Tag - oil

 
 

OIL

Japan Times
WORLD
Sep 2, 2020
One of the world’s richest petro states is running out of cash
When Kuwait’s then-Finance Minister Anas Al-Saleh warned in 2016 that it was time to cut spending and prepare for life after oil, he was ridiculed by a population raised on a seemingly endless flow of petrodollars. Four years on, one of the world’s richest countries is struggling to make ends meet...
Japan Times
JAPAN
Aug 12, 2020
Sea life around Mauritius dying as Japanese ship oil spill spreads
Mauritian volunteers fished dead eels from oily waters on Tuesday as they tried to clean up damage to the Indian Ocean island’s most pristine beaches after a Japanese-owned bulk carrier leaked an estimated 1,000 tonnes of oil.
Japan Times
WORLD
Aug 10, 2020
Anxious Mauritians use hair to stem Japanese ship’s oil spill
Mauritians are making floating booms of human hair and leaves in a round-the-clock scramble to mop up oil leaking from a grounded Japanese ship onto their pristine Indian Ocean beaches.
Japan Times
BUSINESS / Companies
Jul 25, 2020
India’s Reliance now world’s second-largest energy company
Reliance shares have jumped 43 percent this year versus a 39 percent drop in Exxon shares as refiners struggle with a plunge in fuel demand.
Japan Times
BUSINESS
Jul 22, 2020
Bleak aviation outlook has Asian refiners juggling fuel output
Firms are having to make a decision on how best to refine their oil to meet current demand amid the coronavirus pandemic.
Japan Times
WORLD
Jul 7, 2020
Court orders Dakota pipeline shut in latest blow to U.S. fossil fuel projects
A U.S. court ordered the shutdown of the Dakota Access oil pipeline on Monday over concerns about its potential environmental impact, a big win for the Native American tribes and green groups who fought the major pipeline’s route across a crucial water supply for years.
Japan Times
WORLD / Politics
Jun 21, 2020
End of Venezuela’s oil fortune looms over Nicolas Maduro’s regime
Oil revenue, the financial lifeline of Venezuela, is quickly drying up, adding to the growing instability of Nicolas Maduro’s embattled regime.
Japan Times
WORLD / Science & Health / FOCUS
Jun 18, 2020
Millions of abandoned oil wells leaking methane, becoming climate menace
Leaks from abandoned wells have long been recognized as an environmental problem, a health hazard and a public nuisance.
Japan Times
ASIA PACIFIC
Jun 14, 2020
Vast amounts of Venezuelan oil hidden en route to China, bypassing U.S. sanctions
Last year, China replaced the United States as the No. 1 importer of oil from Venezuela, yet another front in the heated rivalry between Washington and Beijing.
Japan Times
WORLD / Science & Health
Jun 8, 2020
Giant diesel spill in Russia offers glimpse of Arctic’s future
With temperatures rising at twice the global average rate in the Arctic Circle, the frozen ground is thawing and causing cracks in roads and buildings.
Japan Times
COMMENTARY / World
May 31, 2020
Back to too much oil?
If swelling production keeps outpacing recovering consumption, we will be returning to the pre-1970 world of cheap oil.
Japan Times
BUSINESS / Economy
May 25, 2020
Fading fossil fuel prices next big test for Russia’s battered economy
Some predict the peak for oil prices was in 2019, about 15 years earlier than the Kremlin was expecting.
Japan Times
BUSINESS / Economy / EXPLAINER
May 24, 2020
New lows: What do near-negative oil prices mean for Japan’s economy?
The benchmark U.S. oil price fell below zero last month for the first time in history.
Japan Times
COMMENTARY / World
May 19, 2020
How will COVID-19 reshape Asia’s energy future?
Impacts on the energy realm could have ripple effects for geopolitics more generally.
Japan Times
BUSINESS
May 11, 2020
In post-lockdown era, car usage could rebound as people avoid public transport
As lockdowns ease and parts of the world reopen for business, driving has emerged as the socially distant transportation mode of choice.
Japan Times
ASIA PACIFIC / Politics
Apr 27, 2020
High-seas energy fight off Malaysia draws U.S. and Chinese warships
U.S. Secretary of State Michael Pompeo has accused China of ‘exploiting” the world’s focus on the COVID-19 pandemic with provocations in the South China Sea.
Japan Times
COMMENTARY / World
Apr 23, 2020
Oil: The perfect storm
The collapse of production and investment in the oil industry is hard on the millions of people who make their livings from it, but the writing has been on the wall for some time.
Japan Times
BUSINESS
Apr 22, 2020
Japan pump price down for 13th straight week
The average retail gasoline price in Japan as of Monday fell ¥1 from a week before to ¥130.9 per liter, down for the 13th consecutive week, the Agency for Natural Resources and Energy said Wednesday.
Japan Times
BUSINESS / Economy
Apr 13, 2020
OPEC and Russia approve biggest-ever oil cut amid pandemic
After four days of talks, the group known as OPEC Plus has agreed to reduce output by 9.7 million barrels per day for May and June.
Japan Times
BUSINESS / Companies
Apr 8, 2020
After cuts by other major oil producers, Exxon chops spending by 30%
Exxon Mobil Corp on Tuesday throttled back a multi-year investment in shale, LNG and deep water oil production and will cut planned capital spending by 30 percent this year as the COVID-19 pandemic saps energy demand and oil prices.

Longform

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