Nippon Oil Corp. has planned to refine 10 percent more crude for domestic sale in August than July, although this is still nearly a fifth down on the year amid continued poor demand in the world’s No.3 oil consuming nation. For full story, click here
Nippon Oil Corp. has planned to refine 10 percent more crude for domestic sale in August than July, although this is still nearly a fifth down on the year amid continued poor demand in the world’s No.3 oil consuming nation. For full story, click here
Japan may be forced to shut more than a fifth of its refining capacity, at least 1 million barrels per day, in the next five years as oil demand slipped faster than expected. For full story, click here
Japan’s leading refiner, Nippon Oil Corp. declared plans to refine 4 percent less crude in June from a year ago, a company executive declared on Friday, as domestic demand for oil products remains sluggish. For full story, click here
Nippon Oil Corp declared that it was likely to refine around 6 percent less crude oil in May than it did a year earlier, marking a seventh straight month of declines, reflecting slow domestic demand amid the recession. For full story, click here
Nippon Oil Corp., Japan’s top oil refiner, declared that it is likely to keep low crude runs from May despite some recovery in gasoline sales helped by highway toll discounts that commenced over the weekend. For full story, click here
Japan’s top refiner Nippon Oil Corp. said that it expects to refine 22 percent less crude oil in March from a year earlier, due to slump in domestic demand and global economic crisis. For more information, click here
Nippon Oil Corp reported that it plans to refine less crude oil in August by 2%, as compared to the the refining done in the same period last year, due to slow domestic oil demand and high gasoline inventories. For full news, click here
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