Metallurgical coal market traders and miners who met in Miami this week see Asia’s promise perking optimism after a run of price declines and bankruptcies.
Posts Tagged ‘Japan’
By Margaret McQuaile | January 25, 2016 12:01 AM Comments (2)
Iran’s speed of re-integration into the global oil market is a million b/d question mark hanging over the industry.
How much additional oil will flow from Iran will depend on how quickly Tehran can ramp up after several years that effectively shut in a chunk of its production and how fast it can make new inroads into an already crowded market.
By Takeo Kumagai | December 21, 2015 12:01 AM Comments (1)
The Japanese refining industry is set for a landslide change as it aims to balance domestic supplies, stabilize its core petroleum business at home, and once that’s settled, expand overseas.
By Eklavya Gupte | December 14, 2015 10:27 AM Comments (3)
“It is a buyer’s market.” This phrase is omnipresent on most oil trader’s lips these days as crude oil prices continue to slide. None typifies this better than the current state of the Nigerian crude oil market. Overhang, glut, oversupply, unsold barrels, are some of the words most associated with Nigerian crude.
By Herman Wang | November 2, 2015 11:02 AM Comments (6)
By William Freebairn | October 20, 2015 12:09 PM Comments (5)
Japan’s fleet of 43 nuclear reactors, with a total installed capacity of about 42,000 MW, has been largely idled since September 2013, when the country adopted stricter nuclear safety requirements in the wake of the Fukushima I accident.
By Elizabeth Bassett | October 16, 2015 12:01 AM Comments (0)
There are certain times of the year that seem to rush by and October is one of those, as evidenced by this installment of The Oil Big Five coming out a bit later than usual. In some ways, this is an indicator of how much there is to do and keep track of, including for the global oil industry.
By Frank Watson | September 25, 2015 12:01 AM Comments (3)
Europe, the US and China have all submitted their plans to the UN ahead of the Paris talks, detailing greenhouse gas emissions reduction targets and measures to achieve them.
While the big players are getting serious on emissions reductions, there are still potential sticking points in the negotiations.
By Takeo Kumagai | August 5, 2015 12:01 AM Comments (1)
There is little doubt that additional crude oil supplies from Iran will intensify competition among Middle Eastern producers, which are already fighting to secure their share of Asia’s dynamic markets against the influx of barrels from western hemisphere suppliers that can no longer rely on the US market.
Tehran’s July 14 nuclear deal with six world powers will eventually lead to additional flows of Iranian oil onto world markets, but oil minister Bijan Zanganeh has already said the thrust of the marketing focus will be on Asia, where Iran has been able to maintain a foothold in the four key consuming countries.
By Ross McCracken | July 2, 2015 12:01 AM Comments (3)