Showa Shell Sekiyu KK (5002.T)

5002.T on Tokyo Stock Exchange

21 Jun 2018
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Fri, Jun 15 2018

INTERVIEW-Japan's Idemitsu says no oil refineries will close in touted merger

TOKYO, June 1 Japan's Idemitsu Kosan does not expect to close any domestic oil refineries as part of its long-delayed merger with smaller rival Showa Shell Sekiyu even as local demand for oil continues to fall.

Japan's Showa Shell sees Q2 crude refining down 1 pct y/y

TOKYO, April 2 Japan's Showa Shell Sekiyu KK said on Monday its group refineries would refine 1 percent less crude for the local market in April-June compared with a year ago, in line with their outlook for domestic demand.

Japan's Idemitsu, Showa Shell to combine crude loading programmes

* Japanese oil refiners Idemitsu Kosan and Showa Shell Sekiyu have started work to integrate the so-called loading programmes through which they purchase crude, Idemitsu's CEO said

Japan's Idemitsu, Showa Shell see around $70 mln in cost savings by March

* Japanese refiners Idemitsu Kosan and Showa Shell Sekiyu said on Friday they expect to cost cuts by 8 billion yen ($71 million) in the first year of their business alliance that started last April

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