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Inpex, Teikoku Oil to integrate operations next April

TOKYO, Japan - (From L to R) Inpex Corp. President Naoki Kuroda, Chiarman Kunihiko Matsuo and Teikoku Oil Co. Chairman Akira Isono and President Masatoshi Sugioka hold a joint press conference in a Tokyo hotel to announce an agreement to integrate their operations in April 2006 under a joint holding company and completely merge in June 2008 in a bid to survive cutthroat competition on the global scene.

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Inpex, Teikoku Oil to integrate operations next April

TOKYO, Japan - (From L to R) Inpex Corp. President Naoki Kuroda, Chiarman Kunihiko Matsuo and Teikoku Oil Co. Chairman Akira Isono and President Masatoshi Sugioka pose at a press conference in a Tokyo hotel after announcing an agreement to integrate their operations in April 2006 under a joint holding company and completely merge in June 2008 in a bid to survive cutthroat competition on the global scene.

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Teikoku Oil to drill despite risk of Chinese interruption

TOKYO, Japan - Teikoku Oil Co. President Masatoshi Sugioka speaks during an interview with Kyodo News in Tokyo on Aug. 26. He indicated the company's readiness to conduct test drilling in prospective East China Sea gas fields despite the risk of Chinese interruption. ''We would never be able to conduct test drilling if we stuck to the absence (of interruption) as a precondition of doing so,'' Sugioka said.

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Japan grants E. China Sea drilling rights to Teikoku Oil

TOKYO, Japan - Economy, Trade and Industry Minister Shoichi Nakagawa speaks during a news conference in Tokyo on July 14 about the government's grant to Teikoku Oil Co. of concessions to conduct experimental drilling in the East China Sea near natural gas fields being explored by a Chinese consortium.

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Japan grants E. China Sea drilling rights to Teikoku Oil

TOKYO, Japan - Economy, Trade and Industry Minister Shoichi Nakagawa speaks during a news conference in Tokyo on July 14 about the government's grant to Teikoku Oil Co. of concessions to conduct experimental drilling in the East China Sea near natural gas fields being explored by a Chinese consortium. (Kyodo)

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Inpex, Teikoku Oil to integrate operations next April

TOKYO, Japan - (From L to R) Inpex Corp. President Naoki Kuroda, Chiarman Kunihiko Matsuo and Teikoku Oil Co. Chairman Akira Isono and President Masatoshi Sugioka hold a joint press conference in a Tokyo hotel to announce an agreement to integrate their operations in April 2006 under a joint holding company and completely merge in June 2008 in a bid to survive cutthroat competition on the global scene. (Kyodo)

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Inpex, Teikoku Oil to integrate operations next April

TOKYO, Japan - (From L to R) Inpex Corp. President Naoki Kuroda, Chiarman Kunihiko Matsuo and Teikoku Oil Co. Chairman Akira Isono and President Masatoshi Sugioka pose at a press conference in a Tokyo hotel after announcing an agreement to integrate their operations in April 2006 under a joint holding company and completely merge in June 2008 in a bid to survive cutthroat competition on the global scene. (Kyodo)

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Teikoku Oil to drill despite risk of Chinese interruption

TOKYO, Japan - Teikoku Oil Co. President Masatoshi Sugioka speaks during an interview with Kyodo News in Tokyo on Aug. 26. He indicated the company's readiness to conduct test drilling in prospective East China Sea gas fields despite the risk of Chinese interruption. ''We would never be able to conduct test drilling if we stuck to the absence (of interruption) as a precondition of doing so,'' Sugioka said. (Kyodo)

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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.