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November 22, 2024
 

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EXXON

Smoke billows from a chimney at a combined-cycle gas turbine power plant in Drogenbos, Belgium, on Dec. 6, 2023.
ENVIRONMENT / Climate change
Nov 4, 2024
The world promised to tame methane, but emissions are still rising
World leaders and fossil fuel executives have declared tackling methane — and doing so quickly — a crucial priority.
An ammonia tank at JERA's Hekinan thermal power station in Aichi prefecture. JERA and Exxon Mobil will jointly work on a low-carbon hydrogen and ammonia production project in the United States.
BUSINESS / Companies
Mar 25, 2024
JERA and Exxon to explore development of hydrogen and ammonia production project in U.S.
Exxon is developing what is expected to be the world's largest low-carbon hydrogen production plant at its Baytown Complex east of Houston in Texas.
Pump jacks in an oil field in Midland, Texas. Big Oil is responsible for the bulk of human-induced greenhouse gas emissions and pressure for action is building.
BUSINESS
Oct 7, 2023
Exxon Mobil's megadeal to test climate-aware shareholders
Negotiations between Exxon and Pioneer are advanced but have not yet led to an agreement over the acquisition.
Oil pump jacks in Tatarstan, Russia, on June 4
BUSINESS / Companies
Sep 21, 2023
Oil companies cautious about drilling as energy transition looms
Instead of spending big to boost output, oil companies are boosting dividends or buying back shares to reward investors.
Exxon Mobil projects the world will reach 25 billion metric tons of energy related carbon dioxide emissions in 2050.
ENVIRONMENT / Climate change
Aug 29, 2023
Exxon says world set to fail global warming cap by 2050
The largest U.S. oil producer projects the world will reach 25 billion metric tons of energy related carbon dioxide emissions in 2050.
Japan Times
COMMENTARY / World
May 26, 2023
What Exxon won’t tell you about climate costs
Society might be willing to make sacrifices if it meant avoiding even worse damage from global warming.
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
BUSINESS
Mar 9, 2022
Future turns dark for Russia’s oil industry
With short-term turmoil for the Russian oil industry a given at this point, the long-term future of an industry which bankrolls a large portion of the government budget has turned cloudy.
Japan Times
BUSINESS
Mar 2, 2022
Exxon to leave Russia as Ukraine war pressures energy giants
As pressure grows on global energy giants to respond decisively to the invasion of Ukraine, Exxon Mobil Corp. has said it would join key rivals in exiting Russia.
Japan Times
BUSINESS
Feb 1, 2022
Exxon unveils sweeping restructuring in latest cost cutting move
The broad restructuring marks its latest cost-cutting effort after activist investors seeking to boost returns and address the energy transition won three seats last spring on its board.
Japan Times
BUSINESS
Jun 5, 2021
Exxon's activist director says she’s no climate radical
One of the newest faces at Exxon Mobil wants to make sure she's not misunderstood as she's propelled to sudden fame in a battle between climate activists and the oil industry.
Japan Times
BUSINESS / FOCUS
May 28, 2021
Exxon's reckoning: The little engine that could, and the oil giant that couldn't
Stakeholders familiar with Exxon's thinking said Wednesday's board defeat was years in the making due to ongoing weak returns.
Japan Times
BUSINESS
May 27, 2021
Exxon loses board seats to activist hedge fund in landmark climate vote
The success by hedge fund Engine No. 1 in its showdown with Exxon shocked an energy industry struggling to address growing investor concerns about global warming.
Japan Times
BUSINESS / FOCUS
Apr 29, 2021
As rivals made fortunes, Exxon retreated from oil trading amid pandemic
'They were careful with capital during a period of time when they maybe shouldn't have,' one trader who left Exxon in the last year said of its management.
Japan Times
ASIA PACIFIC / Science & Health
Jan 19, 2021
Big Oil’s flagship plastic waste project sinks on the Ganges
