Arab Oil Provided Nearly 90% of Japan’s Crude Needs in April

Saturday, June 2, 2018

View of Tokyo

By Khaldon Azhari
Tokyo - PanOrient News. Japan imported 88.4% of its crude oil needs from Arab countries in April 2018, signifying the region’s importance as a major hub for the energy moving the Japanese economy.

Data released by the Tokyo-based Agency for Natural Resources and Energy showed that Japan’s total crude imports of 96.607 million barrels in April came in large part from Saudi Arabia, which provided 40.3% of crude imports at 38.933 million barrels. The second-largest provid...

Japan’s Nuclear Regulator Approves ``Unsafe`` Mihama 3 Safety: Greenpeace

Wednesday, August 3, 2016

Mihama Nuclear Power Plant across the bay

Tokyo- (PanOrient News) Japan' Nuclear Regulatory Authority today approved the safety assessment of the Mihama 3 reactor, despite admitting on the 20th of July that the agency is both understaffed for its safety assessment tasks and made public statements about seismic risks without understanding the facts, Greenpeace said.

These statements would be consistent with the International Atomic Energy Agency (IAEA) task force, the Integrated Regulatory Review Service (IRRS), assessment of the NRA ...

Oil Unhinged : ``What the Hell is Going on``?

Sunday, January 3, 2016

By Tom O'Sullivan

Tokyo- (PanOrient News) Comments by the current leading GOP contender to be next president of the United States, Donald Trump, "What the hell is going on?", could equally have applied to oil markets.

Brent oil prices dipped below $40 for the first time in 7 years last month , 60% below the level of one year ago while US oil prices hit a new Y2014/Y2015 low of $37.50. Forecasts for oil prices of $20/barrel are starting to re-emerge. This is impacting the equity and cred...