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Mitsui Bussan
is one of the largest ''sogo shosha'' (general trading companies) in Japan; it is part of the Mitsui Group. History The company was established in 1876 with 16 members including the founder, Takashi Masuda. As Japan's international trading was dominated by foreigners since the end of the Edo period, it aimed to expand business owned by Japanese citizens. By the end of World War II, it became a dominant trading giant, but was dissolved by the order of GHQ. The current Mitsui & Co. was established in 1947 as Daiichi Bussan Kaisha, Ltd. (''First Bussan Corporation Ltd''). In 1959, it merged with several other trading companies and changed its name to Mitsui & Co., Ltd. During Japan's period of rapid postwar economic growth, the firm was a key player in several major natural resources projects. In 1971, it took a stake in an offshore gas field near Das Island in Abu Dhabi, which supplies liquefied natural gas to Japan on an exclusive basis; it invested in a major Western Austr ...
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Public Company
A public company is a company whose ownership is organized via shares of stock which are intended to be freely traded on a stock exchange or in over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange (listed company), which facilitates the trade of shares, or not ( unlisted public company). In some jurisdictions, public companies over a certain size must be listed on an exchange. In most cases, public companies are ''private'' enterprises in the ''private'' sector, and "public" emphasizes their reporting and trading on the public markets. Public companies are formed within the legal systems of particular states, and therefore have associations and formal designations which are distinct and separate in the polity in which they reside. In the United States, for example, a public company is usually a type of corporation (though a corporation need not be a public company), in the United Kingdom it is usually a public limited company (plc ...
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Gulf Of Mexico
The Gulf of Mexico ( es, Golfo de México) is an ocean basin and a marginal sea of the Atlantic Ocean, largely surrounded by the North American continent. It is bounded on the northeast, north and northwest by the Gulf Coast of the United States; on the southwest and south by the Mexican states of Tamaulipas, Veracruz, Tabasco, Campeche, Yucatan, and Quintana Roo; and on the southeast by Cuba. The Southern U.S. states of Texas, Louisiana, Mississippi, Alabama, and Florida, which border the Gulf on the north, are often referred to as the " Third Coast" of the United States (in addition to its Atlantic and Pacific coasts). The Gulf of Mexico took shape approximately 300 million years ago as a result of plate tectonics.Huerta, A.D., and D.L. Harry (2012) ''Wilson cycles, tectonic inheritance, and rifting of the North American Gulf of Mexico continental margin.'' Geosphere. 8(1):GES00725.1, first published on March 6, 2012, The Gulf of Mexico basin is roughly ov ...
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Mozambique
Mozambique (), officially the Republic of Mozambique ( pt, Moçambique or , ; ny, Mozambiki; sw, Msumbiji; ts, Muzambhiki), is a country located in southeastern Africa bordered by the Indian Ocean to the east, Tanzania to the north, Malawi and Zambia to the northwest, Zimbabwe to the west, and Eswatini and South Africa to the southwest. The sovereign state is separated from the Comoros, Mayotte and Madagascar by the Mozambique Channel to the east. The capital and largest city is Maputo. Notably Northern Mozambique lies within the monsoon trade winds of the Indian Ocean and is frequentely affected by disruptive weather. Between the 7th and 11th centuries, a series of Swahili port towns developed on that area, which contributed to the development of a distinct Swahili culture and language. In the late medieval period, these towns were frequented by traders from Somalia, Ethiopia, Egypt, Arabia, Persia, and India. The voyage of Vasco da Gama in 1498 marked the arrival ...
