JAPAN EARTHQUAKE CREATES MAJOR DISRUPTION IN NATIONAL AND GLOBAL ENERGY SECTORS
March 1st, 2011
BY KELLY WETHERILLE and ALAN OSBORN
OIL refining in Japan suffered a major hit from the recent earthquake and resulting tsunami, with Tokyo-based Cosmo Oil taking 10 days after the March 11 quake Cosmo Oil to extinguish a fire at its Chiba refinery, and is still saying it is unsure when the plant would be able to resume operations. The Chiba refinery was one of six in Japan that were knocked out of operation by the disaster, cutting Japan's output by more than 33% to 2.7 million tonnes, down from 4 million tonnes before the quake, according to the Petroleum ...
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