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, 14 September 11
GOVT SETS SEPTEMBER COAL REFERENCE PRICE AT $116.26 PER TON
COALspot.com - Ministry of Energy and Mineral Resources of Indonesia has set the September 2011 coal reference price at US$ 116.26 per ton slightly ...


Tuesday, 13 September 11
CAPITAL COSTS OF INDIAN COAL MINING PROJECT - AN ANALYST VIEW
By Mr Dipesh Dipu, Director - Consulting (Mining), Deloitte Touche Tohmatsu India Private Limited The coal mining sector that has been opened par ...


Tuesday, 13 September 11
INDONESIAS COAL SECTOR EYES 2012 BOOM - JG
The Jakarta Globe, Indonesian English language News paper reported that, Coal production is set to surge next year as coal miners bolster their busi ...


Tuesday, 13 September 11
DRY BULK RALLY MAINTAINS MOMENTUM AT START OF THE WEEK - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market kept its upward momentum at the start of the week, as the industry’s benchmark, the Baltic Dry Index (BDI) was up by 2.07% ...


Monday, 12 September 11
INDONESIAN GOVERNMENT HAS ALLOCATED MORE COAL FOR 2012
COALspot.com - Indonesian government has increased the domestic market obligation allocation to 82.07 million tons of coal for 2012, which is 4 perc ...


   1016 1017 1018 1019 1020   
Showing 5086 to 5090 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 ...

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