Commentary: What a nuclear restart means for Japanese oil demand
With so much focus on the level of Chinese oil imports, impending US LNG exports, and India’s rising coal consumption, it goes somewhat by the wayside that Japan is one of the largest global consumers...
View ArticleCrude sinks below $42 as Japan’s economy sinks
U.S. crude fell to a new six-year low Monday after Japan said its economy contracted in the second quarter and more signs emerged that the global oil glut isn’t going away quickly.
View ArticleToyota aims to nearly eliminate gasoline cars by 2050
Toyota, under ambitious environmental targets, is aiming to sell hardly any regular gasoline vehicles by 2050, only hybrids and fuel cells, to radically reduce emissions.
View ArticleOil tanker rates jump to seven-year high as ships forced to wait
Oil tanker rates soared to the highest in seven years amid an acceleration in the number of bookings and signs that the ships are being delayed when unloading due to a lack of space in on-land storage...
View ArticleGlobal stocks routed again as oil slide seems bottomless
Benchmark U.S. crude for March delivery was down 87 cents, or 3.1 percent, at $27.59 per barrel in electronic trading on the New York Mercantile Exchange.
View ArticleSolar power hits the brakes amid incentive cuts in Asia, Europe
As more countries begin to implement plans to reach climate goals agreed to in Paris last year, the global solar industry will again accelerate to about 20 percent annual growth over the next few years.
View ArticleRussian, Japanese economies continue to be impacted by crude
One hundred and thirty-four years after the birth of Virginia Woolf, and action in the crude complex is night and day compared to Friday. After rampant short-covering was seen at the end of last week,...
View ArticleSaudi, Venezuela and Mexico provide over half of all US waterborne crude imports
It is aptly ‘National Puzzle Day‘ today, and the crude complex is responding accordingly and puzzlingly rallying like a mad thing, despite the weak fundamental backdrop and a super-strong dollar. This...
View ArticleNuclear may not be cool anymore, but it’s not dead
"The fallacy out there is that all megawatts are created equal," TransCanada CEO Russ Girling said Thursday.
View ArticleDesigned for defense, renewable-energy buoy makes waves at OTC
Somewhere off the coast of Japan, a 40-foot buoy is bobbing and weaving in the ocean, dancing with the waves to generate its own electricity. As it slowly gyrates, a floating platform heaves up and...
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