TOKYO, Jan 24- Japan's Chubu Electric Power Co said on Friday it will sign a preliminary deal with India's GAIL as soon as possible to buy liquefied natural gas together, the latest move by Asian buyers looking to cut prices for the fuel.
TOKYO, Jan 24- Japanese utility Chubu Electric Power Co and trading house Mitsui& Co are set to sign memorandums of understanding with Indian firms to cooperate in the energy sector, industry sources said on Friday.
RIO DE JANEIRO, Dec 18- Brazilian miner Vale SA expects to more than replace the 4 million tonnes a year of potash it stands to lose from the cancellation of its Rio Colorado project in Argentina as it opens mines in Brazil and Canada, its top executive said on Wednesday.
WELLINGTON, Dec 5- New Zealand has awarded deepwater petroleum exploration permits to Norway's Statoil and Australia's Woodside Petroleum Ltd, which join other overseas companies already looking to tap the nation's energy resources.
Economic expansion, nuclear plant shutdowns in Japan and South Korea and the shift toward cleaner-burning gas in smog-choked Chinese cities have contributed to rising demand for LNG in Asia, already the top destination for the fuel.
MOSCOW, Nov 15- The Russian parliament's lower house gave its preliminary backing on Friday to amendments that would allow competitors of state-run Gazprom to export seaborne liquefied natural gas. **LNG should not compete with Gazprom's pipeline exports. Royal Dutch Shell and Mitsui are keen to expand to 15 million tonnes, but have failed to persuade Gazprom.
*Genome doubling process occurs naturally in plants. *Company has recently raised $65 million investment. MOSHAV SARONA, Israel, Nov 15- An Israeli enterprise which aims to boost global crop yields without the aid of genetic modification will sow its first commercial seeds within three years, the company pioneering the technique has told Reuters.
MOSCOW, Nov 13- Canadian miner Uranium One Holding, acquired this year by Russian state-owned reactor builder and supplier Rosatom, said it would freeze expansion projects in Russia and elsewhere due to low uranium prices. "Given the unfavourable market environment, we have decided to freeze expansion projects both in Russia and abroad," Zhivov said.
Nippon Life wants to increase foreign bonds if currency rates attractive Dai-ichi to keep holding without currency hedging steady Meiji Yasuda plans to increase holdings, possibly by 700 billion Sumitomo to gradually reduce currency hedges on foreign bonds Mitsui no major plan to increase foreign bond holdings Taiyo to increase holdings, mostly with currency hedging Daido have increased holdings by Y35 bln in H1 Fukoku to maintain holdings after having bought Y100 bln more than.
*Anadarko to drill 2 deepwater wells in New Zealand. WELLINGTON, Oct 25- New Zealand is hoping the first deepwater wells to be drilled in the country in nearly 15 years will reignite interest in its offshore oil and gas basins, mostly ignored since some early discoveries in the 1970 s.
**Crown Castle International Corp said on Sunday that it had agreed to buy rights to about 9,700 AT&T Inc wireless communication towers for $4.85 billion in cash.
RIO DE JANEIRO, Oct 21- Brazil geared up on Monday to sell production rights to its largest-ever oil discovery in a landmark auction that sparked widespread nationalist protests even though most of the world's premier energy companies opted to stay away.
TOKYO, Oct 18- Japan's Mitsui Life Insurance has suspended a plan to increase its stockpile of foreign bonds because it expects the value of U.S. bonds to fall as the Federal Reserve moves toward scaling back its economic stimulus later in the year.
*Tanzania expected to launch bidding round this month. *Mozambique has found larger reserves, bidding round expected by Q1. LONDON, Oct 10- Mozambique and Tanzania are locked in a race to be first to export gas from East Africa, but a bigger battle awaits as the United States and others gear up for a share of the global gas market.
The decision by the Commodity Futures Trading Commission was a defeat for silver commentators and investors who urged the probe, saying big banks including JPMorgan Chase& Co were selling the metal short using futures and options to hold prices down.
RIO DE JANEIRO, Sept 19- Brazil's planned auction of its biggest-ever oil discovery attracted only a quarter of the interest expected by the government after many of the large, wealthy oil companies with experience in the region declined to sign up for the sale.
RIO DE JANEIRO, Sept 19- Brazil's planned auction of its biggest-ever oil discovery attracted only a quarter of the interest expected by the government after many of the large, deep-pocketed oil companies with experience in the region declined to sign up for the sale.
Under the plan, Tokyo- based trading company Mitsui Co, will pay 1.51 billion reais for 20 percent of VLI and Brazil's FGTS worker compensation and retirement fund will pay 1.2 billion reais for 15.9 percent. The Mitsui and FGTS sales will cut Vale's share in VLI to 64.1 percent, Vale said.
RIO DE JANEIRO, Sept 18- Brazilian iron ore company Vale SA said on Wednesday that it signed an accord to sell a 26 percent stake in its VLI SA logistics operation to a consortium led by Brookfield Brasil but that negotiations on terms were still underway.
Mitsui, Mitsubishi and Nippon Yusen reached a joint venture agreement with the U.S. firm Sempra Energy. The project, estimated to cost $10 billion, plans to produce 12 million tons of liquefied natural gas a year by 2017, or equivalent to 10% of annual Japanese demand. The Nikkei's Sachiko Kishida reports.