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Nippon Mitsubishi Oil picks Watari as president

TOKYO, Japan - Fumiaki Watari (R), vice president of Nippon Mitsubishi Oil Corp., Japan's largest oil company, speaks at a news conference in Tokyo on May 11 following appointment as president. At left is outgoing President Hidejiro Osawa. The appointment will be made official at a board meeting after the firm's shareholders meeting on June 29.

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Nippon Mitsubishi, Cosmo announce broad alliance

TOKYO, Japan - Hidejiro Osawa (L), president of Nippon Mitsubishi Oil Corp., and Keiichiro Okabe, president of Cosmo Oil Co., shake hands after announcing an agreement to form a wide-ranging business alliance at a press conference at Tokyo's Keidanren Kaikan on Oct. 12.

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Japan's top oil firm to acquire Koa Oil

TOKYO, Japan - Hidejiro Osawa, president of Nippon Mitsubishi Oil Corp., speaks at a news conference July 28 on his company's plan to make Koa Oil Co. a subsidiary by purchasing up to a 50 percent equity stake from Caltex Corp.

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Nippon Oil, Mitsubishi Oil announce merger

Hidejiro Osawa (L), president of Nippon Oil Co., Japan's No. 2 petroleum company, and Yoshihiko Izumitani (R), president of Mitsubishi Oil Co., ranked sixth, announce a basic agreement on merger of the two companies at a news conference in Tokyo on Wednesday Oct. 28. The merger next April will give birth to Japan's largest petroleum company to top the present industry leader Idemitsu Kosan Co. in terms of sales and market share.

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Nippon Mitsubishi Oil, Teikoku Oil to tie up

TOKYO, Japan - Akira Isono (L), president of Teikoku Oil Co., Hidejiro Osawa (C), president of Nippon Mitsubishi Oil Corp., and Kazuo Tomita (R), president of Teikoku Oil Co., jointly announce a broad tie-up agreement aimed to strengthen their international competitive edge at a news conference Feb. 18.

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(CORRECTED)Nippon Mitsubishi Oil, Teikoku Oil to tie up

TOKYO, Japan - Akira Isono (L), president of Teikoku Oil Co., Hidejiro Osawa (C), president of Nippon Mitsubishi Oil Corp., and Kazuo Tomita (R), president of Nippon Oil Exploration Ltd., jointly announce a broad tie-up agreement aimed to strengthen their international competitive edge at a news conference Feb. 18.

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Nippon Mitsubishi, Cosmo announce broad alliance

TOKYO, Japan - Hidejiro Osawa (L), president of Nippon Mitsubishi Oil Corp., and Keiichiro Okabe, president of Cosmo Oil Co., shake hands after announcing an agreement to form a wide-ranging business alliance at a press conference at Tokyo's Keidanren Kaikan on Oct. 12.

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Japan's top oil firm to acquire Koa Oil

TOKYO, Japan - Hidejiro Osawa, president of Nippon Mitsubishi Oil Corp., speaks at a news conference July 28 on his company's plan to make Koa Oil Co. a subsidiary by purchasing up to a 50 percent equity stake from Caltex Corp.

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Nippon Oil, Mitsubishi Oil announce merger

Hidejiro Osawa (L), president of Nippon Oil Co., Japan's No. 2 petroleum company, and Yoshihiko Izumitani (R), president of Mitsubishi Oil Co., ranked sixth, announce a basic agreement on merger of the two companies at a news conference in Tokyo on Wednesday Oct. 28. The merger next April will give birth to Japan's largest petroleum company to top the present industry leader Idemitsu Kosan Co. in terms of sales and market share. ==Kyodo