Edition:
International

Yuka Obayashi

Japan refiners dust off fuel oil supply chains to meet rising utility demand

Nov 25 2021

TOKYO Japanese refiners are dusting off unused supply chains for fuel oil and getting coastal vessels and storage tanks ready after receiving requests from electric utilities to supply more fuel oil this winter amid a global crunch for power generation fuels.

Oil prices drop as coordinated reserve release eases some supply fears

Nov 23 2021

* API shows crude, gasoline stocks rise; distillates down -sources

Japan, U.S. agree to start talks on additional steel, aluminium tariffs

Nov 15 2021

TOKYO Japan and the United States have agreed to start discussions aimed at tackling additional U.S. tariffs on Japanese steel and aluminium imports during a bilateral meeting in Tokyo, Japan's industry ministry said on Monday.

Japan's refiners look to invest bumper profits in energy transition

Nov 11 2021

TOKYO (Reuters) -Japanese refiners reported strong earnings for April-September and lifted their annual forecasts as surging oil prices brought hefty valuation gains on inventories and boosted earnings from their upstream oil assets.

Japan's refiners look to invest bumper profits in energy transition

Nov 11 2021

TOKYO, Nov 11 Japanese refiners reported strong earnings for April-September and lifted their annual forecasts as surging oil prices brought hefty valuation gains on inventories and boosted earnings from their upstream oil assets.

Japan refiner Eneos, Goldman to launch tender offer in $4.2 billion Nippo deal

Nov 11 2021

TOKYO (Reuters) -Japan's Eneos Holdings and Goldman Sachs on Thursday moved ahead with a tender offer for the 43% the refiner doesn't already own in roadbuilder Nippo Corp, shrugging off opposition from activist Oasis Management to a deal that values all of Nippo at more than $4 billion.

Japan, once a leader on climate, under fire for coal use at COP26

Nov 08 2021

TOKYO More than 20 countries agreed to phase out coal power at the U.N. climate talks in Glasgow, but not Japan - a "leap backwards" for a country that once led the way on the Kyoto Protocol to reduce greenhouse gas emissions.

Japan's trading houses serve up buffet of record earnings

Nov 05 2021

TOKYO, Nov 5 Japan's trading houses booked record profits and upped full-year guidance, lifted by surging prices for commodities and growing demand for machinery, shipping and food as the global economy began to shake off the effects of a pandemic-induced slump.

Sumitomo notches record profit on higher commodity prices, ups annual outlook

Nov 04 2021

TOKYO Japanese trading house Sumitomo Corp reported a record net profit for April-September and lifted its annual forecast by 31%, as a surge in commodity prices and the resumption of nickel output at Madagascar led to a rapid earnings recovery momentum.

UPDATE 1-Sumitomo notches record profit on higher commodity prices, ups annual outlook

Nov 04 2021

TOKYO, Nov 4 Japanese trading house Sumitomo Corp reported a record net profit for April-September and lifted its annual forecast by 31%, as a surge in commodity prices and the resumption of nickel output at Madagascar led to a rapid earnings recovery momentum.

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