Mitsubishi Corporation

Energy Business Group

In the Energy Business Group, we develop and invest in oil and gas projects. We also deal in products relating to crude oil, petroleum, liquefied petroleum gas (LPG), liquefied natural gas (LNG), and carbon.

The shale revolution, which began in the U.S., caused significant change in the global supply and demand structure for crude oil and natural gas, and as a result the business environment surrounding energy has transformed dramatically in the last few years. In addition, amid ongoing geopolitical risks centered on the Middle East, the slump in the price of crude oil has been prolonged and the resultant uncertainty has increased. Amid this environment, the group aspires to develop as an enterprise that makes a valuable contribution to society through the provision of stable supplies of energy. These business activities rely on an extensive network developed over many years with users in Japan and overseas, oil- and natural gas-producing nations and major oil companies. Aiming to be an “unique and sustainable energy business as the energy arm of a general trading company”, the group engages in daily business activities with an eye on coexisting with the energy society of tomorrow by focusing on securing energy resources and ensuring stable energy supplies while also taking the global environment into consideration in order to further increase the corporate value.


The Energy Business Group has several key strategies: maintain and expand existing projects, particularly natural gas projects, and bring online new projects or ones under development; develop and strengthen E&P business; create new business models for tapping into globalization and growth markets; and strengthen MC's strategies and functions in support of these activities. While focusing on Japan, we intend to develop our businesses globally to capture demand in other Asian countries and emerging economies.

Organizational Structure

Strategic fields

The Energy Business Group contributes to the development of industry and helps to improve the quality of people's lives. We handle energy in liquid, gas, and solid states, which provide consumers with light, heat and power. Our expansive energy portfolio includes liquefied natural gas (LNG), crude oil, petroleum products, liquefied petroleum gas (LPG), petroleum coke, metallurgical coke and carbon products.

Our business model seeks to cover areas ranging from upstream to downstream in the energy value chain. We explore, develop and produce oil and gas, and have investments in LNG projects. We import and trade trilaterally, and we have interests in domestic trading and retail businesses. Our group is taking measures to use energy more effectively and at the same time protect the natural environment. We are proactively working on new energy businesses such as gas-to-liquid (GTL) and bio fuels are cases in point.

Main Overseas Projects of the Energy Business Group

LNG Value Chain

Petroleum and Oil Products Stored at Onahama Petroleum Co. in Fukushima, Japan.
Inside an anode baking plant of MC Zhenjiang Anode Solutions Co., Ltd., a manufacturing joint venture situated in Jiangsu province, China.
Natural gas development and production site in the Kangean Exploration Blocks, located offshore East Java, Indonesia.

Business Investments