Tag - oil

 
Menu
Search
 
January 05, 2025
 

Today's print edition

Home Delivery
Subscribe for more access

OIL

U.S. President Joe Biden’s decision will further burnish his climate credentials, deepening his record of fostering conservation and zero-emission energy.
WORLD / Politics
Jan 4, 2025
Biden to ban new oil drilling over vast stretch of U.S. Atlantic and Pacific waters
The move represents a sweeping effort to permanently protect coastal waters from fossil fuel development and the risk of oil spills.
A recovery in the olive harvest in Spain and elsewhere is easing the olive oil crisis, but depleted stocks and rising global demand mean prices will likely stay higher than pre-crisis levels.
COMMENTARY / World
Jan 3, 2025
The olive oil crisis is over — but fears continue to linger
Prices for the golden commodity are set to drop thanks to a bountiful harvest this season. That doesn’t solve all its problems.
Russian President Vladimir Putin shakes hands with Slovak Prime Minister Robert Fico during a meeting in Moscow on Dec. 22.
WORLD / Politics
Dec 30, 2024
Ukraine-Russia gas transit deal faces critical moment of truth
As its year-end expiry looms, Slovakia and a group of central European companies are putting pressure on Ukraine to keep Russian gas flowing.
Indonesia's plan to increase biodiesel mandates to 50% by 2028 could require clearing 5.3 million hectares of forest for palm oil plantations by 2042, an area larger than Denmark.
COMMENTARY / World
Dec 30, 2024
The year’s worst climate news you haven’t heard about
Not enough floodwaters for dams, more coal burning and demand for Indonesian palm oil show efforts to slow global warming are flagging.
Storage tanks at the BP Cherry Point Refinery near Blaine, Washington
BUSINESS / Companies
Dec 27, 2024
Big Oil backtracks on renewables push as climate agenda falters
The likes of BP and Shell this year sharply slowed their plans to spend billions on wind and solar power projects.
The Finnish Border Guard's ship Turva and oil tanker Eagle S sail on the sea outside the Porkkalanniemi, Finland on Thursday
WORLD
Dec 27, 2024
Finland boards vessel possibly behind power cable and internet outages
"From our side, we are investigating grave sabotage," said the director of the Finnish National Bureau of Investigation.
While the prospect of Eneos Holdings offloading a majority stake in JX has been mooted for years, it is coming closer to reality amid a hot market for share sales in Tokyo.
BUSINESS / Companies
Dec 19, 2024
Eneos considers IPO of up to 70% of JX Advanced Metals
Japan has seen the highest volume of IPOs this year since 2018.
Barclays has been a top target for British climate protestors in recent years because of the volume of its lending to the fossil-fuel industry.
BUSINESS / Companies
Dec 19, 2024
Why Barclays is one of the main targets of U.K. climate activists
Barclays has provided more bonds and loans to fossil fuel companies than any European rival over the past three years.
Islamic Revolutionary Guard Corps (IRGC) Commander-in-Chief Maj. Gen. Hossein Salami reviews military equipment during an IRGC ground forces military drill in the Aras area, East Azerbaijan province, Iran, on Oct. 17, 2022.
WORLD / Politics
Dec 18, 2024
Iran's Revolutionary Guards extend control of oil exports, sources say
All aspects of the oil business have come under the growing influence of the Guards.
The Stratos direct air capture facility, a joint venture between Occidental Petroleum and asset manager BlackRock, in Ector County, Texas
ENVIRONMENT / Energy / ANALYSIS
Dec 14, 2024
Earthquakes and blowouts undermine case for carbon storage in Texas
Texas has seen surging interest from companies hoping to bury carbon dioxide in its oilfields.
Possible new sanctions on Russian oil highlight how Biden’s team is more willing to take risks in confronting Russia as it prepares to depart.
WORLD / Politics
Dec 11, 2024
U.S. mulls new Russia oil sanctions to weaken Putin ahead of Trump
The European Union is planning similar measures on Russia’s shadow fleet before the end of the year.
Environmental activists demonstrate in front of the convention center in Busan, South Korea, where delegates from around the world are seeking to reach a binding treaty against plastic waste.
ENVIRONMENT
Nov 29, 2024
Showdown looms on plastic treaty days before deadline
With just two days of talks left, countries seeking an ambitious treaty urged delegations that "have not moved a centimeter" to make compromises or "get out of the way."
Refining sources in Asia and analysts have said they expect to see more Canadian and Mexican oil heading to Asia if U.S. President-elect Donald Trump imposes planned tariffs.
BUSINESS / Markets
Nov 28, 2024
Asia likely to benefit from cheaper Canadian and Mexican oil if Trump imposes tariffs
Two sources familiar with Trump's plan say that oil would not be exempted from potential tariff hikes on imports from Canada and Mexico.
Vehicles pass in front of an Exxon service station in Bethesda, Maryland, on Monday. Material stolen from the company's critics in a hack-and-leak operation continues to be used today to counter litigation claiming the oil giant misled the public and its investors about the risks of climate change.
BUSINESS / Companies
Nov 28, 2024
