Showa Shell Sekiyu KK (5002.T)
18 Oct 2018
TOKYO Japanese oil refiner Idemitsu Kosan on Tuesday finalised a deal to buy out Showa Shell Sekiyu through a share swap in a deal worth about $5.6 billion.
* New firm will not combine 7 group refineries -Idemitsu president (Adds details)
SINGAPORE Saudi Arabia's state-owned oil giant Aramco is teaming up with South Korean refiner S-Oil Corp for a joint reception at this year's Asia Pacific Petroleum Conference (APPEC) in Singapore, according to two industry sources.
* Total, Nigeria to launch new crude during APPEC (Adds comment from S-Oil in 5th paragraph)
TOKYO, Aug 24 Japan's Nikkei rose on Friday as a weaker yen supported sentiment, with the pharmaceutical sector leading gains after a report that Eisai moved forward its mid-term profit goal by one year.
TOKYO Japanese oil refiners Idemitsu Kosan and Showa Shell Sekiyu said on Tuesday they had agreed to merge on April 1 next year, after Idemitsu's founding family dropped its long-standing opposition to the plan.
* Idemitsu shares jump 15 pct, Showa Shell up 9 pct (Adds details, CEO and analyst comments)
TOKYO, July 10 Japanese oil refiners Idemitsu Kosan and Showa Shell Sekiyu said on Tuesday they had agreed to merge in April next year, after Idemitsu's founding family dropped its long-standing opposition to the plan.
* Japanese oil refiners Idemitsu Kosan and Showa Shell Sekiyu said on Tuesday that Idemitsu Chairman Takashi Tsukioka and Showa Shell CEO Tsuyoshi Kameoka would brief on their integration at 0230 GMT.
TOKYO, June 28 Shares of Showa Shell fell as much as 6 percent early Thursday after soaring to a record high a day earlier on a media report that Idemitsu Kosan's founding family would drop its opposition to plans for a merger with its Japanese rival.