Idemitsu Kosan, Showa Shell mull tie-up prior to merger

Dec 7, 2016

Idemitsu Kosan, Showa Shell mull tie-up prior to merger

Oil distributors Idemitsu Kosan Co. and Showa Shell Sekiyu K.K. are in talks for a capital and business tie-up ahead of their planned merger, sources close to the matter said Wednesday. They are considering taking an estimated 20 percent stake in each other and ...

Nov 24, 2016

Trump may revive keystone by rescinding LBJ order: aides

Advisers to Donald Trump are exploring ways he can greenlight the Keystone XL oil pipeline on the day he is sworn into office, including by rescinding a 48-year-old presidential order. Two people familiar with Trump’s transition planning say the issue is actively being discussed, ...

Malaysia signs 'landmark' deal to buy China warships

Nov 2, 2016

Malaysia signs 'landmark' deal to buy China warships

Malaysia will buy four combat vessels from China in a “landmark” defense deal, Prime Minister Najib Razak said, signaling a potential strategic shift away from the United States. The agreement marked the first time Kuala Lumpur had purchased warships from Beijing and came only ...