Earnings, deals and disclosures from Japan's listed energy & utilities companies, in English.
BP p.l.c. is no longer BP Castrol K.K.'s parent after the Stonepeak sale closed on October 30, though the Tokyo-listed unit's indirect 64.9% voting-rights block is unchanged and bp-brand sales are set to continue.
ENEOS has completed its purchase of TPC Holdings at an estimated US$758mn, taking on a North American butadiene supplier whose operating subsidiary, TPC Group, saw operating profit fall to US$25mn in 2025 from US$118mn a year earlier.
ENEOS will buy the 65% of NIPPO's holding company that Goldman Sachs vehicles own, citing asphalt supply ties and a changed growth strategy; the notice gives no price, and the share transfer is planned for November 2026.
JAPEX has completed its $278mn purchase of four Colorado and Wyoming tight oil and gas companies, borrowing about $220mn against confirmed reserves for assets that sit near the Verdad holdings it bought in February.
Astmax expects to book about ¥650mn in operating profit after selling its 42MW Komoro battery storage project and adjoining land to Hulic, the parent of its largest shareholder, and plans to return as the plant's grid aggregator once it opens in December 2027.