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

Friday, 05 August 11
RIO TINTO SIGNS MOU WITH JINDAL STEEL AND POWER ON ADVANCING HISMELT TECHNOLOGY
Press Release  - Rio Tinto has signed a Memorandum of Understanding (MoU) with Jindal Steel and Power Limited (JSPL) to take the next step in g ...


Friday, 05 August 11
THE WORLDS LARGEST COAL MINER TO INVEST IN INDO MINES
COALspot.com - Golden Energy Mines (GEMS) might go for initial public offering (IPO) by the end of September 2011. The company is planning to off lo ...


Friday, 05 August 11
DRY BULK MARKET FINALLY TAKES A BREATHER - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market at last caught a break mid-week after a constant fall which saw the industry’s benchmark, the BDI (Baltic Dry Index) falli ...


Thursday, 04 August 11
THE HBA CONTINUES TO FALL IN AUGUST
COALspot.com - Ministry of Energy and Mineral Resources of Indonesia has set the August 2011 coal reference price at US$ 117.21 per ton slightly low ...


Wednesday, 03 August 11
DEWA RETURNS TO US$2.65 MIO NET PROFIT - INSIDER STORIES
Coal mining contractor PT Darma Henwa Tbk (DEWA), that most of its revenue is contributed by Kaltim Prima Coal and Arutmin Indonesia, returned to ne ...


   1030 1031 1032 1033 1034   
Showing 5156 to 5160 news of total 6871
News by Category
Popular News
 
Total Members : 28,692
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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