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Eneos acquisitions test Japanese oil giant's global ambitions

By Yuka Obayashi, Trixie Yap and Florence TanTop Japanese refiner Eneos Holdings TSE:5020, cash-rich and facing declining demand at home, is in the midst of a push to expand its overseas footprint, testing its ability to broaden its revenue sources and manage assets abroad.Eneos, which dominates Ja…

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By Yuka Obayashi, Trixie Yap and Florence TanTop Japanese refiner Eneos Holdings TSE:5020, cash-rich and facing declining demand at home, is in the midst of a push to expand its overseas footprint, testing its ability to broaden its revenue sources and manage assets abroad.Eneos, which dominates Ja…