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…
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…