COALspot.com keeps you connected across the coal world

Submit Your Articles
We welcome article submissions from experts in the areas of coal, mining, shipping, etc.

To Submit your article please click here.

International Energy Events


Search News
Latest CoalNews Headlines
Thursday, 30 April 09
SAN MIGUEL IN TALKS TO BUY STAKE IN ADARO - REUTERS


San Miguel Corp is in talks to buy a stake worth about $500 million in Adaro Energy , Indonesia's largest coal producer by market value, the Philippine conglomerate's president said on Wednesday.

It will be the second time that San Miguel has attempted to buy a stake in an Indonesian coal firm, after earlier talks to take a majority stake in the Southeast Asian country's top miner PT Bumi Resources  fizzled out.

"Yes, in talks with Goldman," San Miguel president Ramon Ang told Reuters when asked if Southeast Asia's biggest food and beverage firm was among possible buyers of the stake up for sale in Adaro.

Ang declined to say how big a stake San Miguel plans to buy.

Goldman Sachs, Citigroup and hedge fund Farallon were looking to sell around 17 percent of Adaro Energy to strategic investors, sources told Reuters earlier this month.

The sale was expected after a lockup period ended in March for financial sponsors, which included the three financial groups, which had participated in Adaro's $1.3 billion initial public offering last year, analysts had said.

Goldman Sachs, with a 9.94 percent stake in Adaro, is coordinating the sale of the shares, one source with direct knowledge of the matter said two weeks ago.

Goldman Sachs was adviser to San Miguel in the Manila-based conglomerate's ambitious diversification plan, which resulted in San Miguel's purchase of 27 percent of utility Manila Electric Co  last year, a planned telecommunications venture, and a pending purchase of majority of oil refiner Petron Corp.

San Miguel is diversifying away from its traditional food and beverage business to fuel future growth.

Analysts said investors may want to sell out of Adaro given the uncertainty over coal prices amid an economic downturn.

Source: http://in.reuters.com/article/innovationNews/idINTRE53S47R20090429?sp=true



If you believe an article violates your rights or the rights of others, please contact us.

Recent News

Wednesday, 26 October 11
PWCS GLOBAL SHIPPING BENCHMARKING ANALYSIS: RECOVERY IN 2010 BUT GREAT UNCERTAINLY FOR 2011
The recovery of global trade in 2010 to the same levels as 2008 led to an improvement in the overall performance of shipping companies in 2010 compa ...


Wednesday, 26 October 11
INDIAN MARKET WAS REMAINED TIGHT THE WHOLE LAST WEEK - BRS
The market once more seems to be at a crossroads. The indices last week remained fairly stable (except for the Panamax sector), ending the week as f ...


Tuesday, 25 October 11
DRY BULK MARKET STEADY, ANALYSTS LOOKING FOR ADDED PRESSURE ON THE MARKET - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market was unchanged on Monday, with the industry’s benchmark, the BDI (Baltic Dry Index) ending the session at 2,153 points, exa ...


Monday, 24 October 11
NEW HEAD OF INDONESIA'S MINING MINISTRY GETS RAKED OVER THE COALS - JOSEPH KIRSCHKE
COALspot.com - Following Indonesia’s presidential cabinet shakeup last week, many are questioning the qualifications of Energy and Mineral Res ...


Monday, 24 October 11
CHINA QINHUANGDAO COAL PRICE RISES TO HIGHEST IN THREE YEARS - BUSINESSWEEK
Business week reported that, China’s power-station coal price rose to the highest level in three years as power stations and central heating p ...


   1001 1002 1003 1004 1005   
Showing 5011 to 5015 news of total 6871
News by Category
Popular News
 
