Japan's demand for oil is truly monstrous. Even if domestic oil consumption has wound down slightly in the last four decades, this one island nation consumed a staggering 151.4 million metric tons of ...
Japan has begun purchasing Russian crude oil above the $60-a-barrel cap, breaking with Western allies thanks to an exception authorized by the United States. As many European nations weaned themselves ...
Japan and Kuwait have struck a deal to store crude oil for Southeast Asia in Japan in a bid to boost the region’s oil supply network, which is currently rather weak and vulnerable to supply outages.
TOKYO (Reuters) -Japanese oil companies are scaling back decarbonisation initiatives, including hydrogen and ammonia projects, amid a global shift towards more stable and cost-effective fossil fuels.