Oct 19, 2016

Some Japan trading houses eye resuming Iran oil imports: sources

Japanese traders including Marubeni Corp. and Sumitomo Corp. that stopped buying Iranian oil during western sanctions are looking to resume imports, potentially by year-end, industry sources said. Conservative Japanese firms have so far held off taking Iranian crude due to a lack of internationally acceptable ...

Osaka Gas may pull out of Marubeni thermal power project

Dec 21, 2015

Osaka Gas may pull out of Marubeni thermal power project

Osaka Gas Co. may pull out of a thermal power project planned with Marubeni Corp. amid signs of nuclear restarts and increasing calls to reduce carbon dioxide from power generation. The Osaka-based company is considering giving up on its participation in the project in Ibaraki ...

/ Apr 26, 2013

China slaps conditions on Marubeni's Gavilon deal

Marubeni Corp.'s plan to acquire U.S. commodities trader Gavilon Holdings LLC is acceptable as long as the two companies keep their soybean operations for China separate, the Chinese Ministry of Commerce said. The ministry said Wednesday that the acquisition could help Marubeni increase its ...

Aeon to take over Daiei in bid for dominance

/ Mar 31, 2013

Aeon to take over Daiei in bid for dominance

Aeon Co. announced Wednesday it will increase its stake in Daiei Inc. to turn the smaller superstore chain into a subsidiary, creating a massive retailing group that will have combined sales in excess of ¥6 trillion. Aeon, which owns a 19.9 percent stake in Daiei, ...

Marubeni to conduct geothermal power research in national park

/ Feb 28, 2013

Marubeni to conduct geothermal power research in national park

Marubeni Corp. is planning the first on-site survey for a geothermal power project in a national park following deregulation last March by the Environment Ministry. The one-year research initiative, starting possibly in May, will use dedicated surveyors to confirm geothermal sources in Daisetsuzan National Park ...