Mitsubishi Company News
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LNG Import Growth Underway in India
Thursday, March 07, 2019The commissioning of India's first east coast regas terminal signals a period of rapid growth.
Japan Mitsubishi Corp To Acquire 25% Stake In Bangladesh LNG Terminal
Friday, August 17, 2018Japan's Mitsubishi Corp says it has agreed to acquire 25% of Bangladesh's Summit LNG terminal.
Mitsubishi Heavy Bets on New US Turbomachinery Demand
Friday, February 17, 2017Japan-based industrial firm expanding reach within US oil and gas market.
Shell-Led Group Delays Decision On Canada Gas Export Plan
Tuesday, July 12, 2016Shell and its partners delay for the second time this year a final investment decision on a terminal to export liquefied natural gas from Canada's Pacific Coast to Asian markets.
Japanese Banks Expand To Ranks of World's Biggest Energy Lenders
Thursday, June 09, 2016Japanese banks, known for the risk-aversion that spared them the worst of the credit crisis, have quietly grown into some of the world's largest energy lenders.
Inpex, MHI Ink Memorandum on Joint Study of Technological Challenges
Thursday, May 26, 2016Inpex and Mitsubishi Heavy Industries ink memorandum agreeing to jointly study solutions for various technological challenges in the energy sector.
Japan Energy Spending Cuts Add Urgency to Securing Future Supply
Tuesday, May 17, 2016Energy companies in Japan are slashing investments by more than one-third following the collapse in commodity prices, increasing pressure on Prime Minister Shinzo Abe's government to supplement exploration budgets.
Indonesia's Small-Scale LNG Plans Face Several Challenges
Friday, April 15, 2016Some analysts say small-scale LNG could be best for Indonesia, but one observer says it's more sensible to reform the gas sector.
Mitsubishi, ExxonMobil Collaborate on Advanced Gas Turbine Technology
Tuesday, April 12, 2016Mitsubishi to collaborate with ExxonMobil in developing advanced gas turbine technology in order to reduce liquefied natural gas unit costs.
Buru Energy Updates on Drilling Operations at 2 Wells in Western Australia
Thursday, November 05, 2015Buru Energy provides updates on drilling operations at Senagi and Victory 1 wells in Western Australia.
Buru Energy Provides Updates on Drilling at Victory 1, Senagi 1 Wells in WA
Thursday, October 29, 2015Buru Energy provides drilling updates on Victory 1 and Senagi 1 wells in Western Australia.
Buru Encounters Mechanical Issues at Victory 1 Well in WA's Permit EP 457
Thursday, October 15, 2015Buru Energy encounters some mechanical issues at the Victory 1 well in permit EP 457 in Western Australia.
Australia's Buru Energy Spuds Senagi 1 Prospect in Permit EP 458 in WA
Thursday, October 15, 2015Australia's Buru Energy spuds Senagi 1 exploration well in permit EP 458 in Western Australia.
Buru Energy Updates on Drilling at Victory 1 Well in WA's Permit EP 457
Friday, October 09, 2015Buru Energy provides drilling update at Victory 1 well in Permit EP 457 in Western Australia.
Russia Oil Output at Post-Soviet High on Foreign Projects, Rosneft
Friday, October 02, 2015Russian oil output reached a new post-Soviet monthly high of 10.74 million barrels per day in September thanks to foreign-led projects and Rosneft, according to Russia's Energy Ministry.
Buru Expresses Disappointment with Results of WA's Praslin 1 Drilling
Thursday, October 01, 2015Buru Energy expresses disappointment with the drilling results at Praslin 1 well in Western Australia, while providing an update on the Victory 1 prospect in permit EP457.
Quadrant Energy Withdraws from Coastal Permits in WA's Canning Basin
Wednesday, September 23, 2015Quadrant Energy withdraws from the Coastal Permits in Western Australia's Canning Basin.
Buru Energy Commences Drilling at Victory 1 Well in EP 457 in Canning Basin
Wednesday, September 09, 2015Buru Energy commences drilling at Victory 1 exploration well in permit EP 457 in Western Australia's Canning Basin.
Buru Energy Continues Drilling at Praslin 1 Well in WA's EP391 Permit
Monday, August 24, 2015Buru Energy provides update on drilling at Praslin 1 well in permit EP391 in Western Australia.
WA's Praslin 1 Well Drilling Delayed by Minor Mechanical Issues on Rig
Thursday, August 13, 2015Buru Energy reveals that drilling at the Praslin 1 well in Permit EP391 in Western Australia has been delayed by minor mechanical issues on the rig.
PT Donggi Senoro LNG Ships First LNG Cargo to Arun Terminal in Sumatra
Monday, August 03, 2015Indonesia's PT Donggi Senoro LNG ships its first liquefied natural gas cargo from Sulawesi, Indonesia to Arun LNG terminal in north Sumatra.
Buru Energy Provides Drilling Update on Praslin 1 Well in WA's Permit EP391
Thursday, July 23, 2015Buru Energy provides a drilling update of the Praslin 1 exploration well in Permit EP391 in Western Australia.
Ungani Oilfield Begins Commercial Production, Cash Flow
Friday, July 17, 2015Commercial oil production and cash flow generation has commenced at Western Australia's Ungani oilfield, which is a Buru Energy and Mitsubishi joint venture.
Mitsubishi, NYK Buy 45% Stake in FPSO Turritella Project from SBM for $590M
Thursday, July 16, 2015SBM Offshore divests 45 percent stake in FPSO Turritella project to two Japanese companies for $590 million.
WA's Ungani Oil Field on Track for Production Startup in Mid-July
Monday, July 06, 2015Buru Energy says the Ungani oil field in Western Australia's Kimberly region is on track to commence production in mid-July.
