Posts Tagged ‘ oil ’

Japan’s Economy: Where to Now, with Failed Fukushima Power Plant?

March 13, 2011
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Following Japan’s “monstrous earthquake” (the largest in the region for over 1,200 years; seventh largest ever in the world), the country’s Fukushima power plant failed which has led to “fears of serious accident.”  But experts have said that there isn’t a risk to human health from the low radiation.  The crisis in Japan is no doubt escalating following Friday’s earthquake and tsunami ; a situation which isn’t being helped by the failure of another emergency cooling system at a...

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MoU and KPC

February 24, 2011
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The recent partnership agreement between MoU and KPC comprises: upstream, downstream businesses; R&D in HR and planning and energy security.  At the signing various official dignitaries from Kuwait and the UK were in attendance.  Malcolm Brinded, an executive director at Shell noted how this milestone is “further cementing our partnership with Kuwait.”  There are plans to develop Kuwait’s Jurassic gas fields through developing capacity of Shell and Kuwait Oil Company (KOC) staff.  As the chair and MD of Shell...

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Substantial Drop in Asian Shares

February 22, 2011
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  Recent world events – New Zealand earthquake, Japan’s credit rating downgrade and continued Middle East and Libyan unrest – led to a significant drop in stock markets across Asia.  For example, South Korea’s Kospi, the Nikkei 225 stock and Hong Kong’s Hang Seng index all plummeted around 2 percent.  As well, Japan had trouble dealing with its huge debt following Moody’s Investors Service downgrading its outlook for the country’s credit rating, citing “increasing uncertainty” over Japan’s capacity to...

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