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July 05, 2015 11:55 PM ET

Oil, Gas and Consumable Fuels

Company Overview of JX Nippon Oil & Energy Corporation

Company Overview

JX Nippon Oil & Energy Corporation provides refining and marketing of petroleum and petrochemical products. The company also operates in the import and sale of gas and coal; the supply of electricity; and developing, manufacturing, and marketing fuel cell, solar power generation, and storage batteries. It offers automotive lubricants, industrial lubricants, metalworking fluids, greases, marine lubricants, and industrial and private-use engine oils; petrochemicals that include olefins, aromatics, and specialty and performance chemicals; and optical films that include NH and NV films. The company also provides TU cloth, a sheet of carbon fiber woven for road bridge RC floor slab, road bridge m...

6-3 Otemachi 2-Chome

Chiyoda-ku

Tokyo,  100-8162

Japan

Founded in 1888

Phone:

81 3 6275 5208

Fax:

81 3 6803 8530

Key Executives for JX Nippon Oil & Energy Corporation

President and Representative Director
Age: 60
Executive Vice President and Director
Age: 63
Senior Vice President and Director
Age: 62
Senior Vice President and Director
Senior Vice President
Age: 59
Compensation as of Fiscal Year 2015.

JX Nippon Oil & Energy Corporation Key Developments

JX Nippon Oil and Tokyo Gas to Expand Power Supply in Tokyo Area

JX Nippon Oil and Energy Corp. and Tokyo Gas Co. announced that they plan to double the output capacity of a liquefied natural gas thermal power generation plant in Kawasaki, Kanagawa Prefecture, south of Tokyo. By adding two electricity generation facilities with an output of 550,000 kilowatts each, JX Nippon Oil and Tokyo Gas aim to increase the overall capacity of the plant to 1,947,000 kilowatts. The plant is run by a company jointly set up by them. The major Japanese oil wholesaler and gas supplier decided to beef up their electricity supply capacity in Tokyo and surrounding areas, anticipating growing business opportunities in line with the planned full liberalization of electricity retailing in Japan in April 2016. They hope to launch operations at the two new facilities in 2021.

Petrolimex To Sell Stake in JX Nippon Oil & Energy

Vietnam National Petroleum Corporation (Petrolimex) is accelerating negotiations with JX Nippon Oil & Energy Corporation to sell 15-25% of its stakes through a share issue to raise charter capital. The completion of sale would lead to reduction to about 75%, said Dinh Viet Tien, Chief of Petrolimex's Supervisory Board at its annual shareholders' meeting on May 26, 2015.

JX Nippon Oil & Energy Corporation Presents at 18th Asia Oil and Gas Conference, May-17-2015

JX Nippon Oil & Energy Corporation Presents at 18th Asia Oil and Gas Conference, May-17-2015 . Venue: Kuala Lumpur Convention Centre, Kuala Lumpur, Malaysia. Speakers: Michio Ikeda, Executive Vice President and Director.

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