AUTHORIZED DISTRIBUTOR IN INDONESIA OF
What is ?
JXTG Nippon Oil & Energy Corporation (JXTG Enerugi Kabushiki-gaisha, TYO: 5001) 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 , 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.
The company was established 1888 as the "Nippon Oil", or "Nisseki" for short. In 1999, the company merged with and absorbed the former "Mitsubishi Oil". The merged company was called "Nippon Mitsubishi Oil" until 2002, when it adopted name "Nippon Oil Corporation".
JX Holdings was established on April 1, 2010, through the joint share transfer by Nippon Oil Corporation and Nippon Mining Holdings, Inc. On July 1, 2010, all the businesses of both Group Companies were integrated and reorganized under JX Holdings, resulting in three core business companies:
- JX Nippon Oil & Energy - petroleum refining and marketing
- JX Nippon Oil & Gas Exploration - oil and natural gas exploration and production
- JX Nippon Mining & Metals - mining and metal
On April 1, 2017, JX Holdings Group and Tonen General Group integrated their businesses to unite as the JXTG Group with a new corporate philosophy to “harness the Earth’s power for the common good” and to “help ensure a vibrant future through the creation and innovation in energy, resources and materials.” JXTG Holdings currently include:
- JXTG Nippon Oil & Energy (merged energy arm),
- JXTG Nippon Oil & Gas Exploration (upstream arm), and
- JXTG Nippon Mining & Metals (mining & metals arm).