Asian Refiners Shift to Smaller Tankers as Crude Shipping Costs Soar

• Tuesday, 20th October 2026
• by Sarah Samir

Asian oil refiners are turning to smaller tankers, securing vessels through long-term charters, and buying Middle Eastern crude on a delivered basis to contain feedstock costs as oil shipping rates hover near record h...

Japan’s Oil Refiners in Talks over Planned Merger

• Wednesday, 2nd December 2015
• by Egypt Oil & Gas

Japan’s largest oil refiner JX Holdings and its rival TonenGeneral Sekiyu have confirmed to be in talks over a planned merger to be completed by 2017, Bloomberg informed. The new company is to control more than ...