The failure is a sign that the industry is falling short of its targets to curb an increase in waste, two environmental groups say.
Japan Times
WORLD
Dec 9, 2020
Why Exxon Mobil is holding back on technology that could slow climate change
Even if Exxon one day completes its carbon-capture plans in Wyoming, the current delay shows that urgent climate projects can sometimes become expendable in a crunch.
Japan Times
COMMENTARY / World
Dec 9, 2020
Exxon's activist uses weapons provided by Exxon
The fact the activist led with this straightforward jab speaks to the difficulty inherent to landing the other punch: namely, getting Exxon to look beyond oil and gas.
Japan Times
COMMENTARY / World
Oct 15, 2020
COVID-19 is big oil’s asteroid strike
The world in which they thrived was changing, threatening their future health. But the outbreak's impact has accelerated that process.
Japan Times
BUSINESS / Companies
Jul 25, 2020
India's Reliance now world’s second-largest energy company
Reliance shares have jumped 43 percent this year versus a 39 percent drop in Exxon shares as refiners struggle with a plunge in fuel demand.
Japan Times
BUSINESS / Companies
Apr 8, 2020
After cuts by other major oil producers, Exxon chops spending by 30%
Exxon Mobil Corp on Tuesday throttled back a multi-year investment in shale, LNG and deep water oil production and will cut planned capital spending by 30 percent this year as the COVID-19 pandemic saps energy demand and oil prices.
Two of America’s biggest debt holders are dumping Treasurys
The U.S. Treasury building in Washington. Investors in Japan and China sold a pile of U.S. debt in the last quarter, just before the U.S. presidential election.
Ishiba aggravates his own political failures with diplomatic faux pas
Prime Minster Shigeru Ishiba is greeted at the APEC summit in Lima by Canadian Prime Minister Justin Trudeau on Friday. The Japanese leader was criticized for remaining seated while meeting several world leaders at the event.
Japan's 3.31 million visitors in October set monthly record
Kiyomizu Temple in Kyoto in December 2023. Famous autumn leaf colors contributed to increased tourism demand last month from many markets across Asia, Europe and North America, the Japan National Tourism Organization has said.
Japan ranks last in romance satisfaction for second straight year
In a survey of 31 countries, Japan ranked last in terms of those who felt loved, with just 51% of respondents saying so.
Ruling coalition and DPP strike last-minute deal over economic policy
DPP policy chief Makoto Mahaguchi speaks at the party's policy gathering in Tokyo on Wednesday.
Japan, U.K. and Italy discuss inviting more countries to joint fighter project
A new concept model of a next-generation fighter jet to be jointly developed by Japan, Britain and Italy is on display in Farnborough, Hampshire, in July.
Haruki Murakami's 'The City and Its Uncertain Walls' gives deep deja vu
For “The City and Its Uncertain Walls,” translated into English by Philip Gabriel, Haruki Murakami confronts the ghosts who won't leave him alone.
Japanese expats in Asia find community through rugby
The Taiwan Fivewoods celebrate their victory at the 2023 Asian Japanese Rugby Cup in December of last year.
In Fukushima, a weekend of prose, poetry and translation
Aomori-based writer JJ Carter presented on tabletop gaming as creative inspiration for building characters and narratives.
For Dr. Nakamats, aging is just experience in action
Though he didn't win the recent gubernatorial election in Tokyo, the 96-year-old Dr. Nakamats' run was seen as inspirational in Japan's aging society.

Podcast

One of the many entrances to the Kabukicho neighborhood in Tokyo’s Shinjuku Ward.
Kabukicho: Tokyo’s ‘stadium of desire’

Longform

Construction takes place on the Takanawa Gateway Convention Center in Tokyo, slated to open in 2025.
A boom for business tourism in Japan?
By Kathryn Wortley

SUSTAINABLE JAPAN

mission sustainability vol.12 : Kose Corp.Kose takes pride in creating beauty in the world
mission sustainability vol.12 : Kose Corp.Kose takes pride in creating beauty in the world

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