Total Members : 28,694
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

  • VISA Power Limited - India
  • Borneo Indobara - Indonesia
  • BNP Paribas - Singapore
  • BRS Brokers - Singapore
  • Cigading International Bulk Terminal - Indonesia
  • Bukit Asam (Persero) Tbk - Indonesia
  • Geoservices-GeoAssay Lab
  • Minerals Council of Australia
  • Thomson Reuters GRC
  • San Jose City I Power Corp, Philippines
  • Kobexindo Tractors - Indoneisa
  • Parliament of New Zealand
  • Makarim & Taira - Indonesia
  • Singapore Mercantile Exchange
  • Directorate Of Revenue Intelligence - India
  • Bukit Baiduri Energy - Indonesia
  • Grasim Industreis Ltd - India
  • Billiton Holdings Pty Ltd - Australia
  • Filglen & Citicon Mining (HK) Ltd - Hong Kong
  • Energy Link Ltd, New Zealand
  • Siam City Cement - Thailand
  • The University of Queensland
  • Shree Cement - India
  • Marubeni Corporation - India
  • Rashtriya Ispat Nigam Limited - India
  • SRK Consulting
  • CESC Limited - India
  • Bangkok Bank PCL
  • SGS (Thailand) Limited
  • GAC Shipping (India) Pvt Ltd
  • U S Energy Resources
  • Inco-Indonesia
  • Renaissance Capital - South Africa
  • SMG Consultants - Indonesia
  • Sical Logistics Limited - India
  • Globalindo Alam Lestari - Indonesia
  • Fearnleys - India
  • Core Mineral Indonesia
  • Mercuria Energy - Indonesia
  • Maybank - Singapore
  • NTPC Limited - India
  • Idemitsu - Japan
  • Coal Orbis AG
  • Credit Suisse - India
  • Uttam Galva Steels Limited - India
  • Intertek Mineral Services - Indonesia
  • Banpu Public Company Limited - Thailand
  • Asian Development Bank
  • Bhoruka Overseas - Indonesia
  • bp singapore
  • World Coal - UK
  • Medco Energi Mining Internasional
  • Merrill Lynch Bank
  • Bulk Trading Sa - Switzerland
  • European Bulk Services B.V. - Netherlands
  • Salva Resources Pvt Ltd - India
  • Orica Mining Services - Indonesia
  • Indonesia Power. PT
  • Qatrana Cement - Jordan
  • Adaro Indonesia
  • Chamber of Mines of South Africa
  • KOWEPO - South Korea
  • Coal and Oil Company - UAE
  • TANGEDCO India
  • Star Paper Mills Limited - India
  • Altura Mining Limited, Indonesia
  • Holcim Trading Pte Ltd - Singapore
  • SUEK AG - Indonesia
  • Karaikal Port Pvt Ltd - India
  • Barclays Capital - USA
  • TNPL - India
  • London Commodity Brokers - England
  • Ambuja Cements Ltd - India
  • Gupta Coal India Ltd
  • GNFC Limited - India
  • The India Cements Ltd
  • PetroVietnam
  • Indian Oil Corporation Limited
  • OPG Power Generation Pvt Ltd - India
  • Larsen & Toubro Limited - India
  • Vedanta Resources Plc - India
  • Kartika Selabumi Mining - Indonesia
  • PLN Batubara - Indonesia
  • PNOC Exploration Corporation - Philippines
  • South Luzon Thermal Energy Corporation
  • PowerSource Philippines DevCo
  • Maheswari Brothers Coal Limited - India
  • Rio Tinto Coal - Australia
  • Tamil Nadu electricity Board
  • Essar Steel Hazira Ltd - India
  • JPower - Japan
  • Kepco SPC Power Corporation, Philippines
  • Attock Cement Pakistan Limited
  • Romanian Commodities Exchange
  • RBS Sempra - UK
  • Economic Council, Georgia
  • ICICI Bank Limited - India
  • Xindia Steels Limited - India
  • Simpson Spence & Young - Indonesia
  • Total Coal South Africa
  • Samsung - South Korea
  • DBS Bank - Singapore
  • Jindal Steel & Power Ltd - India
  • Vale Mozambique
  • Infraline Energy - India
  • UOB Asia (HK) Ltd
  • Manunggal Multi Energi - Indonesia
  • Central Electricity Authority - India
  • Global Business Power Corporation, Philippines
  • Tata Chemicals Ltd - India
  • Ind-Barath Power Infra Limited - India
  • Wilmar Investment Holdings
  • Orica Australia Pty. Ltd.
  • EIA - United States
  • Ceylon Electricity Board - Sri Lanka
  • Bank of China, Malaysia
  • Petron Corporation, Philippines
  • CNBM International Corporation - China
