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May 05, 2024
 

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U S OIL

Japan Times
BUSINESS
Nov 1, 2022
Biden warns oil firms he’ll seek tax on ‘windfall’ profits
Many Democrats have unsuccessfully sought a so-called windfall profit tax for more than a decade.
Japan Times
BUSINESS
Oct 27, 2022
Russia crisis heralds turning point for global energy, IEA says
Demand for all fossil fuels is set to hit a plateau as governments seek to shield themselves from the crisis by diversifying toward clean energy, the Paris-based agency said.
Japan Times
WORLD
Oct 24, 2022
Fossil fuel profits can easily cover climate losses, report says
Economic losses in climate-vulnerable countries have totaled more than half a trillion dollars, yet the fossil fuel industry's profits were enough to counterbalance that several times over.
Japan Times
BUSINESS / FOCUS
Oct 22, 2022
Russia poised to largely skirt new G7 oil price cap
Moscow can access enough tankers to ship most of its oil beyond the reach of a new Group of Seven price cap, industry players and a U.S. official said.
Japan Times
WORLD
Oct 18, 2022
Renewables have saved EU $11 billion in gas imports since Ukraine war
Clean power covered 24% of the EU's energy needs between March and September this year, the highest ever for this six-month period.
Japan Times
BUSINESS / Companies
Oct 18, 2022
Japan will continue talks with stakeholders to decide on Sakhalin-1 project
The industry ministry owns 50% of Sakhalin Oil and Gas Development Co., a consortium of Japanese partners including private firms, that holds a 30% stake in Sakhalin-1.
Japan Times
BUSINESS
Oct 18, 2022
Exxon exits Russia empty-handed with oil project 'unilaterally terminated'
An Exxon spokesperson declined to comment on whether it will proceed to contest the seizure through an international arbitration process, a possibility flagged in August.
Japan Times
WORLD / Politics
Oct 17, 2022
Over a barrel, Biden faces tough options with Saudis
Despite growing action on climate change, the United States is decades away from being insulated from high oil prices.
Japan Times
WORLD
Oct 12, 2022
Biden vows to punish Saudis but struggles to calibrate response
The president would only say he was 'in the process” of evaluating consequences for the kingdom.
Japan Times
BUSINESS
Oct 8, 2022
Putin orders seizure of Exxon-led Sakhalin-1 oil and gas project
Russian President Vladimir Putin on Friday signed a decree that creates a new operator for the Exxon Mobil Corp-led Sakhalin-1 oil and gas project in Russia's Far East.
Japan Times
COMMENTARY / World
Oct 7, 2022
The Saudi-Russian oil axis snubs the West with production cuts
Coming weeks before the U.S. midterm elections, many also see the move to cut oil production as a personal attack on President Joe Biden.
Japan Times
BUSINESS
Oct 6, 2022
In rebuke to West, OPEC and Russia aim to raise oil prices with big supply cut
U.S. President Joe Biden and European leaders have urged more oil production to ease gasoline prices and punish Moscow for its aggression in Ukraine.
Japan Times
COMMENTARY / World
Oct 5, 2022
Peak oil has finally arrived. No, really.
With the U.S. Fed's willingness to send the U.S. economy into a recession to bring inflation back on target, oil production may soon enter terminal decline as a result.
Japan Times
WORLD / Politics
Oct 4, 2022
OPEC+ production cut poses new threat to Biden as election nears
More than a month after tweeting he had vanquished 'Putin's price hike at the pump,” the U.S. president faces forces on gasoline prices that even Washington can't match.
Japan Times
BUSINESS
Oct 3, 2022
OPEC+ considering major production cut to prop up oil prices
A cut would also mark a major turnaround in policy for OPEC+, which includes Russia.
Japan Times
COMMENTARY / World / Geoeconomic Briefing
Oct 3, 2022
How effective are the West's sanctions on Russia?
With Russia still able to sell crude oil and gas to other nations, the country is still pulling in money to fund its war in Ukraine, leaving the real effect of economic sanctions unclear.
Japan Times
WORLD
Oct 2, 2022
Gas outflow from last Nord Stream leaks has ended, Denmark cites company as saying
A total of four leaks were discovered on the Nord Stream 1 and 2 pipelines in the Baltic Sea near Denmark and Sweden last week.
Japan Times
BUSINESS
Oct 1, 2022
Japan to extend oil subsidy program to next spring to curb price hikes
Subsidies to curb the impact of a surge in gasoline and other fuel prices began in late January to keep the average retail price of gasoline at u00a5168 per liter.
Japan Times
MORE SPORTS
Sep 27, 2022
With a gamer prince and oil billions, Saudi Arabia turns to esports
The world's biggest oil exporter has leveraged its immense wealth to assert itself on the esports stage, hosting glitzy conferences and snapping up established tournament organizers.
Japan Times
ASIA PACIFIC / Politics
Sep 27, 2022
As Ukraine war grinds on, Saudi influence grows
Before the war, Saudi Arabia — and Crown Prince Mohammed in particular — was still struggling to overcome diplomatic isolation resulting from the 2018 killing of journalist Jamal Khashoggi.
Japan says Biden's description of nation as xenophobic is 'unfortunate'
The National Diet building in Tokyo
G7 eyes plan on U.S.-led $50 billion aid package for Ukraine
A local resident visits the Lychakiv cemetery in Lviv, Ukraine, on Thursday. The U.S. is in talks with close partners to lead a group of allies that would give as much as $50 billion in aid to Ukraine.
With eye on China, defense chiefs agree to bolster interoperability
From left: U.S. Secretary of Defense Lloyd Austin, Australian defense chief Richard Marles, Japanese Defense Minister Minoru Kihara and Philippine Defense Secretary Gilberto Teodoro hold a joint news conference in Honolulu on Thursday.
The 'outsiders' creating some of Japan's greenest spaces
Rows of irises resemble a rice field at the Peter Walker-designed Toyota Municipal Museum of Art.
Japan drops to 70th in press freedom rankings
A businessman reads a newspaper outside a train station in Tokyo.
'Monster' Inoue ready to tear down Luis Nery in title defense at Tokyo Dome
Naoya Inoue (left) and Luis Nery following a pre-fight news conference in Yokohama on Saturday, two days ahead of their super bantamweight title fight.
Debate on constitutional revision at a standstill despite Kishida's pledges
With less than two months left before the conclusion of the current session of parliament, any possibility that Prime Minister Fumio Kishida can deliver constitutional reform before the end of his term as Liberal Democratic Party president in late September, as he has promised, appears remote.
Sapporo court ruling on Ainu fishing rights presents tough questions
A traditional Ainu preserved food called <i>satchep</i> (dried fish) being made at the government-run National Ainu Museum and Park, nicknamed Upopoy, in the town of Shiraoi, Hokkaido, on Dec. 25. The Sapporo District Court ruled last month that the Raporo Ainu Nation's rights as an Indigenous people did not extend to having an inherent right to fish for commercial reasons.
With eye on China, defense chiefs agree to bolster interoperability
From left: U.S. Secretary of Defense Lloyd Austin, Australian defense chief Richard Marles, Japanese Defense Minister Minoru Kihara and Philippine Defense Secretary Gilberto Teodoro hold a joint news conference in Honolulu on Thursday.
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.

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Longform

Rows of irises resemble a rice field at the Peter Walker-designed Toyota Municipal Museum of Art.
The 'outsiders' creating some of Japan's greenest spaces
By Stephen Mansfield

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