Mitsui & Co Ltd


  • UPDATE 1-French GDF Suez to sell U.S. LNG to Taiwan Friday, 28 Mar 2014 | 4:58 AM ET

    PARIS, March 28- French gas and power group GDF Suez said on Friday it has signed a deal to sell U.S. liquefied natural gas to CPC Corporation of Taiwan. GDF Suez will deliver 800,000 tonnes of LNG per year to CPC over a 20- year period starting 2018. The gas will be sourced from the Cameron LNG plant in the United States.

  • The alleged price-fixing involved bids for 15 contracts worth 9.4 billion reais for subways and urban railway lines built in Sao Paulo, Rio de Janeiro, Belo Horizonte, Brasilia and Porto Alegre between 1998 and 2013..

  • 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.

  • FACTBOX-Russia's LNG projects vie for Asian markets Friday, 15 Nov 2013 | 10:10 AM ET

    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.

  • TABLE-Japanese insurers investment plans in Oct-March Wednesday, 30 Oct 2013 | 8:39 PM ET

    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.

  • Energy firms take fresh punt on New Zealand deepwater Thursday, 24 Oct 2013 | 5:00 PM ET

    *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.

  • Nikkei Business Report     Friday, 17 May 2013 | 4:40 AM ET

    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.

  • South Korean construction stocks have lost almost 20 percent of their value this month, falling to levels last seen four years ago.

  • Woodside Shelves $40 Billion Australia LNG Project Thursday, 11 Apr 2013 | 11:45 PM ET
    Liquifaction Plant

    Woodside Petroleum has shelved plans for its $40 billion Browse liquefied natural gas project in Western Australia, saying it will consider a floating LNG plant instead.

  • US Boom Times Ahead? Maybe, Thanks to Shale Gas Tuesday, 26 Mar 2013 | 12:36 PM ET
    Workers make a pipe connection on the drill string on the Orion Perseus drilling rig that is currently drilling for oil and gas in the Eagle Ford Shale, Webb County, Texas.

    With cheap shale gas making the US a magnet for industrial companies, many economists are positing a return to industrialization after more than a decade of consumption-led growth.

  • US Shale No Panacea for Japan's Crippling Energy Bills Monday, 25 Mar 2013 | 11:21 PM ET

    U.S. shale gas may not be the panacea being touted by Japan's politicians and companies to sharply reduce the country's crippling energy bills.

  • TOKYO, Oct 31- Japan's Nikkei share average was seen moving higher on Wednesday after losing 1 percent on profit-taking a day earlier when the Bank of Japan eased monetary policy in line with expectations. ``Since the reaction to the BOJ was fully priced in yesterday, I think we should bounce back today,'' said Toshiyuki Kanayama, senior market analyst at Monex. ``The index should be steady, with some small gains, although there's a lack of incentives because the U.S. wasn't open.'' Market players said the Nikkei was likely to trade between 8,850 to 8,950 on Wednesday.

  • RIO DE JANEIRO, Oct 25- Brazilian mining company Vale SA plans to sell underperforming assets to control costs and boost profit, executives said on Thursday, a day after reporting weak earnings and halting work on a giant iron ore mine in the West African nation of Guinea.

  • RIO DE JANEIRO, Oct 25- Brazilian mining company Vale SA plans to sell underperforming assets to control costs and boost profit, executives said on Thursday, a day after reporting weak earnings and halting work on a giant iron ore mine in the West African nation of Guinea.

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