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 ...

Jun 28, 2016

Idemitsu founding family opposes planned merger with Showa Shell

The founding family of Idemitsu Kosan Co. opposes its planned merger next April with Showa Shell Sekiyu K.K., the family’s representative said Tuesday, clouding the outlook of the creation of one of the largest oil distributors in Japan. The founding family, which owns a ...

Aug 22, 2014

Japanese firms discover gas, oil condensate off southern Vietnam

Oil distributors Idemitsu Kosan Co., JX Holdings Inc. and Inpex Corp. said Thursday they have discovered gas and crude oil condensate in exploration mining blocks 300 km southeast of Ho Chi Minh City, in southern Vietnam. The three companies found similar accumulations in the ...