Japan’s second-biggest oil refiner and distributor, Idemitsu Kosan, says it is in talks to buy industry peer Showa Shell Sekiyu as falling domestic oil demand pinches the margins of wholesalers.
WSJ.com: What's News US, Wall Street Journal
Sat, 12/20/2014 - 3:53am
Japan’s second-biggest oil refiner and distributor, Idemitsu Kosan, says it is in talks to buy industry peer Showa Shell Sekiyu as falling domestic oil demand pinches the margins of wholesalers.