Tag - oil

 
 

OIL

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
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.
BUSINESS
Feb 6, 2015
Russian inflation hits 15% as economic pain deepens
Russia's inflation hit 15 percent in January, official data showed on Thursday, underscoring the growing economic pain from sliding oil prices and Western sanctions linked to the Ukraine conflict.
BUSINESS / Companies
Feb 4, 2015
JX Holdings forecasts first full-year loss after crude oil slump
JX Holdings Inc., which gets about 85 percent of its revenue from refining, is forecasting that it will swing to an annual loss of ¥275 billion, after the slump in crude oil led to lower prices for gasoline and other petroleum products.
WORLD
Feb 2, 2015
Kidnapped Libyan oil official released, minister says
A kidnapped senior Libyan oil official has been released after more than two weeks of captivity, a senior official said on Sunday.
COMMENTARY / Japan
Jan 27, 2015
An opportunity for East Asia in plunging oil prices
Plunging oil prices present a significant opportunity for most of the region's developing countries to strengthen the competitiveness of their economies and take advantage of the ongoing global recovery.
Japan Times
COMMENTARY / World
Jan 27, 2015
Running the Saudi family business
While the Saudi system of governance can seem awfully medieval to those of us on the outside, families aren't the worst mechanisms for managing conflict.
BUSINESS / Companies
Jan 27, 2015
What a difference oil price makes, as Marubeni joins writedowns
"I couldn't believe that oil would drop this far," said Marubeni Corp. Chief Executive Officer Fumiya Kokubu.
EDITORIALS
Jan 26, 2015
Making the most of cheaper oil
The steep fall in crude oil prices has certainly benefited consumers, but Japan needs to develop a wise energy policy that shields it from the vagaries of oil-price fluctuations over the long term.
Japan Times
WORLD / Politics
Jan 23, 2015
Putin said to shrink inner circle as Ukraine hawks trump tycoons
Russian President Vladimir Putin isn't just angering leaders from Berlin to Washington. He's irking some of his richest friends, too, by snubbing their pleas to end the conflict in Ukraine and ostracizing all but a handful of hard-liners.
Japan Times
JAPAN / Politics
Jan 22, 2015
Abe forced to walk a fine line in oil-rich Middle East
The seizure of two Japanese nationals by the Islamic State militant group is raising questions about Japan's Middle East policies and the effectiveness of Prime Minister Shinzo Abe's brand of personal diplomacy.
Japan Times
BUSINESS / Economy / ANALYSIS
Jan 12, 2015
Lower oil prices spell good news for Japanese economy
Manufacturers, motorists and households and all stand to reap the benefits of falling prices for crude oil.
WORLD
Jan 12, 2015
Oil glut spurs rush for supertankers to store excess at sea
Some of the world's largest oil traders have hired supertankers to store crude at sea, marking a milestone in the build-up of the global glut.
Japan Times
WORLD / Science & Health
Jan 8, 2015
Vast fossil fuel reserves 'must be left in the ground': study
A third of the world's oil reserves, half of gas reserves and 80 percent of current coal reserves should not be used in the coming decades if global warming is to stay below an agreed 2 degrees Celsius target, scientists said Wednesday.
BUSINESS / Economy
Jan 8, 2015
Fed looks past a world in turmoil, confident in U.S. recovery
U.S. central bankers have looked beyond a global deflation threat, fear of energy-sector bond defaults, and a surge of oil patch layoffs to reach what appears to be a firm conclusion: the U.S. recovery is here to stay.
BUSINESS / Markets
Jan 7, 2015
Wall St. extends selloff as oil prices fall further
U.S. stocks were down more than 1 percent in afternoon trading on Tuesday, extending recent losses as data showed the pace of growth in the U.S. service sector had slowed and oil prices fell further.
Japan Times
COMMENTARY / World
Jan 2, 2015
This round of low-cost oil differs from before
The world is experiencing much more than a temporary dip in oil prices. A change in the supply model marks a fundamental shift that will likely have long-lasting effects.

Longform

Sociologist Gracia Liu-Farrer argues that even though immigration doesn't figure into Japan's autobiography, it is more of a self-perception than a reality.
In search of the ‘Japanese dream’