In a new Oilgram News column, Fuel for Thought, Herman Wang explains how the abundance of domestic crude oil production gives the US diplomatic leverage and considers how — or if — that could change if export restrictions were lifted.
Posts Tagged ‘Japan’
By Herman Wang | November 2, 2015 11:02 AM Comments (5)
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 (1)
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)
By Vandana Hari | June 19, 2015 12:01 AM Comments (3)
The world seems to be using more oil now that it is 40% cheaper than a year ago and especially so in countries enjoying some economic growth momentum.
Depending on who you are listening to, the US, China, India and the Middle East are cited as the main drivers of demand growth in 2015, with consumption in Japan and the Eurozone improving from a low base last year, in line with their economic recovery.
By Elizabeth Bassett | June 4, 2015 12:01 AM Comments (2)
There are certain months that have obvious potential for big news, and June looks like one of them. November 2014 was another one, and this month’s iteration of The Oil Big Five follows up on many of the themes that were raised then.
We reached out to Platts oil editors and analysts worldwide to see what they were keeping an eye on in June, and these topics came back as immediate responses. We hope you’re tracking them as well, and be sure to leave us a comment and let us know your thoughts on the issues below or on Twitter, using the hashtag #oilbig5. If you’re not as concerned about these topics, then let us know what you are watching and what we should be watching as well.
By Brian Scheid | June 1, 2015 12:01 AM Comments (2)
There’s an economic argument to be made for lifting US crude oil export restrictions, and then there’s the argument that American oil could go a long way toward providing security to the US and its allies. Brian Scheid explains in this week’s Oilgram News column, Regulation and Environment.