Idemitsu Kosan Co Ltd (5019.T)
22 Jun 2018
Fri, Jun 15 2018
* Size of Oasis stakes in Idemitsu, Showa Shell not disclosed
TOKYO 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.
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.
HANOI PetroVietnam Oil Corp is in talks to sell a 44.72 percent stake to strategic investors later this year, after its $184 million initial public offering in January, its parent Vietnam Oil and Gas Group, or PetroVietnam, said on Wednesday.
* The commercial start-up of Vietnam's 200,000 barrels-per-day (bpd) Nghi Son oil refinery is slightly delayed from current schedule of the first quarter of 2018, project participant Idemitsu Kosan's Executive Vice President Shunichi Kito told reporters on Wednesday
* AKCEA COMPLETES ENROLLMENT IN PHASE 2B STUDY OF AKCEA-APO(A)-LRX Source text for Eikon: Further company coverage:
* 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
TOKYO The founding family of Japanese petroleum company, Idemitsu Kosan , locked in a battle with the firm's management over a proposed integration with a smaller rival, said it had further increased its stake in the Japanese refiner by about half a percentage point to about 28.5 percent.