  • Wood Mackenzie - Singapore
  • Antam Resourcindo - Indonesia
  • India Bulls Power Limited - India
  • Meralco Power Generation, Philippines
  • APGENCO India
  • GB Group - China
  • Malco - India
  • Noble Europe Ltd - UK
  • Karbindo Abesyapradhi - Indoneisa
  • Kaltim Prima Coal - Indonesia
  • Lafarge - France
  • MS Steel International - UAE
  • Maruti Cements - India
  • GVK Power & Infra Limited - India
  • Maersk Broker
  • Jaiprakash Power Ventures ltd
  • SN Aboitiz Power Inc, Philippines
  • PTC India Limited - India
  • Surastha Cement
  • Latin American Coal - Colombia
  • Coeclerici Indonesia
  • JPMorgan - India
  • IOL Indonesia
  • Thiess Contractors Indonesia
  • Dr Ramakrishna Prasad Power Pvt Ltd - India
  • Dong Bac Coal Mineral Investment Coporation - Vietnam
  • Iligan Light & Power Inc, Philippines
  • Deutsche Bank - India
  • Tata Power - India
  • GN Power Mariveles Coal Plant, Philippines
  • IBC Asia (S) Pte Ltd
  • Sindya Power Generating Company Private Ltd
  • Gujarat Mineral Development Corp Ltd - India
  • Coastal Gujarat Power Limited - India
  • Timah Investasi Mineral - Indoneisa
  • Power Finance Corporation Ltd., India
  • Barasentosa Lestari - Indonesia
  • Trasteel International SA, Italy
  • Shenhua Group - China
  • Kideco Jaya Agung - Indonesia
  • Eastern Coal Council - USA
  • Rudhra Energy - India
  • OCBC - Singapore
  • Chettinad Cement Corporation Ltd - India
  • Straits Asia Resources Limited - Singapore
  • Kohat Cement Company Ltd. - Pakistan
  • TGV SRAAC LIMITED, India
  • Lanco Infratech Ltd - India
  • Savvy Resources Ltd - HongKong
  • Asia Cement - Taiwan
  • KPCL - India
  • Mitra SK Pvt Ltd - India
  • Global Green Power PLC Corporation, Philippines
  • Pinang Coal Indonesia
  • Moodys - Singapore
  • Global Coal Blending Company Limited - Australia
  • Clarksons - UK
  • Britmindo - Indonesia
  • Australian Commodity Traders Exchange
  • EMO - The Netherlands
  • Posco Energy - South Korea
  • Malabar Cements Ltd - India
  • Semirara Mining and Power Corporation, Philippines
  • Runge Indonesia
  • Aboitiz Power Corporation - Philippines
  • Vitol - Bahrain
  • Metalloyd Limited - United Kingdom
  • Miang Besar Coal Terminal - Indonesia
  • Glencore India Pvt. Ltd
  • Inspectorate - India
  • AsiaOL BioFuels Corp., Philippines
  • Dalmia Cement Bharat India
  • PLN - Indonesia
  • World Bank
  • Directorate General of MIneral and Coal - Indonesia
  • Port Waratah Coal Services - Australia
  • Petrosea - Indonesia
  • Arutmin Indonesia
  • Cargill India Pvt Ltd
  • J M Baxi & Co - India
  • TRAFIGURA, South Korea
  • UBS Singapore
  • Argus Media - Singapore
  • NALCO India
  • Georgia Ports Authority, United States
  • Toyota Tsusho Corporation, Japan
  • Australian Coal Association
  • Asmin Koalindo Tuhup - Indonesia
  • Energy Development Corp, Philippines
  • Humpuss - Indonesia
  • Baramulti Group, Indonesia
  • Japan Coal Energy Center
  • Mitsubishi Corporation
  • ING Bank NV - Singapore
  • MEC Coal - Indonesia
  • Edison Trading Spa - Italy
  • Therma Luzon, Inc, Philippines
  • Panama Canal Authority
  • Carbofer General Trading SA - India
  • Bukit Makmur.PT - Indonesia
  • Vijayanagar Sugar Pvt Ltd - India
  • Berau Coal - Indonesia
  • TeaM Sual Corporation - Philippines
  • Sojitz Corporation - Japan
  • CCIC - Indonesia
  • ETA - Dubai
  • Russian Coal LLC
  • Indika Energy - Indonesia
  • Bank of Tokyo Mitsubishi UFJ Ltd
  • Cosco
  • KEPCO - South Korea
  • IEA Clean Coal Centre - UK
  • Asia Pacific Energy Resources Ventures Inc, Philippines
  • Kalimantan Lumbung Energi - Indonesia
  • Bhatia International Limited - India
  • Commonwealth Bank - Australia
  • CoalTek, United States
  • ANZ Bank - Australia
  • Coaltrans Conferences
  • Xstrata Coal
  • Gresik Semen - Indonesia
  • Mechel - Russia
