Japan Oil, Gas & Metals National Corp ME

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UAE, Japan non-oil trade reaches $14.6bn in 2016

May 31, 2017

The non-oil trade between the UAE and Japan reached about 14.6 billion in 2016 and the countries are working continuously to strengthen their economic ties and common interests according to a recent r... View more

Japan oil imports fall to nadir

February 1, 2016

Japan s 2015 oil imports fell to the lowest since 1988 reflecting the country s declining population and low economic growth while at the same time its natural gas imports fell for the first time sinc... View more

Japan decides to cut oil use

August 31, 2015

Japan s Kyushu Electric Power is shutting down as many as five oil-fired generation units and cutting power purchases from other utilities as it ramps up its Sendai nuclear reactor in another blow for... View more

China, Japan scramble for oil

February 2, 2012

The shutdown in Sudanese oil supply could drive up already record premiums on spot crude markets as top Sudan customers China and Japan scramble for alternatives even as they weigh the impact on oil f... View more

Japan and India cool on Saudi’s $75 oil target

December 11, 2008

Big Asian oil consumers India and Japan gave a cool response to Saudi Arabia s suggestion that 75 a barrel was a fair price for oil saying cheaper crude was preferable during the worst economic crisis... View more

Japan surprises with Russian fuel oil thirst

April 20, 2008

Japan is unexpectedly emerging as Asia s top buyer of Russian fuel oil this year as at least two of its refiners begin using it to make refined products robbing Chinese rivals of the cheaper feedstock... View more

Oil product sales drop in Japan as rates surge

September 9, 2006

Japan s monthly oil product sales slipped in July versus the previous year as soaring prices put off power generators from buying fuel oil while crude oil imports also fell government data showed. Pow... View more

Japan to extend oil reserves cut

October 16, 2005

Japan will extend a reduction in its minimum requirement for private crude oil and oil product stocks until early November in a further contribution to a global effort to ease shortages in the US caus... View more

Japan firms to tap Vietnam oil

November 6, 2004

State oil monopoly PetroVietnam has signed a production-sharing contract with a group of Japanese oil firms allowing them to explore oil in Vietnam s offshore Nam Con Son Basin. The oil consortium inc... View more

Oman crude oil exports to Japan slump 73.4pc

March 28, 2004

Oman exported 2 964 900 barrels of crude oil to Japan in January a slump of 73.4 per cent on the year figures released by Oman s Ministry of National Economy showed. Industry sources explained that th... View more

Japan tops Oman oil importer list

August 24, 2003

Oman exported 140.5 million barrels of crude oil in the first half of 2003 down from 154.8 million in the corresponding period of last year the official ONA news agency said. Japan topped the list of ... View more

Japan exporting fuel oil as domestic demand slumps

November 5, 2001

Low domestic fuel oil demand in Japan has prompted several Japanese refiners to export rather than dumping into the bonded bunkers market industry sources said. Low domestic consumption was attributed... View more

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