News Articles for Mitsui & Co

The Business News annual export review has the latest data on 33 businesses representing $122 billion in outgoing trade. It also shows that while iron ore continues to dominate, the emergence of LNG, agriculture and services will benefit from a lower dollar.

BHP Billiton has celebrated sending its one-billionth tonne of iron ore to Japan at a ceremony in Port Hedland to mark almost 50 years of the business partnership.

Empire Oil & Gas has appointed an independent chief executive to lead the business following a board overhaul last year which claimed the scalps of each of its former directors.

Australian liquefied natural gas projects can continue to be competitive against new developments planned for the United States, Canada and east Africa, industry consultant RISC has found.

Institutional investor New Forests has increased its forestry holdings stake in Western Australia and nationally by buying a 21,000 hectare estate.

The High Court has ruled that native title rights are not extinguished by the granting of mining leases, in what indigenous groups have described as a landmark decision which will provide a clear basis for the resolution of other native title disputes.

Perth-based mining services provider Calibre Group has been awarded a $22 million contract to provide management services for the brownfields expansion of Rio Tinto's West Angelas iron ore mine in the State's north west.

The Environmental Protection Authority has appointed three delegates to assess the environmental impact of the state government's proposed Browse liquefied natural gas precinct.

Increasing demand for hardwood plantation products has boosted the outlook for the much-maligned industry in Western Australia, but whether companies can capitalise on new growth will depend on how much suitable land they can access.

Woodside Petroleum has inked a deal to supply about 1.5 million tonnes of liquefied natural gas over three years to Japanese utility Chubu Electric Power.

Chinese interest in Australian property and resources may be in the spotlight, but Japan still has a significant foothold, particularly in WA.

Chevron is one of five petroleum companies to have been awarded new exploration permits in the federal government's latest round of offshore acreage release.

Shell Australia boss Andrew Smith has defended his company's decision to walk away from an onshore gas development at James Price Point at an at-times heated parliamentary committee inquiry.

Business News' annual export review charts the state's reliance on a handful of major companies and commodities, despite the emergence of new players.

An array of large and small projects will push WA's petroleum production to 1 million barrels of oil equivalent per day for the first time next year.

The highly-prospective Browse gas fields off the north-west of the state will be developed using floating liquefied natural gas technology, the project's proponents have confirmed today.

Competition in the state's investment banking sector is hotter than ever despite a fall-off in takeover deals and capital raisings last year.

Traditional takeover activity in corporate Western Australia has been quiet this year but it's a different story in the oil and gas sector.

Changing global markets and local community pressures are crimping the growth prospects for big gas projects but the industry is still in a boom.

It is not that Perth dealmakers are joining the dole queues, they have just had a little more time on their hands recently.