Tag - oil

 
 

OIL

Japan Times
BUSINESS
Aug 10, 2015
Japan logs largest January-June current account surplus since 2010
Japan posted a current account surplus of ¥8.18 trillion in the January to June period, the largest since the second half of 2010, as lower crude oil prices pushed down imports and income increased on the back of a weaker yen, the government said Monday.
BUSINESS
Aug 10, 2015
Tokyo gets Tehran's blessing toward restoring oil imports to pre-sanctions levels
Japan can boost crude oil and natural gas imports from Iran to levels seen before sanctions were stepped up against Tehran, Iranian Oil Minister Bijan Namdar Zangeneh said Sunday.
BUSINESS / Companies
Aug 4, 2015
Major Japanese firms post robust profit growth in April-June
Major Japanese firms posted robust year-on-year profit rises in the April-June quarter due to the yen's decline, an oil price plunge and fading adverse effects of the consumption tax hike in April 2014, according to data compiled by a major brokerage.
BUSINESS / Companies
Jul 30, 2015
Shell to sell Japan refiner stake for ¥169 billion to Idemitsu
Royal Dutch Shell also announced it plans to cut 6,500 jobs this year and reduce capital investment by $7 billion as it prepares for a 'prolonged downturn.'
Japan Times
BUSINESS / Economy
Jul 23, 2015
Japan trade deficit shrinks 77% to ¥1.73 trillion
Japan's goods trade deficit in the January to June period shrank 77.4 percent from a year earlier to ¥1.73 trillion ($13.9 billion), due partly to smaller imports on the back of declining crude oil prices, the government said Thursday.
BUSINESS
Jul 20, 2015
Iran official says Japan may be allowed to rejoin oil field project
A senior Iranian Oil Ministry official said Monday that it may be possible for Japan to resume participation in an oil field development project from which it withdrew nearly five years ago due to effects of strengthened U.S. sanctions against Tehran over its nuclear ambitions.
Japan Times
COMMENTARY / World
Jul 13, 2015
Watch as Riyadh cozies up to the Russians
Saudi Arabia is building up ties with Russia, not least because it would like help in building 16 nuclear reactors.
Japan Times
BUSINESS / Economy
Jul 8, 2015
Japan logs current account surplus for 11th straight month in May
Japan posted a current account surplus for the 11th straight month in May, as declining crude oil prices continued pushing down imports and a weaker yen boosted income from abroad, the government said Wednesday.
ASIA PACIFIC
Jun 30, 2015
China says some South China Sea land reclamation projects completed
China has completed some of its land reclamation on the Spratly Islands in the South China Sea, the Foreign Ministry said Tuesday, raising the stakes in Beijing's territorial dispute with its Asian neighbors.
BUSINESS / Companies
Jun 26, 2015
Refiner JX Holdings to diversify after oil prices fall
JX Holdings Inc., Japan's biggest refiner, will cut spending by almost 25 percent as part of a three-year plan that will also see the company try to counter the decline in oil prices with a shift away from oil-based products.
Japan Times
BUSINESS / Economy
Jun 17, 2015
Trade deficit shrank 76.5% in May compared with year earlier
The trade deficit shrank 76.5 percent in May from a year earlier to ¥216.0 billion as declining crude oil prices continued to push down imports, the government said Wednesday.
COMMENTARY / World
Jun 16, 2015
Oil is not inexorably fading from the world stage
The age of oil will endure for the forceable future.
ASIA PACIFIC / Politics
Jun 10, 2015
Chinese-born Aussie senator defends Beijing over sea dispute, 1989 crackdown
A Chinese-born Australian senator on Wednesday defended Beijing's claims to a chain of disputed islands at the center of growing tensions in the South China Sea, saying the country with the most power "at the time" will emerge triumphant.
COMMENTARY / World
Jun 9, 2015
OPEC decision reflects new oil market reality
OPEC's decision on Friday not to cut production was entirely predictable and the only practical option open to its members.
BUSINESS / Economy
Jun 8, 2015
Current account logs surplus for 10th month straight
Japan posted a current account surplus for the 10th consecutive month in April, as declining crude oil prices pushed down imports and the weaker yen boosted income from abroad.
Japan Times
COMMENTARY / World
May 31, 2015
South China Sea disputes test China's peaceful rise
The South China Sea has become a critical testing ground for the changing economic, political and military relationship between China and the United States.
ASIA PACIFIC
May 28, 2015
Militaries play nice in the South China Sea
Southeast Asian militaries are talking and sharing more as they seek to prevent accidents in the South China Sea, despite inertia from governments over territorial disputes with China.
Japan Times
ENVIRONMENT
May 22, 2015
Oil-fouled California beach could take months to clean up; slicks spread offshore
Cleanup crews labored through a third day to scoop up patches of crude oil from a pipeline spill that closed two California state beaches and fouled offshore waters, shattering an environmental balance that U.S. Coast Guard officials said on Thursday may take months to restore.
Japan Times
WORLD
May 21, 2015
Workers toil after massive oil pipeline spill fouls California beach, offshore area
Cleanup crews fanned out on Wednesday across an oil-fouled California beach to scoop up gobs of petroleum spewed from a ruptured pipeline in the largest oil spill to hit the pristine but energy-rich Santa Barbara coastline in nearly two decades.
EDITORIALS
May 20, 2015
Too much emphasis on coal power
The Abe administration is placing far too much weight on coal in formulating the national energy policy.

Longform

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