Japanese refiner Eneos sheds U.K. oil field stakes

Sale of subsidiary to British development company furthers pivot to renewables

20211126N North Sea drilling rigs

Drilling rigs parked off the North Sea coast in Scotland: Eneos will unload all of its British oil and gas assets. © Reuters

NAOYUKI TOYAMA, Nikkei staff writer

TOKYO -- A unit of Eneos Holdings, Japan's top oil refiner, will sell its interests in oil and gas fields in the North Sea as it shifts its resources toward renewable energy.

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