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December 05, 2024
 

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OIL

Oil pump jacks in Tatarstan, Russia, on June 4
BUSINESS / Companies
Sep 21, 2023
Oil companies cautious about drilling as energy transition looms
Instead of spending big to boost output, oil companies are boosting dividends or buying back shares to reward investors.
California Gov. Gavin Newsom has described the climate crisis as a fossil fuel crisis.
WORLD / Politics
Sep 18, 2023
California files lawsuit against energy firms over climate crisis
The move follows the world’s hottest summer on record, in which the state grappled with wildfires, blistering heat, drought, severe storms and flooding.
The sudden resignation of BP CEO Bernard Looney may mark a crossroads clean energy, as Looney was seen as pushing for a transition more aggressively than his industry peers.
BUSINESS / Companies
Sep 13, 2023
BP chief’s surprise exit leaves questions over green strategy
BP said Tuesday that the 53-year-old CEO was departing after failing to fully disclose to the company board past relationships with colleagues.
Part of the Trans Alaska Pipeline System near Delta Junction, Alaska, on May 5
WORLD / Politics
Sep 7, 2023
Biden to cancel oil field leases in Arctic reserve sold by Trump
Territory in northern Alaska long prized for its oil and gas potential, but also as home to waterfowl, caribou, polar bears and other wildlife.
Exxon Mobil projects the world will reach 25 billion metric tons of energy related carbon dioxide emissions in 2050.
ENVIRONMENT / Climate change
Aug 29, 2023
Exxon says world set to fail global warming cap by 2050
The largest U.S. oil producer projects the world will reach 25 billion metric tons of energy related carbon dioxide emissions in 2050.
A Saudi Aramco oil tank at the Ras Tanura refinery and terminal in Saudi Arabia
BUSINESS / Companies
Aug 27, 2023
U.N. experts challenge Saudi Aramco over climate change
The largely state-owned enterprise plans to ramp up national oil production capacity to 13 million barrels per day by 2027.
Roofers sport hats to take cover from the sun during a heat wave in Eagle Pass, Texas, late last month.
WORLD
Aug 24, 2023
Heat wave led to huge release of methane from fossil fuel plants
Imagery shows operators in the largest U.S. energy basin released hundreds of tons of gas into the air as crucial equipment was forced to shut down.
The ocean has absorbed a whopping 90% of the warming that’s occurred in recent decades as a result of increasing greenhouse gases. Shipping is responsible for a large portion of those emissions, pumping out more than a billion tons in 2018.
BUSINESS / Markets
Aug 16, 2023
Shipping's quest for greener fuel runs into climate complications
Three-and-a-half years ago, a new rule was established to cut ships’ sulfur emissions. Yet some scientists have linked that to warmer ocean temperatures.
The Cushing storage hub in Oklahoma. Crude oil stock declines have been geographically uneven so far, with inventory falls in the United States and Europe offset by increases in China and Japan.
BUSINESS
Jul 31, 2023
Oil inventory drops set stage for higher prices
Oil inventories now play a bigger role in determining prices than the U.S. dollar because sanctions on Russia have sped up trading in other currencies.
Prime Minister Fumio Kishida meets with Saudi Arabian Crown Prince Mohammed bin Salman and other officials in Jeddah, Saudi Arabia, on Sunday.
EDITORIALS
Jul 21, 2023
Kishida takes ‘global green’ initiative to the Middle East
Middle East countries are keen to diversify their economies, reducing their reliance on oil and gas for revenue. Japan hopes to assist in that transition.
Japan Times
COMMENTARY / Japan
Jul 20, 2023
Kishida’s Middle East visit creates a great opportunity for Japan
Kishida visit shows Japan's policy vis-a-vis the Middle East is shifting from the traditional energy-securing economic diplomacy to a more strategic foreign policy.
Japan Times
JAPAN / FOCUS
Jul 19, 2023
Kishida tries to diversify ties with Middle East
The Middle East, which accounts for more than 90% of Japan's total crude oil imports, is stepping up efforts to diversify its industries while working to reduce its dependence on oil.
Japan Times
JAPAN
Jul 17, 2023
Japan and UAE agree to cooperate on tech innovation and climate change
The prime minister and the Emirati president discussed a comprehensive strategic partnership between the UAE and Japan, and signed several agreements covering different sectors.
Japan Times
COMMENTARY / World
Jul 10, 2023
Shipping needs nuclear power to solve its emissions problem
The shipping industry’s energy needs far exceed the capacity of green sources like solar and wind. There is only one clean alternative: nuclear power.
Japan Times
BUSINESS
Jul 10, 2023
One country’s COVID restrictions are turning into a moneymaker
Keeping Azerbaijan's land crossings closed stops hard currency leaks at a time when the country's oil output remains dangerously low.
Japan Times
COMMENTARY / World
Jun 28, 2023
A little panic might be in order amid global heat records
Soaring temperatures this spring should spur governments to finally live up to their pledges to curb the use of fossil fuels
Japan Times
BUSINESS
Jun 25, 2023
Gas is here to stay for decades, say fossil fuel heavyweights
Seen as a short-term bridge to greener energy sources, environmentalists have sought to phase out LNG amid worries that it's far dirtier than advertised.
Japan Times
BUSINESS / Companies
Jun 22, 2023
Cosmo Energy wins investor approval for 'poison pill' against activist
The approval marks the second such vote on a poison pill in Japan that excludes an investor, in a practice some governance experts say could deter shareholder activism.
Japan Times
COMMENTARY / World
Jun 19, 2023
COVID-19 was a natural experiment for climate policy
When fossil-fuel demand declines only in some countries, supply does not fall because other parts of the world will absorb the unused fuel at lower prices.
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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