Apache Fails to Find Hydrocarbons at Olympic 1 Well in WA's Permit EP 473
Thursday, June 18, 2015Buru Energy says drilling at the Olympic 1 well in permit EP 473 in Western Australia has not uncovered any hydrocarbons so far.
Buru Energy: No Major Hydrocarbons at Olympic 1 yet, Drilling Continues
Thursday, June 11, 2015Buru Energy Limited reports that significant hydrocarbons are yet to be found at the Olympic 1 exploration well, located in permit EP 473 in Western Australia.
Russia's Sakhalin LNG Plant to Start Maintenance in Mid-June
Tuesday, June 09, 2015Production from Russia's Sakhalin II liquefied natural gas export plant will halve during a planned maintenance period from mid-June until mid-July, a spokeswoman for Sakhalin Energy said.
Apache Spuds Olympic-1 Oil Exploration Well in WA's Permit EP 473
Friday, May 22, 2015Apache spuds the Olympic 1 oil exploration well in permit EP 473, located southeast of Broome in Western Australia.
Buru to Kick Off Major Oil Exploration Program in WA's Canning Basin in May
Wednesday, April 29, 2015Buru Energy to kick off major oil exploration program in the Canning Basin in Western Australia in mid-May.
Buru-Mitsubishi JV Moves Nearer to Developing WA's Ungani Oil Field
Thursday, April 16, 2015Buru Energy and its partner Mitsubishi move nearer to developing the Ungani oil field in Western Australia.
Buru Energy Secures Indigenous Agreement for Ungani Oil Project in WA
Thursday, April 02, 2015Buru Energy secures indigenous land use agreement from the Yawuru People to proceed with the Ungani Oil Field project in Canning Basin, Western Australia.
Apache Continues Drilling Operations at Commodore 1 Well in EP 390 in WA
Friday, December 12, 2014Apache continues drilling operations at Commodore 1 well in exploration permit EP 390 in the Canning Basin, Western Australia.
Buru Suspends Ungani North 1 Well in WA's Canning Basin
Thursday, November 27, 2014Buru Energy suspends Ungani North 1 well in Canning Basin, Western Australia to evaluate results of well test.
Buru Energy Completes Oil Production Testing at Ungani North 1 Well in WA
Thursday, November 13, 2014Buru Energy completes oil production testing at Ungani North 1 well in the Canning Basin, Western Australia.
First Phase of Ungani 1st1 Workover at WA's Ungani Field Has Been Completed
Tuesday, September 16, 2014Buru Energy reports that the first phase workover of Ungani 1st1 at Ungani field in Canning Basin, Western Australia has been completed.
Sources: Murphy Oil's Malaysia Assets Draw Interest From Mitsubishi, ONGC
Friday, July 18, 2014Mitsubishi submits a non-binding bid to buy Murphy Oil's Malaysian oil and gas assets valued at about $2.5 billion, a person familiar with the matter tells Reuters.
Horizon Oil Gets Approval to Develop Stanley Gas, Condensate Project in PNG
Monday, April 14, 2014Horizon Oil receives approval to develop the Stanley gas condensate project in Western Province, Papua New Guinea.
Buru Provides Update on Drilling at Ungani 3 Well in EP 391 in WA
Thursday, February 06, 2014Buru Energy provides update on drilling operations at Ungani 3 well in exploration permit 391 in Western Australia.
Buru Updates on Drilling at Ungani 3 Well in EP 391 in Western Australia
Thursday, January 30, 2014Buru Energy provides an update on drilling operations at Ungani 3 well in exploration permit 391 in Western Australia.
Buru-Mitsubishi JV Spuds Ungani 3 Appraisal Well in Western Australia
Wednesday, January 15, 2014Buru Energy discloses that drilling has commenced at Ungani 3 appraisal well in exploration permit 391 in Western Australia.
Buru Energy to Drill Ungani 3 Appraisal Well in Canning Basin Shortly
Monday, January 13, 2014Buru Energy reveals that drilling will begin shortly at Ungani 3 well in the Ungani oil field in the Canning Basin, Western Australia.
Rosneft, Foreign-Led Firms Boost Russian Oil Output to Post-Soviet Record
Monday, December 02, 2013Rosneft boosts Russian oil output to post-Soviet record with the help of foreign-led companies.
CEO: S.Korea's KOGAS Considering Selling 5-10% Stake in LNG Canada
Tuesday, October 15, 2013KOGAS is considering selling a portion of its stake in the LNG Canada project, according to the firm's chief executive.
Woodside Says May Build 3 Floating LNG Plants for Browse
Tuesday, October 15, 2013Woodside Petroleum could build three floating liquefied natural gas plants for its Browse project, according to its chief executive.
Novatek Close to Pick Final Yamal LNG Partner – Paper
Thursday, September 26, 2013Novatek close to picking a third and final partner for its Yamal LNG project.
SBM in $3.5B FPSO Deal
Monday, July 15, 2013SBM Offshore signs contracts for two FPSO vessels for the Lula field, offshore Brazil.
Osaka Gas Buys PNG Gas Fields
Thursday, May 23, 2013Osaka Gas buys stakes in natural gas assets in Papua New Guinea from Horizon Oil.
Shell-Iraq Venture to Produce 500 MMcf/d Gas By End 2013
Thursday, May 02, 2013A joint venture between Iraq, Shell and Mitsubishi Corp. will by the end of this year have doubled the amount of natural gas it captures from three giant southern oil fields.
Jogmec to Develop Shale Technology With Encana, Mitsubishi
Wednesday, April 03, 2013Jogmec says it has agreed with Encana and Mitsubishi to jointly develop technologies to extract hydrocarbon from shale more efficiently.