Japan looks for answers to flood of Chinese fuel
Add BT as a preferred sourceDeeperDive is a beta AI feature. Refer to full articles for the facts.
Tokyo
HUDDLED deep within Tokyo's government district, nearly two dozen of Japan's top oil specialists pore over a problem plaguing its energy industry: how can they stop China from pushing its crude refiners into a corner?
The taskforce, summoned by the trade ministry, needs a strategy to save oil refiners battered by years of declining demand at home. The processors, including JX Holdings Inc and Idemitsu Kosan Co, now face rising competition for sales in Asia, the world's biggest oil market.
Share with us your feedback on BT's products and services
TRENDING NOW
Autobahn Rent A Car directors declared bankrupt over S$50 million each owed to DBS
Amazon’s MGM Studios gains creative control over ‘James Bond’ franchise
UOB’s Wee Ee Cheong says S$4.9 billion Citi deal ‘paying off’ as Asean push accelerates
In taxing wealth, how far can Singapore push property owners?
