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April 22, 2025
 

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OIL

Japan Times
BUSINESS
Mar 9, 2022
In banning Russian fuel imports, U.S. refuses to subsidize Putin’s war
With other petroleum products included, Russia accounted for about 8% of 2021 oil imports to the U.S., though those shipments have trended lower in recent months.
Japan Times
BUSINESS
Mar 8, 2022
Hot on the heels of COVID, global aviation takes another battering as Russia sanctions bite
Manufacturers, lessors, insurers and maintenance providers for Russian carriers are among those hit directly by sanctions, while foreign airlines face high fuel costs and diverted routes.
JAPAN
Mar 8, 2022
Reactor restarts could be 'best option' for Japan to ride out energy shortages, senior LDP lawmaker says
Joining a U.S.-led import embargo on Russian oil would hit Japan hard, but nuclear energy could help ease any blow, former Defense Minister Itsunori Onodera said.
Japan Times
BUSINESS / Markets
Mar 8, 2022
Russian oil becoming untouchable as purchases slammed and U.S. mulls ban
Tension between economic imperative and political pressure to respond to Russia's invasion of Ukraine is dragging the oil market toward a watershed.
Japan Times
ASIA PACIFIC / Politics
Mar 7, 2022
China’s policy show offers little to cheer on climate progress
Instead of setting a yearly target for reducing energy consumption, Beijing sought 'appropriate flexibility” to seek a balance between carbon goals and economic growth.
Japan Times
BUSINESS / Markets
Mar 7, 2022
War exposes Europe’s failure to heed warnings over Russian gas
Despite experiencing similar issues with dependence on Russian energy in the past, the awkward reality is that the European Union is still much in the same place.
BUSINESS
Mar 4, 2022
Japan reinforces countermeasures against rapidly rising oil prices
To cushion the impact of soaring oil prices due to the war in Ukraine, the government said Friday that it will bolster a subsidy program for oil wholesalers.
BUSINESS
Mar 4, 2022
Japan to release 7.5 million barrels of oil, says industry minister
The U.S. and other IEA members agreed to release a total of 60 million barrels of oil reserves to compensate for supply disruptions following Russia's invasion of Ukraine.
Japan Times
BUSINESS
Mar 4, 2022
Want lower oil prices? First you need higher ones
Global benchmark Brent and U.S. crude futures have soared over 15% to around 10- and 14-year highs, respectively, since Russia invaded neighboring Ukraine last week
BUSINESS / EXPLAINER
Mar 3, 2022
Japan’s oil stockpiles come into spotlight following Russia's invasion of Ukraine
The IAE, of which Japan is a member, decided to release 60 million barrels of oil reserves as a step toward stabilizing global oil markets, which have been rattled by the war in Ukraine.
Japan Times
BUSINESS / Economy
Mar 3, 2022
Fuel spike may push Japan's inflation near BOJ's 2% goal, says policymaker
Japan's reliance on imports makes it vulnerable to higher commodity prices, adding to those already concerned about the hit to growth from the pandemic.
Japan Times
BUSINESS
Mar 3, 2022
U.S. hits Russian oil refining sector and slaps export curbs on Belarus
The new round of sanctions announced by the White House ban the export of specific refining technologies, making it harder for Russia to modernize its oil refineries.
Japan Times
COMMENTARY / World
Mar 2, 2022
Bashing Big Oil won't save the planet
Focusing on a handful of companies that pump about 10% of the crude oil produced on the planet every day isn't going to reverse the rise in global carbon dioxide emissions alone.
Japan Times
COMMENTARY / World
Mar 2, 2022
The solution to the Ukraine crisis lies in Asia
Sanctions and embargoes from the West against Russia over the Ukraine invasion will count for nothing if they are offset by business as usual in Asia.
BUSINESS
Mar 2, 2022
Exxon to leave Russia as Ukraine war pressures energy giants
As pressure grows on global energy giants to respond decisively to the invasion of Ukraine, Exxon Mobil Corp. has said it would join key rivals in exiting Russia.
Japan Times
BUSINESS / Markets
Mar 1, 2022
Oil prices keep rising even as U.S. considers release from strategic reserves
The U.S. and others are considering a release of 60 million barrels, sources have said, which would be equivalent to less than six days of Russian production.
Japan Times
BUSINESS / Markets
Mar 1, 2022
Green energy stocks surge as war spurs push away from Russia and fossil fuels
The Russia-Ukraine war may serve to hasten the European Union's ambitious plans to boost the share of its energy from renewable sources this decade.
Japan Times
BUSINESS
Feb 28, 2022
BP exit opens new front in West's campaign against Russia
The firm's decision to quit the oil-rich country is the most aggressive move yet by a company in response to Moscow's invasion of Ukraine.
Japan Times
WORLD
Feb 28, 2022
American fracking veteran in Ukraine works to keep the gas flowing
His friends back in the U.S. told him he's crazy to stay — but Oleg Tolmachev said he couldn't see himself abandoning his newly adopted home at a moment like this.
Social media helps fuel growing 'sex tourism' in Japan
People walk down a street in the red-light entertainment area of Kabukicho in the Shinjuku district of Tokyo on March 31.
Pope Francis, radical leader who broke the papal mold, dies at 88
Pope Francis blesses the faithful during the weekly general audience at the Vatican in August 2023.
Japan mulls reviewing car safety rules to strike deal with Trump
Ryosei Akazawa, Japan's Economic Revitalization Minister and top tariff negotiator with the U.S., speaks to the press upon his arrival at Haneda Airport in Tokyo on Friday.
Japan tariff negotiator rules out quick U.S. deal despite push by Trump
Ryosei Akazawa, Japan's top tariff negotiator with the U.S., speaks to reporters upon his arrival at Tokyo's Haneda Airport on Friday, a day after talks in Washington.
Shohei Ohtani announces birth of daughter
Shohei Ohtani and his wife Mamiko Tanaka attend a Lakers game in Los Angeles on Dec. 8, 2024.
The floor is art: Takuro Tamayama transforms mundanity
Takuro Tamayama’s sculpture “Models (Pair, 6 sets, 12 rings)” comes with a mathematical formation that scales it for different spaces.
Nothing sells like Shohei Ohtani, MLB’s marketing megastar
People walk past an advertisement featuring Los Angeles Dodgers two-way star Shohei Ohtani outside Tokyo Dome on March 18.
Calling all Potterheads: ‘The Goblet of Fire’ comes to Tokyo
The Tokyo version of the globe-trotting exhibition features a Ministry of Magic set, which includes an imposing replica of the Magic Is Might monument representing magical fascism.
Tokyo stock picker advises Trump-proofing portfolios with Godzilla creator Toho
The head of Godzilla, a Japanese monster movie character, is seen on a building of Toho Cinema in Tokyo. Toho is one tariff-defensive stock being recommended by brokers.
LDP and CDP lawmaker groups propose 0% consumption tax on food
A vegetable stand displays prices at a supermarket in Tokyo in 2023. Some lawmakers are proposing lowering the consumption tax on food to 0%, which is expected to result in a loss of up to ¥5 trillion in tax revenue annually.

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