Strengthening Competitiveness of Our Oil Business and Pursuing Low Carbonization
Strengthening Competitiveness of Our Oil Business and Pursuing Low Carbonization
To fulfill our responsibility to safely and reliably supply energy that supports modern society, we will work to strengthen the competitiveness of our Oil Business and steadily shift to low-carbon operations.
While ensuring safety in each of our Petroleum Refining and Sales, Oil Exploration and Production, and Petrochemical businesses, we aim to achieve ordinary profit of ¥150.0 billion in 2030 by implementing initiatives such as digital transformation (DX)-driven efficiency improvement measures.
Simultaneously, we will push ahead with efforts that will help us achieve low-carbon operations, including the development and application of technologies to capture and utilize CO2 emitted as a result of our business activities.
Our Vision for Strengthening Competitiveness of Refineries and Pursuing Low Carbonization Toward 2030
Overview of Efforts to Realize Low-Carbon Operations
Digitization of Refineries at the Cosmo Energy Group
As part of our efforts to strengthen the competitiveness of our Oil Business, the Cosmo Energy Group is promoting a shift to high-efficiency operations by digitizing our refineries.
2025-07-28UPDATED
Latest information on our efforts to strengthen competitiveness of our Oil Business
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2025-04-15
Press Release Cosmo OilCosmo Oil Introduces ALGO ARTIS AI-Driven Planning and Scheduling Solution “Optium” for Coastal Vessel Scheduling Aiming to Improve Operational Efficiency by Approximately 20% While Contributing to Fuel and CO2 Reductions
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2025-04-01
Press Release Cosmo Energy HoldingsNotice Concerning Optimization of Ethylene Production in the Chiba Area
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2025-03-21
Press Release Cosmo Energy HoldingsCosmo and UCDI Initiate Basic Study on CO2-Derived, Next-Generation Ethanol Production to Meet Future Ethanol Demand
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2024-10-10
Press Release Cosmo Energy Holdings Cosmo OilCosmo Oil and KEPCO Win Bid to Conduct Engineering Design Work of an Advanced CCS Project in FY2024
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2024-09-30
Press Release Cosmo OilJOGMEC selected a feasibility study on the establishment of an overseas CCS value chain in the “Engineering Design Work for Advanced CCS Projects” in FY2024
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2024-08-20
Press Release Cosmo OilCosmo Oil’s Sakai Refinery Becomes First Facility in Japan to Obtain Special Accredited Advanced Safety Inspector Certification (A-Certification)
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2023-12-01
Cosmo Energy Holdings Cosmo OilCosmo Oil and Yokogawa Start Exploring Possibilities for Refinery Digitalization
~Aiming for More Reliable and Efficient Refineries~ -
2023-10-30
Cosmo Energy HoldingsCosmo Energy Holdings and Toshiba Energy Systems & Solutions to Initiate a Joint Study Toward the Realization of CCU that Utilizes CO2 Electrolysis
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2023-10-27
Cosmo Energy Holdings Cosmo OilCosmo Oil and MOL Sign MoU to Study Ocean Transport for Development of CCS Value Chain
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2023-10-26
Cosmo Energy Holdings Cosmo OilCosmo Energy Holdings Partners With Cognite To Drive High Operational Efficiency The adoption of Cognite Data Fusion®️, a specialized Industrial DataOps platform, will serve as the cornerstone of Cosmo Energy’s digitalization aspirations
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2023-10-23
Cosmo Energy HoldingsCosmo Energy and Toyo Engineering to Initiate a Joint Study on Direct Synthesis of CO2 Emitted from Refineries and Other Facilities into Methanol
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2023-10-18
Cosmo Energy HoldingsCosmo Energy and SEKISUI to Initiate a Joint Study Toward CCU Using a Chemical Looping Reaction Technology
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2023-10-13
Cosmo Energy HoldingsCosmo Energy Holdings and KEPCO Initiate Joint Studies Toward the Establisment of a CCS Value Chain in the Sakai-Semboku Area
Work to maximize business profits by connecting the supply chain from power generation to sales
Develop our hydrogen and next-generation energy businesses, starting with supplying Japan's first domestically produced SAF
Enhance competitiveness by digitizing refineries and accelerate low-carbon operations through technology development
