Tag - oil

 
 

OIL

EDITORIALS
Jun 7, 2019
Abe tries high-stakes diplomacy with Iran
There is every reason to pursue this gambit even while expecting limited results.
Japan Times
JAPAN / Politics
Jun 2, 2019
Shinzo Abe expected to meet with Iranian supreme leader on June 12-14 trip, report says
Prime Minister Shinzo Abe is expected to meet with Iranian Supreme Leader Ayatollah Ali Khamenei in his visit to the country this month, in what would be the first meeting between the two, the Mainichi daily reported, citing an unnamed government source.
Japan Times
WORLD
May 26, 2019
Eyeing commercial operations in Arctic, Russia launches first of three nuclear icebreakers
Russia on Saturday launched a nuclear-powered icebreaker, part of an ambitious program to renew and expand its fleet of the vessels in order to improve its ability to tap the Arctic's commercial potential.
Japan Times
BUSINESS / Economy
May 20, 2019
Soldiers oversee fuel rationing in Venezuelan towns amid shortages as economy implodes
Soldiers oversaw rationing of gasoline at service stations in several parts of Venezuela on Sunday as worsening fuel shortages forced angry drivers to wait for hours to fill their tanks, prompting protests in some areas.
Japan Times
WORLD
May 14, 2019
Saudi Arabia says oil facilities near Riyadh attacked by explosive-laden drones
Saudi Arabia said explosive-laden drones had struck oil pumping stations in the Riyadh region on Tuesday in what it called an act of terrorism two days after Saudi oil tankers were sabotaged off the coast of the United Arab Emirates.
WORLD / Crime & Legal
May 13, 2019
Mexican union leader shot dead in troubled oil refining city of Salamanca
Unidentified gunmen shot dead a trade union leader in Mexico's central city of Salamanca, authorities said on Sunday, the latest outbreak of violence in an area plagued by a murderous struggle between gangs over fuel theft.
Japan Times
BUSINESS
May 9, 2019
Answer to climate change will be found in labs, Exxon Mobil CEO says
For Darren Woods, Exxon Mobil Corp.'s chief executive officer, the answer to climate change won't be found in solar panels or high-profile global accords, but rather in a U.S. government laboratory.
BUSINESS
May 3, 2019
The next 'Ferrari of shale' may be hiding in Australia's outback
In a corner of the Australian Outback, a drilling crew will soon try tapping shale rocks that could hold more than three times the world's annual consumption of natural gas.
Japan Times
BUSINESS
May 3, 2019
Not so fast: Trump's Alaska drilling study slammed by U.S. wildlife regulator
The Trump administration failed to adequately consider oil spills, climate change and the welfare of polar bears in its expedited study of proposed drilling in Alaska's Arctic National Wildlife Refuge, according to comments published by the U.S. Fish and Wildlife Service this week.
Japan Times
WORLD
Apr 29, 2019
Tripoli regime seen holding line in house-to-house battles
Forces backing Libya's internationally recognized government fought house-to-house battles with troops loyal to commander Khalifa Hifter in southern parts of the capital Tripoli on Sunday and appeared to be gaining ground.
Japan Times
WORLD
Apr 27, 2019
Not so fast: Trump's Alaska drilling study slammed by U.S. wildlife regulator
The Trump administration failed to adequately consider oil spills, climate change and the welfare of polar bears in its expedited study of proposed drilling in Alaska's Arctic National Wildlife Refuge, according to comments published by the U.S. Fish and Wildlife Service.
BUSINESS
Apr 23, 2019
METI says Japan foresees little impact from U.S. scrapping Iran oil waivers
Japan has been reducing its reliance on Iranian crude supplies and Iran now accounts for about 3 percent of purchases, economy minister Hiroshige Seko said.
Japan Times
WORLD / Politics
Apr 23, 2019
Iran says it's ready for U.S. waivers to end as Revolutionary Guard threaten to shut Hormuz
Tehran is prepared for a U.S. decision to end waivers granted to buyers of Iranian crude, an Iranian oil ministry source said on Monday, as the Revolutionary Guards repeated their threat to close the strategic Strait of Hormuz, Iranian media reported.
Japan Times
BUSINESS / Economy
Apr 22, 2019
U.S. to eliminate Iran oil waivers for countries including Japan after May 2 expiration
The Trump administration won't renew the waivers that let countries buy Iranian crude oil without facing U.S. sanctions, according to four people familiar with the matter, a move that could roil energy markets and risks upsetting major importers such as India and China.
Japan Times
BUSINESS
Apr 16, 2019
U.S. waiver concern sees Iranian oil buyers put imports on hold
The biggest buyers of Iranian oil are reportedly putting their purchases on hold as they wait to see whether the White House will extend waivers allowing them to keep buying the crude.
Japan Times
BUSINESS
Apr 5, 2019
European utilities contemplating a future in which oil has gone the way of the dinosaurs
European oil companies have started to address what they worry may one day be an existential threat to their business — the end of a century of oil demand growth in a low carbon world.
Japan Times
BUSINESS
Apr 3, 2019
Shell to quit U.S. refining lobby over climate disagreement and will back Paris accord
Royal Dutch Shell on Tuesday became the first major oil and gas company to announce plans to leave a leading U.S. refining lobby due to disagreement on climate policies.
Japan Times
BUSINESS
Mar 12, 2019
Venezuelan blackout hits oil exports as residents scramble for food and electricity rationing looms
Much of Venezuela, including parts of the capital Caracas, remained without power on Monday for a fifth day, crimping vital oil exports and leaving people struggling to obtain water and food.
Japan Times
BUSINESS / Economy
Mar 4, 2019
Japan inflation barometer points to zero price growth by summer, weighed down by oil and phones
The inflation outlook is looking dismal for the Bank of Japan as cheaper oil and falling mobile phone fees threaten to push price growth toward zero by mid-summer.

Longform

Visitors walk past Sou Fujimoto's Grand Ring, which has been recognized as the largest wooden structure in the world.
Can a World Expo still matter? Japan is about to find out.