Mitsui & Co stock: Malaysia CCS venture nears key milestones

Published on 11/02/2026 at 16:01 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Mitsui & Co stock is linked to a Malaysia carbon-storage venture with PETRONAS and TotalEnergies. Results are due on November 4.

Project milestone meets earnings date

Mitsui signed a Malaysia carbon-storage joint venture with PETRONAS and TotalEnergies.
The first phase targets a depleted offshore gas field, with injection planned as early as 2031.
Mitsui is scheduled to report results for the six months ended September 30 on November 4.

Mitsui-Soko, JP3893600001, Illustration mit AI erstellt.

Mitsui & Co is moving toward a new offshore carbon-storage venture in Malaysia, while its next earnings release is approaching. The project agreement was signed on October 23 by PETRONAS CCS Ventures, TotalEnergies EP CCS Malaysia and Mitsui, according to The Edge Malaysia.

At 15:40:30 CET on Monday, November 2, 2026, Mitsui & Co stock traded at 27.88 euros on Lang & Schwarz. Investors can follow the real-time quote of Mitsui & Co stock.

Malaysia project advances toward FID

The agreement provides a framework for a dedicated joint venture company to develop, commercialize and operate carbon-storage areas offshore Peninsular Malaysia. The first phase targets a depleted gas field with expected injection capacity of up to five million tonnes per year, with first injection targeted as early as 2031.

The project builds on development studies from 2023 and a 2025 agreement that laid the groundwork for front-end engineering and design activities. The partners are now advancing the project's technical and commercial maturity before a final investment decision. PETRONAS said the Southern Carbon Capture and Storage Hub could receive carbon dioxide from domestic and regional sources, including potential cross-border shipments.

Results are next near-term catalyst

Mitsui's investor-relations calendar schedules the announcement of results for the six-month period ended September 30, 2026, for Wednesday, November 4, at noon Japan time. The release will give investors a nearer-term update on the trading house's performance before the CCS project reaches an investment decision.