Tag - oil

 
 

OIL

WORLD
Apr 12, 2016
Pirates snatch Turkish tanker skipper, five crew members off Nigeria
Six Turkish members of a cargo ship's crew have been kidnapped by pirates off the coast of Nigeria, a spokesman for the Nigerian navy said on Monday.
Japan Times
ASIA PACIFIC
Apr 6, 2016
Beijing opens new lighthouse on man-made island in South China Sea
Beijing announced Tuesday that it has begun operating a lighthouse on the man-made island in the contested South China Sea that the U.S. sailed a warship near last October as part of its so-called freedom of navigation program.
ASIA PACIFIC
Mar 18, 2016
U.S. sees Chinese activity at reef seized from Philippines
The United States has seen Chinese activity around a reef that China seized from the Philippines nearly four years ago that could be a precursor to more land reclamation in the disputed South China Sea, the U.S. Navy chief said Thursday.
Japan Times
BUSINESS / Economy
Feb 26, 2016
Japan's January CPI doesn't budge with BOJ far from 2% goal
The Bank of Japan's key price gauge did not move in January as it continued to hover around zero, putting Gov. Haruhiko Kuroda far from his 2 percent inflation goal even after adopting a negative-rate policy.
Japan Times
COMMENTARY / World
Feb 21, 2016
Oil prices poised to remain low as Saudis 'blink'
Panic is mounting among the major oil producers over the prospect of a long period of very low oil prices.
Japan Times
BUSINESS
Feb 16, 2016
Russia, Saudis tentatively offer to freeze oil output levels
Russia's energy minister said on Tuesday that his country has agreed with OPEC members Saudi Arabia, Qatar and Venezuela to freeze oil production levels if other producers do the same.
ASIA PACIFIC
Feb 16, 2016
China island-building expands as ASEAN leaders gather in U.S.
China's South China Sea island-building has expanded into the Paracel Islands, according to satellite photos published as Southeast Asian leaders gathered in California for two days of talks with U.S. President Barack Obama.
ASIA PACIFIC
Feb 15, 2016
Top U.S. Navy official warns against Chinese fighter flights from South China Sea runways
Any move by China to fly fighter jets from runways on its new man-made islands in the disputed South China Sea would be destablizing and would not deter U.S. flights over the area, a senior U.S. naval officer said Monday.
ASIA PACIFIC
Feb 13, 2016
Manila considers two-way talks on South China Sea with Beijing — if it wins case at The Hague
The Philippines may consider two-way talks with China to resolve a territorial dispute in the South China Sea — but only if it wins its case with Beijing at an arbitration tribunal in The Hague, Manila's foreign minister has said.
COMMENTARY / World
Feb 12, 2016
Saudi reform efforts wax and wane with oil prices
No one should underestimate the determination of Saudi Arabia's new rulers to overhaul the kingdom's economy, but the immense challenges should not be underestimated either.
ASIA PACIFIC / Politics
Feb 11, 2016
China warns on South China Sea as U.S., India consider patrols
China on Thursday responded to a Reuters report that the U.S. and India are discussing joint naval patrols in the disputed South China Sea, warning that interference from countries outside the region threatens peace and stability.
Japan Times
BUSINESS / Economy
Feb 10, 2016
Wholesale prices fell 3.1% in January
Japan's wholesale prices dropped 3.1 percent in January from a year earlier for the 10th straight month of decline, with a slowing Chinese economy and oversupply concerns leading to lower crude oil and other commodity prices, the Bank of Japan said Wednesday.
Japan Times
ASIA PACIFIC
Feb 10, 2016
White House says disputes over South China Sea must not involve Chinese 'bullying'
President Barack Obama will deliver a tough message to China during a summit with Southeast Asian countries next week that disputes in the South China Sea must be resolved peacefully and not with a big nation "bullying" smaller neighbors, the White House said on Tuesday.
Japan Times
COMMENTARY / World
Feb 9, 2016
The danger of oil dictators falling like dominos
This year promises to be interesting — and harrowing — if you happen to be a dictator clinging to power in an oil-exporting country.
BUSINESS / Economy
Feb 8, 2016
Cheap oil boosts Japan's 2015 current account surplus sixfold
The nation's current account surplus grew more than sixfold in 2015 from the previous year to ¥16.64 trillion, boosted by a plunge in crude oil imports and a travel surplus amid the yen's depreciation, government data showed Monday.
Japan Times
BUSINESS / Companies
Feb 5, 2016
Sumitomo swings to loss, cuts forecast as writedowns mount
Sumitomo Corp. swung to a net loss in the third quarter and cut its full-year profit target by more than half as impairments on the value of its resources investments widened amid the slump in commodity prices.
Japan Times
BUSINESS / Economy
Feb 3, 2016
Kuroda ready to cut rates further if needed
Bank of Japan Gov. Haruhiko Kuroda calls a negative interest rate a “powerful weapon” for monetary easing, says it may be cut again if needed.
Japan Times
WORLD
Feb 3, 2016
Islamic State's Iraq, Syria stakes shrinking but oil-rich Libya another story: Kerry
An international coalition is pushing back Islamic State militants in their Syrian and Iraqi strongholds, but the group is threatening Libya and could seize the nation's oil wealth, U.S. Secretary of State John Kerry said on Tuesday.
Japan Times
COMMENTARY / World
Feb 2, 2016
Brace for the coming wave of oil-crunch refugees
Oil wealth can be both a blessing and a curse.
Japan Times
COMMENTARY / World
Jan 29, 2016
Saudi Arabia is a far worse threat than Iran
Now that it is less dependent Saudi oil, the U.S. should end its 'special relationship with Riyadh and pursue a more balanced foreign policy in the Mideast.

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