Oil giant Idemitsu Kosan Co. will close one of its group company’s refineries and slash gasoline production by about 10 percent in anticipation of declining demand for fossil fuels. And in a ...

Major oil wholesaler Idemitsu Kosan Co. plans to mass-produce an ultra-compact electric vehicle starting in 2022 to create a new revenue source as the world motors away from gasoline to greener ...

Other segments experienced mixed ... Idemitsu Kosan remains cautiously optimistic about the future, focusing on strategic initiatives to navigate the challenges posed by fluctuating crude oil ...

Ltd. (Head Office: Chiyoda-ku, Tokyo; Representative Director, President: Shunichi Kito; hereinafter referred to as "the Company") will begin selling its automotive engine oil "IDEMITSU IFG ...

TOKYO, May 11. /TASS/. Japan’s second largest oil processing company Idemitsu Kosan will stop buying Russian oil over the station around Ukraine, the company’s CEO Shunichi Kito said.

Idemitsu Kosan let a contract to Chiyoda to ... a feedstock of biogenic waste materials such as waste cooking oil, tallow, soybean oil, and, in the future, oilseed plants such as pongamia, to ...