Idemitsu Kosan, Showa Shell agree on merger

Hiroshi Watanabe (L), an executive officer of Showa Shell Sekiyu K.K., and Susumu Nibuya, a director of Idemitsu Kosan Co., speak to reporters in Tokyo on Nov. 12, 2015. They announced that the companies have agreed to integrate their businesses, starting between October 2016 and April 2017. (Kyodo) ==Kyodo