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November 21, 2024
 

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OPEC

Haitham Al-Ghais, general secretary of Organization of the Petroleum Exporting Countries (OPEC), attends the Rio Oil & Gas & Energy 2024 meeting in Rio de Janeiro on Tuesday.
BUSINESS / Markets
Sep 25, 2024
No peak oil demand 'on the horizon' and phaseout a 'fantasy,' OPEC says
The oil cartel's prediction runs counter to the assessment of the Paris-based International Energy Agency.
The Nafoora oil field in Jakharrah, Libya, on Tuesday
BUSINESS
Sep 1, 2024
Libya’s political feud threatens return of oil supply chaos
The North African nation’s crude output was slashed in half last week amid a fight for control of the central bank.
A man walks past a pollution pod designed to mimic the air quality in New Delhi, during the COP28 summit in Dubai, on Dec 4.
ENVIRONMENT / Climate change
Dec 15, 2023
How the world agreed to move away from fossil fuels at COP28
This year's climate conference marked the first time in history countries expressed a unified desire to end the oil age.
COP28 President Sultan Al Jaber, of the United Arab Emirates, addresses the plenary, after a draft of a negotiation deal was released, at the COP28 United Nations Climate Change Conference in Dubai on Wednesday.
ENVIRONMENT / Climate change
Dec 13, 2023
Nations strike deal at COP28 to transition away from fossil fuels
More than 100 countries had lobbied hard for strong language in the deal to "phase out" oil, gas and coal use, but came up against powerful opposition.
Japan Times
COMMENTARY / World
Jun 6, 2023
Saudi Arabia's solo oil production cut is a risky strategy
By implementing a unilateral output reduction, Riyadh is hoping to boost crude prices.
Japan Times
COMMENTARY / World
Apr 4, 2023
OPEC+’s shock production cut is a capitulation to oil’s decline
Oil producers want more cash from the market. Choosing not to expand output is good for prices, but signals little confidence in demand.
Japan Times
WORLD
Apr 4, 2023
What higher oil prices mean for the fight against climate change
In the past year, soaring energy prices and Russia’s invasion of Ukraine have been both an accelerant and a curse for the transition away from dirty fuels.
Japan Times
BUSINESS / Economy
Apr 3, 2023
OPEC+ announces surprise oil cuts as analysts warn of rise in prices
The U.S. has argued that the world needs lower prices to support economic growth and prevent Russian President Vladimir Putin from earning more revenue to fund the war in Ukraine.
Japan Times
BUSINESS / ANALYSIS
Feb 11, 2023
Oil rebound more likely this year as $100 a barrel possible, OPEC sources say
Oil may resume its rally in 2023 as Chinese demand recovers after COVID-19 curbs were scrapped and lack of investment limits growth in supply.
Japan Times
WORLD / Politics
Oct 17, 2022
Over a barrel, Biden faces tough options with Saudis
Despite growing action on climate change, the United States is decades away from being insulated from high oil prices.
Japan Times
COMMENTARY / World
Oct 7, 2022
The Saudi-Russian oil axis snubs the West with production cuts
Coming weeks before the U.S. midterm elections, many also see the move to cut oil production as a personal attack on President Joe Biden.
Japan Times
BUSINESS
Oct 6, 2022
In rebuke to West, OPEC and Russia aim to raise oil prices with big supply cut
U.S. President Joe Biden and European leaders have urged more oil production to ease gasoline prices and punish Moscow for its aggression in Ukraine.
Japan Times
WORLD / Politics
Oct 4, 2022
OPEC+ production cut poses new threat to Biden as election nears
More than a month after tweeting he had vanquished 'Putin's price hike at the pump,” the U.S. president faces forces on gasoline prices that even Washington can't match.
Japan Times
BUSINESS
Oct 3, 2022
OPEC+ considering major production cut to prop up oil prices
A cut would also mark a major turnaround in policy for OPEC+, which includes Russia.
Japan Times
WORLD
Jul 17, 2022
Biden ends trip with U.S.-Saudi relations on the mend but few other wins
Biden's four-day trip to Israel and Saudi Arabia, his first to the Middle East as president, aimed to reset ties with the Gulf Arab oil giant.
Japan Times
COMMENTARY / World
Feb 9, 2022
America’s frackers are back, and they’re looking leaner
Oil production this month will rise to 8.54 million barrels a day — just 730,000 barrels below the record in November 2019.
Japan Times
COMMENTARY / World
Dec 31, 2021
Expect more turbulent years ahead for the oil producers
The next five years may be no smoother for oil producers than its first five have been.
Japan Times
BUSINESS
Dec 3, 2021
Surprise output hike by OPEC+ follows U.S.-Saudi diplomacy drive
The production boost comes even as the new COVID-19 variant threatens demand, after Washington and Riyadh reached a detente on oil prices.
Japan Times
BUSINESS
Dec 2, 2021
OPEC+ faces output decision as omicron puts market in disarray
Despite the darkening outlook of the oil market, the panel forecast an oversupply of 1.9 million barrels a day in the first quarter, down from previous estimates.
Japan Times
BUSINESS / ANALYSIS
Nov 19, 2021
Biden's overture to Asian oil consumers serves warning to OPEC+
'The strategy here seems like not only a response to the alleged rebuffing of the presidential requests, but also a deliberate threat,' one analyst said.
Ishiba delays meeting with Trump, citing legal restrictions
Prime Minister Shigeru Ishiba waves upon arrival for the Asia-Pacific Economic Cooperation forum, in Callao, Peru, on Friday.
Two of America’s biggest debt holders are dumping Treasurys
The U.S. Treasury building in Washington. Investors in Japan and China sold a pile of U.S. debt in the last quarter, just before the U.S. presidential election.
Rising sex tourism exposes loopholes in Japan's anti-prostitution law
While financial misfortunes during the COVID-19 pandemic may have driven some women to work the streets, others simply want more money to spend — or want to pay off their debts — at host clubs.
Japan ranks last in romance satisfaction for second straight year
In a survey of 31 countries, Japan ranked last in terms of those who felt loved, with just 51% of respondents saying so.
Ruling coalition and DPP strike last-minute deal over economic policy
DPP policy chief Makoto Mahaguchi speaks at the party's policy gathering in Tokyo on Wednesday.
Japan, U.K. and Italy discuss inviting more countries to joint fighter project
A new concept model of a next-generation fighter jet to be jointly developed by Japan, Britain and Italy is on display in Farnborough, Hampshire, in July.
Haruki Murakami's 'The City and Its Uncertain Walls' gives deep deja vu
For “The City and Its Uncertain Walls,” translated into English by Philip Gabriel, Haruki Murakami confronts the ghosts who won't leave him alone.
Japanese expats in Asia find community through rugby
The Taiwan Fivewoods celebrate their victory at the 2023 Asian Japanese Rugby Cup in December of last year.
In Fukushima, a weekend of prose, poetry and translation
Aomori-based writer JJ Carter presented on tabletop gaming as creative inspiration for building characters and narratives.
For Dr. Nakamats, aging is just experience in action
Though he didn't win the recent gubernatorial election in Tokyo, the 96-year-old Dr. Nakamats' run was seen as inspirational in Japan's aging society.

Podcast

One of the many entrances to the Kabukicho neighborhood in Tokyo’s Shinjuku Ward.
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Longform

Construction takes place on the Takanawa Gateway Convention Center in Tokyo, slated to open in 2025.
A boom for business tourism in Japan?
By Kathryn Wortley

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