Newsletter

Potential Return of Former President Trump Dominates Talks at Davos Economic Forum

At the annual meeting of the World Economic Forum (WEF) (Davos), which starts on January 15th, the possible return of former President Trump will be the main topic, pushing issues such as Ukraine, China, trade and climate change aside. ok Photograph taken in New York on the 11th (2024 Reuters/Shannon Stapleton) LONDON (Reuters Breakingviews) – […]

Saudi Aramco Cuts Official Selling Price for Arab Light Crude Oil

On the 7th, Saudi Arabia’s national oil company, Saudi Aramco, reduced the official selling price (OSP) for its main type of Arab Light crude oil for Asian customers in February by $2 from January. This is the lowest level since November 2021. The photograph was taken in January 2016 in Khobar province (2024 Reuters / […]

Protests Force Shutdown of Libya’s Sharara Oil Field, Halting Production

[3日 ロイター] – The Sharara oil field, one of Libya’s largest, was hit by demonstrations by local residents and was forced to halt operations completely. Two engineers told Reuters. The maximum production rate of the oil field is 300,000 barrels per day. Demonstrators from the southern region of Fezzan in Libya claim that oil fields […]

Global Mega-Cap High-Tech Stocks Soar in 2023 Amid AI Optimism

In 2023, global mega-cap stocks (very large stocks) that focus on high-tech stocks rose significantly. Optimism about artificial intelligence (AI), a sense of relief that inflation has peaked, and expectations for interest rate cuts were among the tailwinds. Photo taken in New York in December 2023 (2024 Reuters / Eduardo Munoz) [2日 ロイター] – In […]

Mitsui & Co moving workers out of Arctic LNG project, secondment to Japan

On December 26, the electronic version of Sankei Shimbun reported that Mitsui & Co, which has been participating in a liquefied natural gas (LNG) development project in the Russian Arctic through a joint venture, has decided to bring its workers on secondment to Japan. The photo shows facilities related to Arctic 2 being built in […]

Russia’s Arctic LNG project sees foreign investment suspension amid US sanctions

TOKYO (Reuters) – Foreign Minister Yoko Kamikawa said at a press conference on the morning of the 26th, regarding some reports that foreign companies investing in a liquefied natural gas (LNG) development project in Russia’s Arctic region have suspended their participation , “government “We will make a comprehensive judgment and respond appropriately to ensure that […]

Ukrainian Army Attacks Russia-Controlled Oil Storage Facility in Lugansk

The Ukrainian Army Targets Russian-Controlled Oil Storage Facility in Lugansk The Ukrainian army made an announcement on the 4th of May regarding an attack on an oil storage facility in Lugansk, located in eastern Ukraine and under Russian control. The attack reportedly took place the day before. The Ukrainian military, in a message posted on […]

IEA raises global oil demand forecast despite economic slowdown

IEA Revises Up Forecast for Global Oil Demand Growth The International Energy Agency (IEA) has revised up its forecast for global oil demand growth for this year and next, despite the expected economic slowdown in almost all major countries. The agency cited solid supplies in the US and record demand in China in September as […]

US Imposes Additional Sanctions on Russia’s Arctic LNG 2 Project, Japan Concerned about Energy Supply Impact

Economy Minister Announces US Sanctions on Arctic LNG 2 Development Project TOKYO (Reuters) – Economy, Trade and Industry Minister Yasutoshi Nishimura revealed at a post-Cabinet conference on November 7th that the US government has imposed additional sanctions on Russia, specifically targeting the Arctic LNG 2 development project. The minister acknowledged the importance of this project […]