JXTG Nippon Oil & Energy
| Public KK | |
| Traded as | : |
| Industry | Oil and gasoline |
| Founded | 1888 |
| Headquarters | Tokyo, Japan |
|
Key people
|
Fumiaki Watari, CEO Shinji Nishio, President |
| Products |
Petroleum Petrochemical Fuel |
| Revenue |
 ¥ 7,523.990 billion JPY (FY 2008) |
|
¥ 148.306 billion JPY (FY 2008) |
|
|
Number of employees
|
13,290 (2007) |
| Parent | JXTG Holdings |
| Website | www.eneos.co.jpwww.eneos.us |
JXTG Nippon Oil & Energy Corporation (JX日鉱日石エネルギー株式会社 JX Nikkō Nisseki Enerugī Kabushiki-gaisha, : ), or NOC or Shin-Nisseki (新日石) is a Japanese petroleum company. Its businesses include the exploration, importation, and refining of crude oil; the manufacture and sale of petroleum products, including fuels and lubricants; and other energy-related activities.
Its products are sold under the brand name ENEOS, which is also the name used for its service stations. It is the largest oil company in Japan, and in recent years it has been expanding its operations in other countries.
JX Nippon Oil & Energy is a member of the Mitsubishi UFJ Financial Group (MUFJ) keiretsu.
The company was established 1888 as the "Nippon Oil" (日本石油 Nihon Sekiyu), or "Nisseki" (日石) for short. In 1999, the company merged with and absorbed the former "Mitsubishi Oil" (三菱石油 Mitsubishi Sekiyu). The merged company was called "Nippon Mitsubishi Oil" (日石三菱 Nisseki Mitsubishi) until 2002, when it adopted its present name.
The company has worldwide locations including JX Nippon Oil & Energy USA Inc. in Schaumburg, Illinois, Torrance, California, and Nippon Oil Lubricants (America), LLC, in Childersburg, Alabama. ENEOS is JX Group's corporate brand. They have brought their premium brand motor oil ENEOS and SUSTINA into the United States recently. The product line includes the extremely difficult to formulate 0W-50 viscosity oil. New line of premium full synthetic motor oil SUSTINA is now available in the United States.
NOC employs over 5,500 people, with additional employees from oversea divisions, and operates the following refineries throughout Japan:
Nippon Oil Exploration owns a 5% share of Syncrude, a Canadian oil sands mining company, through its fully owned subsidiary Mocal Energy.
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