Marubeni Corporation announced consolidated earnings results for the year ended March 31, 2013. For the year, total volume of trading transaction were JPY 10,509,088 million, operating profit was JPY 122,932 million, income before income taxes and non controlling interests was JPY 247,543 million and net income attributable to the company was JPY 205,696 million or JPY 118.3 per share against total volume of trading transaction of JPY 10,584,393 million, operating profit of JPY 157,315 million, income before income taxes and non controlling interests of JPY 260,983 million and net income attributable to the company of JPY 172,125 million or JPY 99.13 per share for the same period a year ago. Revenue was JPY 4,861,311 million against JPY 4,390,353 million a year ago. ROE was 20.7% against 21.2% a year ago. ROA was 4.5% against 5.3% a year ago. Cash flow from operating activities was JPY 295,734 million against JPY 172,599 million a year ago. The company provides earnings guidance for the fiscal year ending 2014. For the fiscal year 2014, the company expects total volume of trading transaction of JPY 13,700,000 million, operating profit of JPY 175,000 million, income before income taxes of JPY 280,000 million and net income attributable to the company of JPY 210,000 million or JPY 120.97 per share.

Marubeni Corporation announced fourth quarter dividend of JPY 12 per share and annual dividend of JPY 24 per share for the year ended March 31, 2013. The company projects second quarter of 2014 dividend of 12.50 per share, fourth quarter of 2014 dividend of JPY 12.50 per share and annual dividend of JPY 25 per share for the year ended March 31, 2014.

Qatar Petroleum signed a Joint Venture Agreement with Total, Idemitsu, Cosmo, Marubeni and Mitsui for the new Laffan Refinery 2 (LR2) Project. Under the agreement, the LR2 ownership structure will be composed of QP (84%), Total (10%), Idemitsu (2%), Cosmo (2%), Marubeni (1%) and Mitsui (1%). The new LR2 condensate refinery is similar to the first Laffan Refinery (LR1) with a similar processing capacity of 146,000 barrels per day. It will be operated by Qatargas Operating Company Limited (Qatargas) and will have a daily production capacity of 60,000 barrels of naphtha, 53,000 barrels of jet fuel, 24,000 barrels of gasoil, and 9,000 barrels of liquefied petroleum gas (LPG). The project's total cost is estimated at USD 1.5 billion, and its construction is expected to be completed in the second half of 2016.