High Stakes Oil Search Along Asia Rim
Danville's The Register reports from Tokyo on an urgent 1973 oil hunt along the 4000 mile rim from Japan to Sumatra. The piece notes vast potential reserves near China, Japan, Korea and Southeast Asia and cites UN and US Navy scientists while warning of slow government action and ongoing regional tensions.
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Steve Wilson
Associated Press
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U.S. Navy
Taiwan
Asia oil exploration faces hurdles amid costs and shortages
The report notes Japan faces high costs and dwindling supplies as Middle East production cuts threaten its oil needs. It covers regional exploration shifts, offshore drilling from Indonesia to Brunei, and China, Taiwan, and Korea’s tentative forays. Major entities include Tokyo industry sources, Noboru Kobayashi, and the Petroleum Association of Japan.
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Toshio Akatsu
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Borneo
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Sarawak
Sabah
Malay Peninsula
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