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Nacala
Nacala, also known as Cidade de Nacala or Nacala-Porto is a city on the northern coast of Mozambique. Located in the southwestern indentation of inner Fernao Veloso Bay, it is the deepest natural port on the east coast of Africa. Nacala serves as the terminal for the Nacala railway, a rail line to the landlocked Malawi. South of Nacala is Mozambique Island, at one time the capital of Mozambique and now a World Heritage site. History Nacala was founded as a little town and developed as a deep waters port and an industrial, agricultural and exporting centre during the last period of the Portuguese rule of the territory which ended in the mid-1970s. Among its major industries were cement, sisal and cashew. Other important employers were the seaport, its small modern hospital, and services (banking, insurance and administration). Industry Nacala is site of one of three cement works in Mozambique. Transport Nacala is the terminal of the Nacala railway that connects to the Ce ...
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Moatize
Moatize is the principal town and administrative center of Moatize District in western Mozambique's Tete Province. It is located on the eastern side of the Zambezi River at the confluence of the Moatize and Revuboe Rivers. After Tete, it is the second largest urban area, by population, in western Mozambique. Economy The economy of Moatize is based in the extraction of natural resources, specifically coking coal. The surrounding coal basin has an estimated 2.5 billion tons of coal. In 2006, VALE, a Brazilian company gained a concession to build and operate a coal mine at Moatize to export coal via rail to Beira, a Mozambican port. As of 2012, eight mining companies operated within the greater Moatize area, including Riversdale Mining, an Australian company. Additionally, there are several small-scale businesses located in and around Moatize that cater to international businessmen engaged in the coal mining industry, including several small hotels, restaurants, and night club ...
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Steel
Steel is an alloy made up of iron with added carbon to improve its strength and fracture resistance compared to other forms of iron. Many other elements may be present or added. Stainless steels that are corrosion- and oxidation-resistant typically need an additional 11% chromium. Because of its high tensile strength and low cost, steel is used in buildings, infrastructure, tools, ships, trains, cars, machines, electrical appliances, weapons, and rockets. Iron is the base metal of steel. Depending on the temperature, it can take two crystalline forms (allotropic forms): body-centred cubic and face-centred cubic. The interaction of the allotropes of iron with the alloying elements, primarily carbon, gives steel and cast iron their range of unique properties. In pure iron, the crystal structure has relatively little resistance to the iron atoms slipping past one another, and so pure iron is quite ductile, or soft and easily formed. In steel, small amounts of ...
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Iron Ore
Iron ores are rocks and minerals from which metallic iron can be economically extracted. The ores are usually rich in iron oxides and vary in color from dark grey, bright yellow, or deep purple to rusty red. The iron is usually found in the form of magnetite (, 72.4% Fe), hematite (, 69.9% Fe), goethite (, 62.9% Fe), limonite (, 55% Fe) or siderite (, 48.2% Fe). Ores containing very high quantities of hematite or magnetite (greater than about 60% iron) are known as "natural ore" or "direct shipping ore", meaning they can be fed directly into iron-making blast furnaces. Iron ore is the raw material used to make pig iron, which is one of the main raw materials to make steel—98% of the mined iron ore is used to make steel. In 2011 the ''Financial Times'' quoted Christopher LaFemina, mining analyst at Barclays Capital, saying that iron ore is "more integral to the global economy than any other commodity, except perhaps oil". Sources Metallic iron is virtually unk ...
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Eagle Ford Shale
The Eagle Ford Group (also called the Eagle Ford Shale) is a sedimentary rock formation deposited during the Cenomanian and Turonian ages of the Late Cretaceous over much of the modern-day state of Texas. The Eagle Ford is predominantly composed of organic matter-rich fossiliferous marine shales and marls with interbedded thin limestones. It derives its name from outcrops on the banks of the West Fork of the Trinity River near the old community of Eagle Ford,Hill, R. T. (1887) The topography and geology of the Crosstimbers and surrounding regions in North Texas: American Journal of Science, v. 33, no. 196, pp. 291–303. which is now a neighborhood within the city of Dallas. The Eagle Ford outcrop belt trends from the Oklahoma-Texas border southward to San Antonio, westward to the Rio Grande, Big Bend National Park, and the Quitman Mountains of West Texas.Denne, R. A., Breyer, J. A., Callender, A. D., Hinote, R. E., Kariminia, M., Kosanke, T. H., Kita, Z., Lees, J. A., Rowe, H. ...
