ENEOS Corporation, formerly JXTG Nippon Oil & Energy Corporation, or NOC or Shin-Nisseki is a Japanese petroleum company. Its businesses include the exploration, importation, and refining of crude oil; the manufacture and sale of petroleum products, including fuels and lubricants; and other energy-related activities. It is the largest oil company in Japan, and in recent years it has been expanding its operations in other countries. Its products are sold under the Eneos brand, which is also used for service stations. It also previously operated service stations under the Esso and Mobil brands under license from ExxonMobil. In 2019, as a result of JX Holdings' merger with TonenGeneral Group in 2017 to form JXTG Holdings, both brands were phased out in favour of Eneos.
History
The company was established 1888 as the "Nippon Oil", or "Nisseki" for short. In 1999, the company merged with and absorbed the former "Mitsubishi Oil". The merged company was called "Nippon Mitsubishi Oil" until 2002, when it adopted its present name.
Worldwide operations
The company has worldwide locations including JX Nippon Oil & Energy USA Inc. in Schaumburg, Illinois, Torrance, California, and Nippon Oil Lubricants, LLC, in Childersburg, Alabama. ENEOS is JXTG Group's corporate brand. They have brought their premium brand motor oil ENEOS and SUSTINA into the United States recently. The product line includes the extremely difficult to formulate 0W-50 viscosity oil. New line of premium full synthetic motor oil SUSTINA is now available in the United States. NOC employs over 5,500 people, with additional employees from oversea divisions, and operates the following refineries throughout Japan:
Nippon Oil Exploration owns a 5% share of Syncrude, a Canadian oil sands mining company, through its fully owned subsidiary Mocal Energy. The company also has technical collaboration with Tide Water Oil Co., an Indian petroleum products manufacturer. Superior quality lubricants under the brand name ENEOS are manufactured and marketed in India by Tide Water Oil Co.
On 11 March 2011, a 145,000-barrel-per-day refinery in Sendai was set ablaze by the Tōhoku earthquake. Workers were evacuated, but tsunami warnings hindered efforts to extinguish the fire until 14 March, when officials planned to do so.
Environmental record
While developing the Rang Don Oil Field and Helang Gas Field NOEX, part of the Nippon Oil Corporation, conducted environmental impact assessments. These assessments helped them implement management plans based on the results of the assessments, specifically, how to reduce the impact of the fields on surrounding sea areas. In 2005, Nippon Oil and Ebara-Ballard announced they were going to start field testing a 1 kW household proton-exchange membrane fuel cell system that uses coal oil as fuel. It was the world's first household test with the system. The system achieves a greater power-generation efficiency than normal heating. The system can operate in temperatures as low as -10 deg C. In 2007, Nippon Oil was the recipient of the Nippon Keidanren Chairman's Prize in recognition of its achievements in a number of areas. They were the first in the Japanese petroleum industry to achieve a zero emission status at their refineries. They are also developing fuel cell systems as well as producing and selling sulfur-free fuel. The Rang Dong Oil Field is also one of the biggest reduction projects in the world. The project utilizes associated gas produced along with crude oil for additional energy production.
The construction of the Yetagunpipeline in Myanmar has been linked to 'severe human rights abuses' by Burmese troops. The company stated it 'was not aware of such abuses.' However critics claim that such foreign investment by Nippon Oil and other multinationals: 'provides a crucial source of support to the junta, allowing it to ignore demands that it return Burma to civilian rule and end human rights abuses.'
