Cosmo Oil
Cosmo Oil is Japan’s #3 oil refiner (behind Nippon Oil and Idemitsu Kosan) and a major petroleum distributor. Cosmo Oil has four refineries; it markets its products through a network of 340 dealers and more than 5,040 Cosmo gas stations. The company imports crude oil from the Middle East and Australia and has affiliates in Singapore, Taiwan, the UK, and the US. With its industry rapidly consolidating, Cosmo Oil is streamlining operations. The company is pruning back its chain of service stations, and it has formed a refining and distribution joint venture with Nippon Oil that controls 40% of Japan’s oil refining market.
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