Tag - oil

 
 

OIL

BUSINESS
Jun 22, 2018
EPA vastly underestimating U.S. oil, gas system methane leaks: study
U.S. oil and gas drilling and related operations give off much more of the powerful greenhouse gas methane than the federal government estimates, wasting about $20 billion in fuel a year, scientists said on Thursday.
Japan Times
JAPAN / Science & Health
Jun 4, 2018
Rich nations — including Japan — spend at least $100 billion a year on fossil fuels despite climate pledges
“The G7 have pledged to phase out fossil fuel subsidies, but they don't have any systems in terms of accountability to meet the pledges,” says study's lead author.
WORLD
May 25, 2018
Chinese claims in South China Sea overlap with Vietnam's oil projects
Some oil blocks off Vietnam's sprawling coastline fall within an area of the South China Sea demarcated by China's "nine-dash line," the basis for Beijing's controversial claims to most of the resource-rich waterway.
BUSINESS / ANALYSIS
May 18, 2018
Asia urged to reduce pricey oil dependency as crude hits $80
The cost of Asia's growing thirst for oil will surpass $1 trillion this year, about twice as much as in 2015 and 2016, as oil prices touch $80 per barrel and continental demand hits a record.
JAPAN / Politics
May 15, 2018
Japan won't report suspected sanctions evasion to U.N. after South Korea denies goods transfer to North
Seoul has dismissed a query by Japan over whether a South Korea-flagged vessel may have been involved in the transfer of goods to North Korea on the high seas, in violation of U.N. sanctions, according to the Japanese government.
BUSINESS / Economy
May 12, 2018
After record profits, Japanese firms growing jittery over protectionism, oil prices
The companies did well in 2017 but face exchange rate and other uncertainties stemming from the gyrations in U.S. trade policy.
Japan Times
BUSINESS / Companies
May 8, 2018
Mitsubishi Corp. profit hits record on higher coal prices, expects further growth
Trading house Mitsubishi Corp. said Tuesday its profit for the last financial year jumped 27 percent to record levels due to stronger prices for coking coal and other commodities, while forecasting another profit rise this year.
Japan Times
WORLD / Science & Health
Apr 12, 2018
Environmentalists plan to launch a methane-sensing satellite
Fifty years ago, a NASA astronaut snapped a photograph from lunar orbit showing Earth rising above the moon, and it helped inspire an environmental movement.
Japan Times
BUSINESS / Companies
Apr 12, 2018
Open sesame as Kadoya opens second oil factory, maintains market mainstay niche
On a small island known for olives and wild monkeys, Rika Onishi spends her days tasting and sniffing sesame oil. She's one of a small group of Kadoya Sesame Mills Inc. employees who make sure the oil always has the same taste and aroma.
WORLD
Apr 6, 2018
U.K. opens permanent naval base in Bahrain
The United Kingdom opened a permanent military base in Bahrain on Thursday, Bahrain's state news agency BNA reported.
ASIA PACIFIC
Apr 3, 2018
PetroVietnam says South China Sea tensions to hurt offshore operations
State-run Vietnam Oil and Gas Group (PetroVietnam) said Tuesday that tensions in the South China Sea will hurt its offshore exploration and exploitation activities this year.
ASIA PACIFIC
Mar 23, 2018
Vietnam scraps South China Sea oil drilling project under pressure from Beijing
Vietnam's state oil firm, PetroVietnam, has ordered the Spanish energy firm Repsol to suspend its Red Emperor project off the southeastern coast following pressure from China, the BBC reported on Friday.
Japan Times
COMMENTARY / World
Mar 13, 2018
Why fossil fuels will survive
The real obstacle to dealing with climate change is the world's vast dependence on oil, natural gas and coal.
BUSINESS / Economy
Mar 8, 2018
Japan posts biggest January current account surplus since 2011
The current account surplus grew to ¥607.4 billion ($5.7 billion) in January, its highest for the month since 2011, thanks to strong exports in Asia, government data showed Thursday.
Japan Times
BUSINESS
Mar 6, 2018
U.S. Interior chief halts second federal oil lease sale after local outcry
U.S. Interior Secretary Ryan Zinke on Monday announced he has postponed a second federal oil and gas lease sale planned for March in less than a week in response to local opposition to the possibility of drilling near national parks and monuments.
WORLD / Politics
Mar 2, 2018
GOP lawmakers say Russians used social media to stir divisions on U.S. energy policy
Russian operatives attempting to discourage U.S. energy production posted thousands of messages on social media supporting environmental activists in their campaign to limit oil and gas projects, a report by Republican lawmakers said on Thursday.
Japan Times
BUSINESS / Companies
Feb 26, 2018
Japan's Inpex wins Abu Dhabi offshore oil stake for $600 million
Japan's Inpex Corp. has won development rights for a 10 percent stake in Abu Dhabi's Lower Zakum offshore oil field at a price of $600 million.
JAPAN
Feb 22, 2018
Oil that reached Japan's shores was from sunken Iranian tanker Sanchi, coast guard says
Oil that reached islands in the Amami chain earlier this month is highly likely to have come from the sunken Iranian tanker Sanchi, the Japan Coast Guard said on Thursday.
Japan Times
BUSINESS
Feb 11, 2018
How soaring U.S. exports to China are transforming the global oil game
Bit by bit, the U.S. petroleum industry is turning world oil markets inside out.
Japan Times
JAPAN
Feb 9, 2018
Endangered turtle dies as oil reaches Japan's coastline after Iranian tanker collision
A green turtle died as oil reached the southern Amami-Oshima Island coast, the local government said Thursday, but it was not clear whether the oil came from an Iranian tanker that sank in nearby waters last month.

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