Nippon Oil to form capital, business tie-up with S. Korea's SK

TOKYO, Japan - Nippon Oil Corp. President Shinji Nishio tells a press conference in Tokyo on Jan. 22 that Japan's largest oil distributor will form a business and capital alliance with South Korea's largest oil refiner SK Corp. in an effort to sharpen its global competitiveness and keep up with growing demand for energy in Asia's fast-growing economies such as India and China.

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ILEA001120792

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2007/1/22 00:00:00

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Kyodo / Kyodo News Images

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2007 Kyodo News

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1864 × 1228 pixel

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