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Marcellus Shale
Marcellus may refer to: * Marcellus (name) * Marcus Claudius Marcellus, Roman commander Places * Marcellus, Lot-et-Garonne, France * Marcellus Township, Michigan ** Marcellus, Michigan, a village in Marcellus Township ** Marcellus Community Schools ** Marcellus High School (Michigan) ** '' Marcellus News'', a newspaper * Marcellus, New York ** Marcellus Central School District ** Marcellus High School ** Marcellus (village), New York Other uses * ''Marcellus'' (1811 ship) * Marcellus Formation, a mapped bedrock unit in eastern North America * ''Protographium marcellus'', a butterfly * ''Pseudorhabdosynochus marcellus'', a fish parasite * , a collier in service with the United States Navy from 1898 to 1910 See also * * Marsalis (other), a family of American musicians * Marcello * Marcelo * Marcel (other) Marcel may refer to: People * Marcel (given name), people with the given name Marcel * Marcel (footballer, born August 1981), Marcel Silva Andrade, Brazi ...
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Upstream (petroleum Industry)
The oil and gas industry is usually divided into three major sectors: upstream (or exploration and production - E&P), ''midstream'' and ''downstream''. The upstream sector includes searching for potential underground or underwater crude oil and natural gas fields, drilling exploratory wells, and subsequently operating the wells that recover and bring the crude oil or raw natural gas to the surface. The upstream industry has traditionally experienced the highest number of Mergers, Acquisitions (M&A) and Divestitures. M&A activity for upstream oil and gas deals in 2012 totaled $254 billion in 679 deals. A large chunk of this M&A, 33% in 2012, was driven by the unconventional/shale boom especially in the US followed by Russia and then Canada. The aggregate value of Upstream E&P assets available for sale (Deals in Play) reached a record-high of $135 billion in Q3 2013. The value of Deals in Play doubled from $46 billion in 2009 to $90 billion in 2010. With ongoing M&A activity, th ...
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Berkshire Hathaway
Berkshire Hathaway Inc. () is an American multinational conglomerate holding company headquartered in Omaha, Nebraska, United States. Its main business and source of capital is insurance, from which it invests the float (the retained premiums) in a broad portfolio of subsidiaries, equity positions and other securities. The company has been overseen since 1965 by its chairman and CEO Warren Buffett and (since 1978) vice chairman Charlie Munger, who are known for their advocacy of value investing principles. Under their direction, the company's book value has grown at an average rate of 20%, compared to about 10% from the S&P 500 index with dividends included over the same period, while employing large amounts of capital and minimal debt. The company's insurance brands include auto insurer GEICO and reinsurance firm General Re. Its non-insurance subsidiaries operate in diverse sectors such as confectionery, retail, railroads, home furnishings, machinery, jewelry, apparel, ...
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MarketWatch
MarketWatch is a website that provides financial information, business news, analysis, and stock market data. Along with ''The Wall Street Journal'' and '' Barron's'', it is a subsidiary of Dow Jones & Company, a property of News Corp. History The company was conceived as DBC Online by Data Broadcasting Corp. in the fall of 1995. The marketwatch.com domain name was registered on July 30, 1997. The website launched on October 30, 1997, as a 50/50 joint venture between DBC and CBS News run by Larry Kramer and with Thom Calandra as editor-in-chief. In 1999, the company hired David Callaway and in 2003, Callaway became editor-in-chief. In January 1999, during the dot-com bubble, the company became a public company via an initial public offering. After pricing at $17 per share, the stock traded as high as $130 per share on its first day of trading, giving it a market capitalization of over $1 billion despite only $7 million in annual revenues. In June 2000, the company formed a ...
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