• Bloomberg


Nippon Oil Corp., Japan’s largest refiner, may process 40 percent more crude oil for a unit of PetroChina Co. under an accord expected to be signed this month, according to company officials.

The Tokyo-based refiner wants to increase daily processing for China National United Oil Corp., known as Chinaoil, to 70,000 barrels from 50,000 barrels, two Nippon Oil officials said.

Unable to view this article?

This could be due to a conflict with your ad-blocking or security software.

Please add japantimes.co.jp and piano.io to your list of allowed sites.

If this does not resolve the issue or you are unable to add the domains to your allowlist, please see out this support page.

We humbly apologize for the inconvenience.

In a time of both misinformation and too much information, quality journalism is more crucial than ever.
By subscribing, you can help us get the story right.