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December 05, 2024
 

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OIL

Japan Times
COMMENTARY / World
Jun 6, 2022
A global inflation problem like no other — and what can be done about it
Boosting oil output is not the usual solution to an inflationary outburst, but it's just about the only one that will work quickly.
Japan Times
WORLD
Jun 6, 2022
U.S. to let Eni and Repsol ship Venezuelan oil to Europe for debt
While any impact on global oil prices will be modest, Washington's greenlight to resume Venezuela's oil flows to Europe could provide a symbolic boost for the Venezuelan president.
Japan Times
WORLD
Jun 2, 2022
Europe’s Russian oil ban could mean a new world order for energy
In effect, Europe is trading one unpredictable oil supplier — Russia — for unstable exporters in the Middle East.
Japan Times
BUSINESS / ANALYSIS
Jun 1, 2022
Indian private refiners profit from cheap Russian crude as state refiners suffer
Private refiners have helped drive total Indian fuel exports 15% higher in the first five months of 2022 compared with the same period in 2021.
Japan Times
BUSINESS
Jun 1, 2022
Global fuel supplies vulnerable as refiners struggle with closures, cutbacks and war
With capacity shrunk by the pandemic and demand rebounding, the strain could persist for years and keep prices elevated.
Japan Times
WORLD
May 31, 2022
Drivers in Sri Lanka queue 12 hours for fuel amid worst economic crisis since 1948
Gas prices have soared 259% since October 2021 as the government slashed subsidies to try and stabilize a teetering economy.
Japan Times
WORLD / Politics
May 31, 2022
EU leaders back push to ban most Russia oil over Putin’s war
The sanctions would forbid the purchase of crude oil and petroleum products from Russia delivered to member states by sea but would include a temporary exemption for pipeline crude.
Japan Times
BUSINESS / ANALYSIS
May 30, 2022
How the Ukraine conflict is reshaping global oil markets
African suppliers are stepping in to meet European demand for crude while Moscow, stung by Western sanctions, is increasingly tapping risky ship-to-ship transfers to get its crude to Asia.
Japan Times
BUSINESS
May 29, 2022
EU spares pipeline oil from Russian embargo plan to break logjam
The European Commission sent a revised proposal to members on Saturday that would spare shipments of oil through the giant Druzhba pipeline, which is Hungary's main source of crude imports.
Japan Times
BUSINESS
May 28, 2022
Europe’s push to punish Putin is falling short of the rhetoric
Diplomats and officials are getting increasingly frustrated the EU may already be reaching the limits of the short-term pain it can inflict on Russia.
Japan Times
BUSINESS
May 25, 2022
Insurance is Russian oil's Achilles' heel
Insurers from Europe and the United States, which dominate the international marine market, are curtailing coverage for Russian oil tankers, industry sources say.
Japan Times
BUSINESS
May 25, 2022
The refinery standing between Germany and a Russian oil embargo
For decades, crude oil piped in from Russia has flowed into a giant refinery in Schwedt, an industrial city on the Oder River, providing jobs for thousands and a reliable source of fuel.
Japan Times
WORLD
May 24, 2022
EU oil embargo 'in days' as Ukraine isolation drives Russia closer to China
The European Union will likely agree to an embargo on Russian oil imports 'within days,' according to its largest member, Germany.
Japan Times
WORLD
May 23, 2022
In Ecuador's Amazon, youth take up the fight against oil pollution
For decades, local Indigenous people, farming communities, environmental rights activists and lawyers have said flaring causes serious damage to the environment and health.
Japan Times
ASIA PACIFIC
May 23, 2022
Indonesia set to resume palm oil exports, but policy uncertainty persists
Palm oil, used in everything from margarine to shampoo, comprises a third of the world's vegetable oil market, with Indonesia accounting for about 60% of supply.
Japan Times
ASIA PACIFIC / Politics
May 22, 2022
In sharp switch, Australia votes for climate action
The election represents a remarkable change for Australia, one of the biggest per capita carbon emitters and exporters of coal and gas.
Japan Times
BUSINESS
May 21, 2022
China quietly increases purchases of low-priced Russian oil
The move comes a month after Beijing initially cut back on Russian supplies, for fear of appearing to openly support Moscow and potentially exposing its state oil giants to sanctions.
Japan Times
BUSINESS / ANALYSIS
May 19, 2022
Japanese ties to Sakhalin gas and oil projects uncertain amid scrutiny
As G7 countries and private enterprises alike step up efforts to oppose Putin's ongoing war in Ukraine, Tokyo is reassessing its Russian energy partnerships.
Japan Times
BUSINESS
May 17, 2022
Iraq balks at greater Chinese control of its oilfields
China's strengthening relationship with Iran has helped its position in Iraq due to Tehran's influence there, but the oil ministry is wary of ceding control over the country's key resource.
South Korea's Yoon backs down after parliament rejects martial law
Soldiers try to enter the National Assembly building in Seoul, after South Korea President Yoon Suk Yeol declared martial law late Tuesday evening.
BOJ weighs case for first triple hike since Japan’s bubble burst
Bank of Japan Gov. Kazuo Ueda reiterated in an interview published Saturday that authorities will raise rates if the economy performs in line with projections.
Australian says romance scam tricked her into smuggling drugs into Japan
Donna Nelson says her life was turned upside down when she learned that the man she was falling for had tricked her into smuggling 2 kilograms of methamphetamine into Japan.
Jetstar Japan loses lawsuit over disciplinary action against cabin crew
Jetstar Japan has been ordered to pay back wages to two cabin crew members for the periods they were suspended.
Nomura CEO takes pay cut after former employee charged with attempted murder
Kentaro Okuda, CEO of Nomura Holdings, speaks during a news conference in Tokyo on Tuesday.
U.S. Space Force launches first unit in Japan
Activated on Wednesday, U.S. Space Forces Japan — a component similar to the one established at South Korea’s Osan Air Base in 2022 — will operate out of Yokota Air Base in the city of Fussa, western Tokyo, with a staff of about 10.
Can Japan's scientific community rebound from a Nobel nosedive?
The National Museum of Emerging Science and Innovation in Tokyo is a popular place to foster curiosity in the natural sciences.
Europe eyes 'boots on the ground' in Ukraine as possible peace deal option
A serviceman with the Ukrainian Army's 24th mechanized brigade fires a machine gun during an exercise, amid Russia's attack on Ukraine, in the country's Donetsk region on Friday.
Seven strangers and an algorithm: Can this new dinner app help you make friends?
Timeleft uses an algorithm to match its users with five or six strangers in an effort to prompt “human connection” over dinner at a restaurant. It determines the attendees with the help of a simple personality quiz available when you sign up for the service.
Don’t worry, you can still use your Japan health insurance card — for now
A My Number card reader at a pediatric clinic in Tokyo. While the government will stop issuing new health insurance cards on Monday, most people will remain unaffected by the move in the short term as existing health insurance cards can still be used for another year.

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Longform

The National Museum of Emerging Science and Innovation in Tokyo is a popular place to foster curiosity in the natural sciences.
Can Japan's scientific community rebound from a Nobel nosedive?
By Tomoko Otake

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