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Idemitsu Family Buys Showa Shell Stake in Bid to Stop Merger

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By Tsuyoshi Inajima, Stephen Stapczynski and Shigeru Sato: August 3, 2016 — 7:09 AM BST Updated on August 3, 2016 — 8:37 AM BST

Idemitsu Kosan Co. founding family descendant Shosuke Idemitsu has begun buying up shares in rival Japanese oil refiner Showa Shell Sekiyu KK in a bid to block a proposed merger between the two companies.

The Idemitsu founder’s son purchased 400,000 Showa Shell shares and may buy more until his namesake company gives up on the deal, according to a statement distributed to reporters in Tokyo on Wednesday. Showa Shell rose as much as 12 percent to 1,014 yen, the biggest intraday gain in more than a year, and closed 3.8 percent higher. Idemitsu fell 3.9 percent to 1,984 yen. read more

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Showa Shell to raise oil export capacity – source

TOKYO, Dec 16 (Reuters) - Showa Shell Sekiyu, Japan's fifth-biggest oil refiner, has been making efforts to boost its oil export capacity to make up for a shrinking domestic market, a company source said.

This website and sisters royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.

Idemitsu, Showa Shell to Cut Oil Refining on Demand (Update2)

Nov. 28 (Bloomberg) -- Idemitsu Kosan Co., Japan’s second- largest oil refiner, and Showa Shell Sekiyu K.K. will cut crude oil processing in the quarter ending Dec. 31 as the nation’s demand for gasoline and other petroleum products declines.

This website and sisters royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.

Nikkei reports Showa Shell Sekiyu plans to build one of the world’s biggest solar panel plants

Showa Shell Sekiyu KK leapt 6.1 percent to 1,251 yen after the Nikkei business daily reported the oil refiner plans to build one of the world's biggest solar panel plants at a cost of more than 100 billion yen ($940 million).

This website and sisters royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.

Showa Shell Shares Gain Most in 4 Months on Solar-Plant Report

Showa Shell Sekiyu K.K., the Japanese unit of Royal Dutch Shell Plc, gained the most in four months in Tokyo trading after a report said it will build a solar-panel plant at a cost of more than 100 billion-yen ($944 million).

This website and sisters royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.

Japan’s Showa Shell to build solar cell plant – report

Showa Shell Sekiyu KK plans to build one of the world's biggest solar panel plants at a cost of more than 100 billion yen ($940 million), Wednesday's online edition of Nihon Keizai Shimbun newspaper reported.

This website and sisters royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.
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