Tag Archives: The Japan Times

Japan asked the United Arab Emirates on Tuesday to make “proactive contributions” as a major oil producer to help stabilize surging crude oil prices triggered by Russia’s invasion of Ukraine, and the two agreed to work closely, Prime Minister Fumio Kishida has said. After a phone call with Crown Prince …

The key uncertainty facing the oil market now is OPEC+ supply from April.

Power generated from wind turbines at sea only accounts for 0.3% of global electricity generation today.

Iranian oil accounted for about five percent of Cosmo'.s total procurement.

The Saudis curtailed production by 420.000 barrels a day to 10.65 million last month.

Japan is the world’s top LNG consumer. with Russia among its key LNG suppliers.

Japan protested through diplomatic channels immediately after confirming China’s latest activities.

It takes about 25 days for oil shipments from Iran to arrive at South Korea.

Venesuela'.s oil production has fallen to just 1.17 million barrels-per-day. a 37 percent drop in the last year.

The United States has been increasingly critical of China-backed infrastructure projects.