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Japan will start treating as "quasi-strategic reserves" some of the crude stored by Saudi Arabia and the United Arab Emirates in the Asian nation, as a way to help meet Tokyo's strategic reserve obligations, a trade ministry panel said on Wednesday.
A shift to more wind and solar power requires flexible, conventional back-up capacity. On a still, cold, winter evening, for example, gas would have a faster response time to fill the gap than coal and nuclear...But that policy risks actually
Oil prices fell after news reports suggested the U.S. might tap its strategic reserves to slow the rising price of oil. Benchmark crude for September delivery was down 49 cents to $95.11 per barrel at midday Bangkok time in
55, Amiram Barkat Sources inform ''Globes'' that the Bank of Israel will support minimal restrictions on natural gas exports. The central bank recently decided on its position ahead of the final report by the committee on the gas market structure,
China is spending billions of yuan buying domestically mined rare earth to build up its national strategic reserves, an official said on Friday. Shi Yaoqiang, an official in the rare earth division of the Ministry of Industry and Information
Thursday, 28 June 2012 Washington DC -- A group of activists, academics and other concerned citizens is calling for the creation of a cabinet-level "Department of Common Sense" to improve the quality of decision-making in the nation
Francois Fillon , the French prime minister, suggested Thursday that a deal was near among developed countries including the United States to tap strategic petroleum reserves to reduce gasoline prices. There are good prospects for a deal, Mr. Fillon
Crude-oil futures fell Wednesday amid reports of a possible coordinated oil release by France, the U.S. and the U.K., and as the market awaited a weekly update on U.S. oil inventories. Crude for April delivery fell 92 cents, or 0.9%, to $106.42 a
Articles He extended support for the construction of the southern leg of the Keystone XL pipeline and said his commitment to building oil infrastructure was unwavering. With political pressure mounting, the talk about release of crude from the U.S...
The Washington Post Oil prices dropped quickly Thursday on a news report that Britain and the United States would cooperate on a release crude oil from strategic reserves, but an Obama administration official said the report was inaccurate and played