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December 05, 2024
 

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OIL

BUSINESS / Economy
Dec 1, 2014
Failing oil prices force rethink of 2015 budget, Iraq says
Falling oil prices have forced Iraq to scrap the draft 2015 budget it planned to present to parliament on Sunday, Prime Minister Haidar al-Abadi told lawmakers.
Japan Times
BUSINESS / Economy / ANALYSIS
Nov 28, 2014
Crude oil slide thorn in BOJ's side
When a country imports almost all its energy, a slide in oil prices to a four-year low should be helpful — cutting costs for companies and households. For Japan, it may not be so simple.
BUSINESS / Markets
Nov 18, 2014
Japan's recessionary slide hits stocks, oil worldwide
Data showing Japan slipped into recession in the third quarter raised concerns Monday about global economic health, hitting stocks and the price of oil.
EDITORIALS
Oct 20, 2014
Oil-price dip is no panacea
Falling oil prices — to below $80 a barrel a few weeks ago — indicate that concern over faltering demand because of weakness in the global economy trumps the usual market reponse to turmoil in the Middle East.
Japan Times
WORLD
Oct 19, 2014
Western sanctions force Russia to aid China's rise; Beijing may acquire advanced weapons
Defying his former enemies in the United States and Europe may force Russian President Vladimir Putin to aid the ascent of his biggest rival in the east.
COMMENTARY / World
Oct 17, 2014
Oil market is proving mightier than OPEC
The only sensible oil-pricing strategy for Saudi Arabia and OPEC — in light of U.S. shale output — is to focus on market share and allow prices to decline to the point at which they slow the growth in non-OPEC output and lessen the drive for energy efficiency.
COMMENTARY / World
Oct 14, 2014
Saudi Arabia's oil enigma
Saudi Arabia is sometimes likened to a central bank managing the global oil market, adding or withdrawing supplies to control prices. But that vastly overstates the degree of influence, let alone control, that the kingdom exercises over the market.
BUSINESS / Companies
Sep 30, 2014
Sumitomo shares plunge over huge investment losses
Sumitomo shares post their biggest fall in almost two decades after the trading house said it lost $2.2 billion on investments, including Texas shale oil and Australian coal mining.
BUSINESS
Sep 24, 2014
Philanthropies and investors pledge $50 billion divestment from fossil fuels
The Rockefellers, who made their vast fortune from oil, and other philanthropies and high-wealth individuals have pledged to divest $50 billion from investments in fossil fuels.
Japan Times
COMMENTARY / Japan / SENTAKU MAGAZINE
Sep 21, 2014
Rather than boon for Japan, U.S. shale oil is still rip-off
Japan's national wealth is draining away as its trading companies keeping paying premium prices for the oil on offer from the U.S. and the Middle East.
WORLD
Sep 19, 2014
Islamic State sells seized Syrian oil on cheap to profiteers to fuel its advances
In an oil field in northeastern Syria, a line of trucks lines up daily to load crude sold cheaply by Islamic State militants who have hijacked parts of the country's energy industry in their bid to build a caliphate.
COMMENTARY / World
Sep 7, 2014
Why the shale revolution is not about to end
Doubts about the sustainability of the North American oil and gas boom center on rapidly declining output from many shale wells after they are drilled.
WORLD
Sep 5, 2014
BP 'grossly negligent' in 2010 U.S. spill, fines could be $18 billion
A U.S. judge has decided that BP Plc was "grossly negligent" and "reckless" in the Gulf of Mexico oil spill four years ago, a ruling that could add nearly $18 billion in fines to more than $42 billion in charges the company took for the worst offshore environmental disaster in U.S. history.
BUSINESS
Sep 5, 2014
Iran gets $1 billion in Japan oil revenue under extended nuclear deal: IRNA
Iran's central bank has received a total of $1 billion of previously frozen oil revenue from Japan under the terms of an extended nuclear agreement with six world powers, state news agency IRNA reported on Thursday.
Japan Times
BUSINESS / Economy
Aug 29, 2014
