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Event Brief

Idemitsu Drops Plan to Close Oil Refineries in Japan

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
Sources (1): Nikkei Asia

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