Exxon lobbyist probed over hacked papers that disrupted climate lawsuits
The stolen material continues to be used today to counter litigation claiming the oil giant misled the public and its investors about the risks of climate change.
Their trucks, sometimes driven by Someya herself, go around Tokyo collecting used cooking oil from restaurants and households.
ENVIRONMENT / Sustainability
Nov 27, 2024
Turning tempura oil into fuel: 30 years of environmental efforts by Tokyo entrepreneur
"Seeing all the used cooking oil being collected, I thought Tokyo is basically an oil field."
Oil drilling equipment on federal land near Fellows, California. Drilling activity on federal lands and waters accounts for about a quarter of U.S. oil production and 12% of gas output.
WORLD / Politics
Nov 26, 2024
Trump prepares wide-ranging energy plan centered on gas and oil, sources say
The plan to roll out the list as early as day one ensures that oil and gas production will rank alongside immigration as a pillar of Trump's early agenda.
The national flag of Saudi Arabia at their pavilion at the COP29 climate conference in Baku, Azerbaijan, on Nov. 14
ENVIRONMENT / Climate change
Nov 26, 2024
How Saudi Arabia turned back climate progress at COP29
After three decades of being the main opposition at the annual climate talks, the Saudis have developed a sophisticated playbook.
At the United Nations climate conference in Baku, rich nations found that efforts to reduce their own emissions and fund climate programs elsewhere in the world bought them little favor with developing countries most at risk of global warming.
COMMENTARY / World
Nov 26, 2024
Clean power must offer more hope to beat fossil fuels
Wealthy nations must treat climate change as a genuine crisis, advocating for bold financing programs to enable poor nations to industrialize with clean energy.
Saudi Crown Prince Mohammed bin Salman addresses the joint extraordinary leaders summit of the Organization of Islamic Cooperation (OIC) and the Arab League in Riyadh on Nov. 11.
WORLD / Politics
Nov 25, 2024
Mohammed bin Salman’s style shift sets up a new world order strategy
The implications of Saudi Arabia’s transformation under Crown Prince Mohammed bin Salman will reverberate far beyond the kingdom’s borders for decades to come.
In developing Asia, where coal dominates and imported liquefied natural gas is expensive, natural gas remains limited in electricity grids.
COMMENTARY / World
Nov 24, 2024
Gas got America off coal. Now, it's coming for Asia's oil.
It can work in concert with carbon-free energy to break the hold of the dirtiest sources of power.
The real-life violence that inspired South Korea's 'Squid Game'
Riot police march in front of the main building of Ssangyong Motor in Pyeongtaek, 70 kilometers south of Seoul, on Aug. 6, 2009.
Japan’s ‘quiet revolution’ of luxury travel nears fruition
Scheduled to welcome its first guests in early 2025, the Waldorf Astoria Osaka is just one of many luxury hotel openings Japan has seen in recent months.
Tomiko Itooka, the world's oldest person, dies at 116
Tomiko Itooka died of old age in a nursing home for the elderly in the city of Ashiya, Hyogo Prefecture.
‘Fracture’ dissects 100 years of Japanese graphic design
Ian Lynam's "Fracture" is the result of 15 years of research and production and excavates 100 years of Japanese graphic design history from the Meiji (1868-1912) to Showa eras (1926-89).
Japanese chip industry poised for a comeback
An attendee looks at a prototype of a 2-nanometer gate-all-around wafer produced by Rapidus and International Business Machines Corp. at the Semicon Japan exhibition in Tokyo in December.
Traveling for sake's sake: The emergence of brewery tourism in Japan
Tonoike Sake Brewery has been gearing their brewery toward tourism since the late 1980s, attempting to lure tourists to the town of Mashiko.
Japan’s ‘quiet revolution’ of luxury travel nears fruition
Scheduled to welcome its first guests in early 2025, the Waldorf Astoria Osaka is just one of many luxury hotel openings Japan has seen in recent months.
Guitarist Marty Friedman goes to bat for J-pop in new autobiography
One of the themes in American guitarist Marty Friedman’s autobiography “Dreaming Japanese” is that while he has become a star in his own right in Japan, he still feels that he doesn’t “belong.”
Sumo’s brotherhood gets latest inductee
Chugo Saito at Isenoumi stable on Friday. Saito has joined his older brother, Seigo, at the stable.
A year after a deadly earthquake, Noto Peninsula still faces long road to recovery
Photos taken from the same place but at different times in the Noto Peninsula towns of Wajima (left) and Suzu illustrate the progress made following the devastating earthquake that hit these areas of Ishikawa Prefecture on Jan. 1, 2024.

Podcast

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

Longform

A man offers prayers at Hebikubo Shrine in Tokyo's Shinagawa Ward. The shrine is one of several across the country dedicated to the snake.
Shed your skin and reinvent yourself in the Year of the Snake
By Kathryn Wortley

SUSTAINABLE JAPAN

Challenging spirit and teamwork keep ANA flying high
Challenging spirit and teamwork keep ANA flying high

SPECIAL SUPPLEMENTS note

Read more

SUPPLEMENTS BINDER