ENEOS Holdings, Inc.

ENEOS and NSD have announced share cancellations. ENEOS will cancel 39.6339 million shares, equivalent to 1.5% of its issued shares, while NSD will cancel 3 million shares, equivalent to 3.49% of its issued shares. Both cancellations are scheduled for October 16.

Matlantis announced that ENEOS Holdings Corporation is using its Matlantis PFP machine learning potential with NVIDIA ALCHEMI to accelerate the discovery of new catalyst materials. By combining PFP with NVIDIA ALCHEMI, ENEOS HD evaluated approximately 100 million candidate structures for oxygen evolution reaction catalysts, identifying priority candidates for synthesis and experimental validation. The effort reduced a discovery process that traditionally took years to just a few months. PFP is a general-purpose machine learning interatomic potential supporting all 96 chemical elements, while NVIDIA ALCHEMI provides an accelerated computing platform for scaling computational workflows across chemistry and materials science. Takeshi Ibuka, General Manager of the AI Innovation Department at ENEOS Holdings Corporation, said the work demonstrates how large-scale computational screening can fundamentally change the way materials are discovered and developed. Matlantis President and CEO Daisuke Okanohara and Dion Harris, senior director of HPC, Cloud and AI Infrastructure at NVIDIA, also commented on the collaboration.

Asian refineries have significantly increased their purchases of crude oil from Argentina, following the impact of the Iran war on Middle East supply. According to Argentine government data, crude exports to Asia have surged to a record average high of 35,000 barrels per day this year, more than five times the average in 2025. Refineries in Japan, South Korea, and China have bought Argentina's Medanito crude, with Japan being a new buyer through Eneos Holdings and Taiyo Oil, while South Korea's Hyundai Oilbank, as well as China's PetroChina and Shaanxi Yanchang Petroleum, are also major buyers. Medanito crude has properties similar to WTI but is $1-2 per barrel cheaper, and its shipping route does not pass through the Panama Canal or the Suez Canal, an advantage during Middle East uncertainty. However, Argentina still faces infrastructure constraints, as current ports can only accommodate Aframax-sized vessels, but the Vaca Muerta Oil Sur project, set to start operations next year, will boost future export capacity.

Par Pacific Holdings' Hawaii Renewables facility produced on-specification renewable diesel in April 2026 and completed its first commercial sales, marking a key operational milestone for the company's long-term growth. The facility is designed to produce 61 million gallons of renewable diesel, sustainable aviation fuel, and renewable naphtha annually, with flexibility to produce up to 60% SAF or 90% renewable diesel. Production ramped during the second quarter, with June throughput reaching approximately 3,000 barrels per day before a plant-wide turnaround. The joint venture with Mitsubishi Corporation and ENEOS Corporation contributed $100 million for a 36.5% interest, providing feedstock-sourcing and customer-access capabilities across Asia-Pacific and California. Par Pacific has not yet provided mid-cycle earnings guidance for Renewables as commissioning and ramp-up continue.

The consolidated earnings for the April–June 2026 quarter are in for Japan's three major oil refiners, and all three posted substantial net profits. The effective blockade of the Strait of Hormuz following the Middle East conflict that began in late February pushed up crude oil prices at the time of sale compared with procurement, boosting profits, and also generated inventory valuation gains. ENEOS Holdings and Cosmo Energy Holdings swung from net losses a year earlier to large net profits, while Idemitsu Kosan's net profit surged eightfold year on year.

ENEOS Holdings announced consolidated net profit of 41.49 billion yen for the April–June quarter of 2026. In the same period a year earlier, it posted a loss of 14.5 billion yen. Operating profit rose 9.5 times year-on-year to 48.25 billion yen, driven by improvements in the petroleum products business thanks to the resolution of refinery troubles and higher overseas market conditions. The full-year consolidated net profit forecast was kept unchanged at the previous estimate of 41.5 billion yen, while the average estimate of seven analysts stood at 38.11 billion yen. The company also announced it will acquire US chemical maker TPC Holdings. The acquisition price was not disclosed, but it said the deal would make it the world's third-largest producer of the basic chemical butadiene.

TPC Group has entered into a definitive agreement to be acquired by ENEOS Holdings, Inc. ENEOS will acquire TPC Group’s petrochemical operations in Houston, Texas, along with terminal operations in Port Neches, Texas, and Lake Charles, Louisiana. The transaction is expected to strengthen ENEOS Group’s competitiveness in the petrochemical C4 value chain and expand its U.S. operations, aligning with its Fourth Medium-Term Management Plan. TPC Group President and CEO Ed Dineen called the deal a strong endorsement of the company’s people and capabilities. The transaction is subject to customary closing conditions, including regulatory approvals, with closing expected in October 2026.

NVIDIA announced that leading Japanese enterprises, startups, and research institutions are building industry-specialized AI models and applications with NVIDIA Nemotron open models, data, and libraries. The Institute of Science Tokyo developed its Swallow family of open foundation models using NVIDIA Nemotron datasets and the NVIDIA NeMo software stack, enhancing Japanese language and reasoning performance. SoftBank Corp.'s SB Intuitions trained its Sarashina series of generative AI models using NVIDIA Nemotron, with Sarashina3 mini selected by Japan's Digital Agency for specialized use cases. Stockmark released a specialized Japanese-language document-understanding model based on the NVIDIA Nemotron 3 Nano Omni model. Japanese enterprises including avatarin, ENEOS Holdings, Hitachi, and NTT DATA are building Japanese-language AI applications with NVIDIA Nemotron for remote-presence robotics, enterprise agents, and specialized medical and contact centers. Sakana AI is integrating NVIDIA Nemotron into its Fugu model-routing platform to dynamically select the best model for each task in agentic AI workflows.