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, 10 June 11
DRY BULK ON RETREAT MODE - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
This week has offered dry bulk ship owners no real reason to smile, as the industry’s benchmarket, the Baltic Dry Index (BDI) has been steadil ...


Thursday, 09 June 11
INDIKA AIMS TO PRODUCE 31 MILLION TONS OF COAL IN 2011 - THE JAKARTA POST
The Jakarta Post, a leading English news paper in Indonesia reported that, PT Indika Energy Tbk, an integrated energy company, is targeting to incre ...


Wednesday, 08 June 11
BAYAN TO DISTRIBUTE RP. 80 ( APPROX. US$ 0.00939850) PER SHARE DIVIDEND
Coal miner PT Bayan Resources Tbk (BYAN), that is controlled by business Dato' Low Tuck Kwong, will distribute Rp80 a share dividend or Rp266.7 bil ...


Wednesday, 08 June 11
CBM PRODUCTION FROM AUSTRALIA, CHINA, INDIA, AND INDONESIA IS EXPECTED TO WITNESS A SIGNIFICANT INCREASE BY 2015
Press Release - According to Global Data (December 2010), CBM production in Australia, China, India, and Indonesia is expected to witness a signific ...


Sunday, 05 June 11
COAL IMPORTS BY CHINA IS LIKELY TO INCREASE - VISTAAR SINGAPORE
COALspot.com - The freight market softened this week except for the BDI and Cape index was up, but even in these sectors the momentum was compared t ...


   1046 1047 1048 1049 1050   
Showing 5236 to 5240 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 ...

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