Tag - oil

 
 

OIL

Japan Times
BUSINESS / ANALYSIS
Nov 24, 2021
Biden's bet on oil reserves highlights complicated relations with China
The Biden administration's diplomatic inroads with China first surfaced this month in Scotland, where the two countries hammered out a surprise deal on boosting action on climate change.
Japan Times
JAPAN / FOCUS
Nov 24, 2021
Japan makes landmark decision to tap oil stockpiles, but impact remains unclear
Prime Minister Fumio Kishida said on Wednesday that the government would release some of its oil reserves in concert with the United States.
Japan Times
BUSINESS / Economy
Nov 22, 2021
From bathhouses to fisheries, hidden inflation is creeping across Japan
Gasoline prices soared to a seven-year high this month and the government is expecting the tightest power supply in a decade this winter.
Japan Times
COMMENTARY / World
Nov 22, 2021
When energy pipelines are political, everyone suffers
The energy transition away from hydrocarbons cannot come fast enough for Europe.
Japan Times
BUSINESS / ANALYSIS
Nov 19, 2021
Biden's overture to Asian oil consumers serves warning to OPEC+
'The strategy here seems like not only a response to the alleged rebuffing of the presidential requests, but also a deliberate threat,' one analyst said.
Japan Times
BUSINESS / Economy
Nov 19, 2021
Japan inflation shows continued pulse as gas prices surge
Soaring commodity prices amid supply chain bottlenecks and a weaker yen are squeezing many Japanese businesses, which are facing the strongest cost pressure in four decades.
Japan Times
BUSINESS
Nov 18, 2021
Asia looks to release oil reserves after U.S. request
The world's biggest economies said on Thursday they were looking into releasing oil from their strategic reserves, following a rare request from the United States.
Japan Times
BUSINESS
Nov 18, 2021
U.S. asks Japan, China and others to consider tapping oil reserves, sources say
The unusual request comes as Biden fends off political pressure over rising pump prices and other consumer costs driven by a rebound in economic activity.
Japan Times
BUSINESS
Nov 16, 2021
Saudi Arabia's race to attract investment dogged by skepticism
Foreign direct investment remains short of targets despite it being five years since Vision 2030 was launched in an attempt to end the kingdom's dependence on fossil fuels.
Japan Times
ASIA PACIFIC
Nov 10, 2021
Indonesia recruits farmers and teachers to battle anti-palm oil sentiment
The government wants to highlight the positive side of the industry, which employs over 15 million Indonesians and generates around 13% of the country's exports.
Japan Times
COMMENTARY / World
Nov 10, 2021
Energy’s year of recovery more like a remission
Until news of the COVID-19 vaccine broke, energy had been the worst performing sector in 2020, falling by more than half.
Japan Times
WORLD / ANALYSIS
Nov 5, 2021
Push to end oil and gas expansion takes off at COP26, but not everyone keen
Countries, development banks and national groupings have pledged to end financing new fossil fuel projects overseas, but big funders including China, Japan and South Korea have opted out.
Japan Times
BUSINESS / Economy
Nov 4, 2021
OPEC+ heads for geopolitical showdown as Biden demands more oil
Bowing to U.S. pressure and opening the taps would keep Saudi Arabia's closest ally onside, at the expense of the hard-won crude price recovery that has swelled the kingdom's coffers.
Japan Times
JAPAN
Nov 4, 2021
Japan among holdouts to deal on overseas fossil fuel funding
The U.K. has corralled about 20 nations to back a pledge to stop supporting foreign fossil fuel projects, but China and Japan aren't among them, sources say.
Japan Times
COMMENTARY / World
Oct 25, 2021
Russia’s 30-year vision is realized with Nord Stream 2
The direct link to Germany finally brings an end to Russia's dependence on former Soviet states for transporting oil and gas to Western export markets.
Japan Times
COMMENTARY / World
Oct 24, 2021
Shunning fossil fuels too soon may prove catastrophic
Renewable energy accounts for a tiny fraction of overall energy supply. The growth in renewable sources of energy fails to even meet the growth in global demand.
Japan Times
COMMENTARY / World
Oct 21, 2021
An energy crisis like no other
Transforming the world's fuel mix to mitigate climate change requires balance.
Japan Times
BUSINESS / Economy / FOCUS
Oct 21, 2021
Weak yen morphs into new threat to Japan with surging energy costs
The yen's weakening raises prices of imported products, such as oil, putting Japanese household spending at serious risk.
Japan Times
BUSINESS / Economy
Oct 12, 2021
Japan wholesale inflation hits 13-year high, squeezing corporate profits
Rising oil prices pushed up petroleum and coal costs by 32.4% in September, while prices of wood products spiked 48.3%.
Japan Times
WORLD
Oct 4, 2021
‘Major’ oil spill off California coast threatens wetlands and wildlife
Environmental groups said that the spill underscored the need for the state of California to move away from fossil fuels in favor of renewable energy.

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