  • Heidelberg Cement - Germany
  • Freeport Indonesia
  • Bhushan Steel Limited - India
  • Coalindo Energy - Indonesia
  • Semirara Mining Corp, Philippines
  • Sakthi Sugars Limited - India
  • GMR Energy Limited - India
  • Bharathi Cement Corporation - India
  • Gujarat Electricity Regulatory Commission - India
  • ASAPP Information Group - India
  • LBH Netherlands Bv - Netherlands
  • CIMB Investment Bank - Malaysia
  • Sucofindo - Indonesia
  • Permata Bank - Indonesia
  • Binh Thuan Hamico - Vietnam
  • Jatenergy - Australia
  • Mintek Dendrill Indonesia
  • Bahari Cakrawala Sebuku - Indonesia
  • ACC Limited - India
  • Platou - Singapore
  • IHS Mccloskey Coal Group - USA
  • Petrochimia International Co. Ltd.- Taiwan
  • International Coal Ventures Pvt Ltd - India
  • Videocon Industries ltd - India
  • Planning Commission, India
  • Independent Power Producers Association of India
  • Cebu Energy, Philippines
  • Indonesian Coal Mining Association
  • McKinsey & Co - India
  • GHCL Limited - India
  • Bangladesh Power Developement Board
  • White Energy Company Limited
  • Merrill Lynch Commodities Europe
  • Formosa Plastics Group - Taiwan
  • Agrawal Coal Company - India
  • SASOL - South Africa
  • Indian School of Mines
  • SMC Global Power, Philippines
  • Krishnapatnam Port Company Ltd. - India
  • Meenaskhi Energy Private Limited - India
  • Bayan Resources Tbk. - Indonesia
  • Truba Alam Manunggal Engineering.Tbk - Indonesia
  • Tanito Harum - Indonesia
  • Thailand Anthracite
  • Platts
  • Electricity Generating Authority of Thailand
  • Jorong Barutama Greston.PT - Indonesia
  • Ministry of Mines - Canada
  • Standard Chartered Bank - UAE
  • WorleyParsons
  • Interocean Group of Companies - India
  • Mitsui
  • HSBC - Hong Kong
  • Kobe Steel Ltd - Japan
  • Enel Italy
  • Vizag Seaport Private Limited - India
  • Indo Tambangraya Megah - Indonesia
  • IMC Shipping - Singapore
  • KPMG - USA
  • Reliance Power - India
  • Coal India Limited
  • Ministry of Finance - Indonesia
  • The State Trading Corporation of India Ltd
  • Arch Coal - USA
  • Indian Energy Exchange, India
  • Deloitte Consulting - India
  • Indorama - Singapore
  • Kapuas Tunggal Persada - Indonesia
  • Leighton Contractors Pty Ltd - Australia
  • The Treasury - Australian Government
  • Aditya Birla Group - India
  • Africa Commodities Group - South Africa
  • Thai Mozambique Logistica
  • Madhucon Powers Ltd - India
  • Gujarat Sidhee Cement - India
  • TNB Fuel Sdn Bhd - Malaysia
  • New Zealand Coal & Carbon
  • Anglo American - United Kingdom
  • Riau Bara Harum - Indonesia
  • Thermax Limited - India
  • Pendopo Energi Batubara - Indonesia
  • Mercator Lines Limited - India
  • Cement Manufacturers Association - India
  • Bank of America
  • Oldendorff Carriers - Singapore
  • globalCOAL - UK
  • Thriveni
  • Cemex - Philippines
  • Samtan Co., Ltd - South Korea
  • Alfred C Toepfer International GmbH - Germany
  • Siam City Cement PLC, Thailand
  • Sinarmas Energy and Mining - Indonesia
  • Ince & co LLP
  • Peabody Energy - USA
  • Goldman Sachs - Singapore
  • McConnell Dowell - Australia
  • Sarangani Energy Corporation, Philippines
  • Ministry of Transport, Egypt
  • Offshore Bulk Terminal Pte Ltd, Singapore
  • Electricity Authority, New Zealand
  • Indogreen Group - Indonesia
  • PetroVietnam Power Coal Import and Supply Company
  • Mjunction Services Limited - India
  • Central Java Power - Indonesia
  • Parry Sugars Refinery, India
  • Neyveli Lignite Corporation Ltd, - India
  • Adani Power Ltd - India
  • Eastern Energy - Thailand
  • Price Waterhouse Coopers - Russia
  • Sree Jayajothi Cements Limited - India
  • Maharashtra Electricity Regulatory Commission - India
  • Kumho Petrochemical, South Korea
  • Pipit Mutiara Jaya. PT, Indonesia
  • Ernst & Young Pvt. Ltd.
  • Cardiff University - UK