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Idemitsu Kosan Co Ltd (5019.T)

5019.T on Tokyo Stock Exchange

3,055JPY
24 May 2019
Change (% chg)

¥-125 (-3.93%)
Prev Close
¥3,180
Open
¥3,005
Day's High
¥3,070
Day's Low
¥2,937
Volume
2,272,800
Avg. Vol
1,445,497
52-wk High
¥6,430
52-wk Low
¥2,937

Latest Key Developments (Source: Significant Developments)

Idemitsu Kosan to issue unsecured bonds worth 20 bln yen
Wednesday, 12 Sep 2018 

Sept 12 (Reuters) - Idemitsu Kosan Co Ltd <5019.T>:Says it will issue 6th series and 7th series unsecured corporate bonds worth 20 billion yen in total.Coupon rate of 0.27 percent and 0.414 percent, maturity date on Sept. 19, 2025 and Sept. 19, 2028 respectively .  Full Article

SDS Biotech to sell all stake in India-based unit
Tuesday, 13 Mar 2018 

March 13 (Reuters) - SDS Biotech KK <4952.T>:Says co plans to subscribe for 1.32 billion shares of unit SDS Ramcides CropScience Private Limited, with payment date on March 15.Says co will raise stake in the unit to 97.95 percent from 65 percent .Says co plans to sell all 97.95 percent stake (1.37 billion shares) in the unit to three individuals on March 27, for 5.3 million rupees (about 9.1 million yen).  Full Article

Idemitsu Kosan acquires Elfont via Australia-based unit
Friday, 9 Mar 2018 

March 9 (Reuters) - Idemitsu Kosan Co Ltd <5019.T>:Says it acquired 100 percent stake in Elfont Pty Ltd, which is a holding company of Trinity Petroleum Services Pty Ltd, via Australia-based unit, on March 9 .  Full Article

Idemitsu Kosan says change of president and chairman
Wednesday, 14 Feb 2018 

Feb 14 (Reuters) - Idemitsu Kosan Co Ltd <5019.T>:Says it appoints Takashi Tsukioka as chairman of the board and Shunichi Kito as president, effective April 1 .  Full Article

Statoil's Snorre field extension cost slightly exceeds NOK 19 bln
Thursday, 21 Dec 2017 

Dec 21 (Reuters) - Statoil Asa ::STATOIL: INVESTING IN 25 MORE YEARS ON THE SNORRE FIELD - INVESTING IN 25 MORE YEARS ON THE SNORRE FIELD - STATOIL.COM.‍INVESTMENT WILL INCREASE RECOVERY FROM SNORRE FIELD BY CLOSE TO 200 MILLION BARRELS​.‍CONTRACTS WORTH UP TO NOK 9 BILLION WILL BE AWARDED​.‍INVESTMENT COSTS SLIGHTLY EXCEED NOK 19 BILLION​.‍PDO INVOLVES A COMPREHENSIVE SUBSEA DEVELOPMENT, UPGRADING OF SNORRE A INSTALLATION, INCREASED GAS INJECTION AND GAS IMPORT FOR INJECTION​.‍ALSO SIGNING CONTRACTS FOR SUBSEA PRODUCTION SYSTEM WITH TECHNIPFMC, FABRICATION AND INSTALLATION OF PIPELINE BUNDLE SYSTEM WITH SUBSEA 7, MODIFICATION WORK ON SNORRE A WITH AIBEL AND A RIG WITH TRANSOCEAN​.‍ALL CONTRACTS ARE SUBJECT TO FINAL APPROVAL OF PDO BY NORWEGIAN AUTHORITIES​.  Full Article

Idemitsu Kosan & Showa Shell Sekiyu Entity To Be Launched Next Spring - Nikkei
Tuesday, 19 Dec 2017 

Dec 20 (Reuters) - NIKKEI::IDEMITSU KOSAN & SHOWA SHELL SEKIYU ENTITY TO BE LAUNCHED NEXT SPRING WITH 300 PERSONNEL FROM BOTH SIDES - NIKKEI .IDEMITSU KOSAN & SHOWA SHELL SEKIYU ARE FORMING A NEW ORGANIZATION NEXT SPRING TO MANAGE THEIR KEY OPERATIONS UNDER ONE ROOF - NIKKEI.LAUNCH OF NEW ENTITY BY IDEMITSU KOSAN & SHOWA SHELL SEKIYU WILL HELP SLASH COSTS BY AT LEAST 30 BILLION YEN ($265 MILLION) OVER 3 YEARS - NIKKEI.  Full Article

Idemitsu Kosan to issue unsecured corporate bonds worth 10 bln yen
Wednesday, 29 Nov 2017 

Nov 29(Reuters) - Idemitsu Kosan Co Ltd <5019.T>:Says it will issue fifth series unsecured corporate bonds worth 10 billion yen, with subscription date on Nov. 29 and payment date on Dec. 5.The bonds are each with face value of 100 million yen, issue price at 100 yen per face value of 100 yen, maturity date Dec. 5, 2022 and coupon rate 0.200 percent per annum.SMBC Nikko Securities Inc., Mitsubishi UFJ Morgan Stanley Securities Co., Ltd., Daiwa Securities Co. Ltd. and Mizuho Securities Co., Ltd. will serve as underwriters.  Full Article

Norway's Fram field partners approve 1 bln crown project
Monday, 6 Nov 2017 

Nov 6 (Reuters) - Statoil ASA :Partners in Fram licence have decided to invest in a new project to increase production from Fram field​.Fram licence partners are investing NOK one billion in a new gas module on Troll C platform.The module will help to increase oil production and gas exports from Fram field and provide conditions for further development in area.The module will also help to improve the profitability of the Troll C installation by increasing and accelerating production by means of the enhanced gas capacity.On behalf of partnership Statoil has awarded EPCI contract for Troll C gas module to Aibel​ .The contract has an estimated value of NOK 600 million.The project aims at start-up at the end of 2019.Partners in the Fram licence are Statoil (45 pct), ExxonMobil (25 pct), ENGIE (15 pct) and Idemitsu (15 pct). .  Full Article

Idemitsu Kosan to transfer petroleum exploration business in UK North Sea to Rockrose Energy PLC
Wednesday, 18 Oct 2017 

Oct 18(Reuters) - Idemitsu Kosan Co Ltd <5019.T>:Says it plans to transfer petroleum exploration business in the UK North Sea to United Kingdom-based company Rockrose Energy PLC, through transferring 100 percent stake in unit Idemitsu Petroleum UK Ltd. to Rockrose Energy PLC.Transfer date undetermined .  Full Article

Idemitsu Kosan says technical cooperation with TORAY INDUSTRIES
Tuesday, 26 Sep 2017 

Sept 26(Reuters) - Idemitsu Kosan Co Ltd <5019.T>:Says it reached an agreement with TORAY INDUSTRIES Inc <<<3402.T>>>, regarding organic EL materials business related technical cooperation .  Full Article

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In Vietnam's booming energy sector coal reigns, but renewables play catch-up

HANOI/SINGAPORE Vietnam has become a hot spot for energy investors eyeing a spend of up to $150 billion (118 billion pounds)over the coming decade to meet surging power demand, with coal set to dominate despite signs of a government effort to go green.