuit.
A new initiative rethinks old Tohoku crafts
The colored patterns of Tsuguru "nuri," made in Aomori Prefecture, are achieved by applying multiple coatings of lacquer, which are later polished down to reveal layers of colors beneath.
Xi and Putin mark ‘new era’ amid efforts to counter U.S. ‘containment’
Russian President Vladimir Putin and Chinese President Xi Jinping attend an event in Beijing on Thursday. During Putin's visit, the leaders showed off their growing alignment amid efforts to push back against the U.S.-led world order.
Unraveling the Japanese prose of Yukio Mishima
Author Yukio Mishima accepts the Arts Festival Award in the drama category at the 20th Arts Festival Award Ceremony on Jan. 22, 1966.
New Taiwan president to set tone for ties with China at inauguration
Taiwan President-elect Lai Ching-te arrives at the CyberSec 2024 Exhibition in Taipei on Wednesday.

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