METI tells nation to stockpile toilet paper against next disaster
Bureaucrats don't want Japan to get caught with its pants down the next time toilet paper supplies run short after a natural disaster.
Japan Times
ASIA PACIFIC
Aug 26, 2014
Jakarta tiptoes around issue of gas-rich islets
The word "sleepy" could have been invented for Ranai, the largest town in Indonesia's remote and sparsely populated Natuna archipelago.
Japan Times
WORLD
Aug 25, 2014
Final TV showdown in Scotland's independence debate looms before September vote
Scotland's future will be debated in a final TV showdown on Monday just weeks before a historic independence referendum with the pro-breakaway camp, behind in the polls, looking for a game-changing performance from its leader Alex Salmond.
Japan Times
WORLD / Science & Health / FOCUS
Aug 22, 2014
Refracking brings 'vintage' oil and gas wells back to life
A fracking boom isn't enough for U.S. oil and gas producers — they're now starting the re-fracking boom.
Japan Times
WORLD / Crime & Legal
Aug 16, 2014
Estranged wife of Oklahoma oil baron Hamm could get billions in divorce case
More than $17 billion of Oklahoma oilman Harold Hamm's fortune could be subject to division with his estranged wife, according to an economic analysis presented in their divorce trial, defining the stakes in one of the biggest battles ever over a marital estate.
South Korea's Yoon backs down after parliament rejects martial law
Soldiers try to enter the National Assembly building in Seoul, after South Korea President Yoon Suk Yeol declared martial law late Tuesday evening.
BOJ weighs case for first triple hike since Japan’s bubble burst
Bank of Japan Gov. Kazuo Ueda reiterated in an interview published Saturday that authorities will raise rates if the economy performs in line with projections.
Australian says romance scam tricked her into smuggling drugs into Japan
Donna Nelson says her life was turned upside down when she learned that the man she was falling for had tricked her into smuggling 2 kilograms of methamphetamine into Japan.
Jetstar Japan loses lawsuit over disciplinary action against cabin crew
Jetstar Japan has been ordered to pay back wages to two cabin crew members for the periods they were suspended.
Nomura CEO takes pay cut after former employee charged with attempted murder
Kentaro Okuda, CEO of Nomura Holdings, speaks during a news conference in Tokyo on Tuesday.
U.S. Space Force launches first unit in Japan
Activated on Wednesday, U.S. Space Forces Japan — a component similar to the one established at South Korea’s Osan Air Base in 2022 — will operate out of Yokota Air Base in the city of Fussa, western Tokyo, with a staff of about 10.
Can Japan's scientific community rebound from a Nobel nosedive?
The National Museum of Emerging Science and Innovation in Tokyo is a popular place to foster curiosity in the natural sciences.
Europe eyes 'boots on the ground' in Ukraine as possible peace deal option
A serviceman with the Ukrainian Army's 24th mechanized brigade fires a machine gun during an exercise, amid Russia's attack on Ukraine, in the country's Donetsk region on Friday.
Seven strangers and an algorithm: Can this new dinner app help you make friends?
Timeleft uses an algorithm to match its users with five or six strangers in an effort to prompt “human connection” over dinner at a restaurant. It determines the attendees with the help of a simple personality quiz available when you sign up for the service.
Don’t worry, you can still use your Japan health insurance card — for now
A My Number card reader at a pediatric clinic in Tokyo. While the government will stop issuing new health insurance cards on Monday, most people will remain unaffected by the move in the short term as existing health insurance cards can still be used for another year.

Podcast

One of the many entrances to the Kabukicho neighborhood in Tokyo’s Shinjuku Ward.
Kabukicho: Tokyo’s ‘stadium of desire’

Longform

The National Museum of Emerging Science and Innovation in Tokyo is a popular place to foster curiosity in the natural sciences.
Can Japan's scientific community rebound from a Nobel nosedive?
By Tomoko Otake

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