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Idemitsu Drops Plan to Close Oil Refineries in Japan

Filed: Feb 27, 2026 at 1:05 PM ET
Summary: Idemitsu has decided against closing oil refineries as EV adoption stalls in Japan.
WHO: Idemitsu
WHAT: drops plan to close oil refineries
WHEN: Feb 27, 2026 at 1:00 PM ET
WHERE: Japan
WHY: due to stalled EV adoption
ℹ️ This event is analyzed using pattern arcs, velocity indicators, and source analysis in our MI Console.

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