Key facts
- Eneos Holdings plans to invest approximately 1 trillion yen ($6.36 billion) worldwide.
- The investment is set to occur after acquiring businesses from Chevron.
- Eneos aims to build a supply chain in Southeast Asia.
- The company will support energy cooperation between Southeast Asia and Japan.
Japanese oil major Eneos Holdings is looking to significantly ramp up its global growth investments, targeting approximately 1 trillion yen ($6.36 billion). This strategic move follows recent acquisitions of businesses from Chevron. Eneos intends to leverage these acquisitions to establish a robust supply chain within Southeast Asia and to play a key role in fostering energy cooperation between Japan and the region. The company's plans align with broader government initiatives aimed at strengthening energy ties in Southeast Asia.