We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
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.
|
|
Wednesday, 13 April 11
CAPESIZE VESSELS ARE DELIVERED AT A PACE OF ONE NEW VESSEL EVERY SECOND DAY - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
In a clear sign that it will take a significant rise in global seaborne dry bulk trade in order to be able to absorb the flurry of new building tonn ...
Sunday, 10 April 11
SOFT FREIGHT MARKET TREND LIKELY TO BE CONTINUED - VISTAAR SHIPPING
COALspot.com - The freight market continued to soften further with the BDI breaking the 1,500 points and closing at 1376 points down by almost 10 pc ...
Thursday, 07 April 11
HANDY RATES SLIDING NOW - FEARNBULK
Handy
Slowly softening rates as more tonnage is accumulating in the Atlantic basin.The trans-Atlantic round is around $15k pd with trips to ...
Thursday, 07 April 11
DRY BULK MARKET PLUNGING EVEN FURTHER ON LOW CARGO DEMAND - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market has continued its falling pattern this week, with every day proving to be painful for ship owners, especially those of the large ...
Thursday, 07 April 11
INDIKA BUYS MITRABAHTERA AT US$ 0.183
PT Indika Energy Tbk (INDY), integrated energy company, today has exercised an option agreement to acquire 51% shareholding in newly listed coal tug ...
|
|
|
Showing 5311 to 5315 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Bukit Asam (Persero) Tbk - Indonesia
- Global Business Power Corporation, Philippines
- Manunggal Multi Energi - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Miang Besar Coal Terminal - Indonesia
- Renaissance Capital - South Africa
- Carbofer General Trading SA - India
- Ministry of Transport, Egypt
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Directorate Of Revenue Intelligence - India
- Chamber of Mines of South Africa
- Xindia Steels Limited - India
- Indika Energy - Indonesia
- GVK Power & Infra Limited - India
- Borneo Indobara - Indonesia
- Jaiprakash Power Ventures ltd
- Power Finance Corporation Ltd., India
- Grasim Industreis Ltd - India
- Bhatia International Limited - India
- Sarangani Energy Corporation, Philippines
- Bukit Makmur.PT - Indonesia
- Kartika Selabumi Mining - Indonesia
- Economic Council, Georgia
- Kepco SPC Power Corporation, Philippines
- Energy Development Corp, Philippines
- Larsen & Toubro Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Vijayanagar Sugar Pvt Ltd - India
- Bayan Resources Tbk. - Indonesia
- Commonwealth Bank - Australia
- Rio Tinto Coal - Australia
- Holcim Trading Pte Ltd - Singapore
- Videocon Industries ltd - India
- ASAPP Information Group - India
- Samtan Co., Ltd - South Korea
- Malabar Cements Ltd - India
- Interocean Group of Companies - India
- The State Trading Corporation of India Ltd
- Sojitz Corporation - Japan
- Orica Mining Services - Indonesia
- Eastern Coal Council - USA
- Essar Steel Hazira Ltd - India
- The University of Queensland
- Savvy Resources Ltd - HongKong
- Kumho Petrochemical, South Korea
- Indian Energy Exchange, India
- Bangladesh Power Developement Board
- Singapore Mercantile Exchange
- Semirara Mining and Power Corporation, Philippines
- Gujarat Mineral Development Corp Ltd - India
- Ind-Barath Power Infra Limited - India
- Ministry of Mines - Canada
- Port Waratah Coal Services - Australia
- Lanco Infratech Ltd - India
- PowerSource Philippines DevCo
- Mintek Dendrill Indonesia
- Romanian Commodities Exchange
- Salva Resources Pvt Ltd - India
- White Energy Company Limited
- Indogreen Group - Indonesia
- Standard Chartered Bank - UAE
- CIMB Investment Bank - Malaysia
- Krishnapatnam Port Company Ltd. - India
- Pendopo Energi Batubara - Indonesia
- Sree Jayajothi Cements Limited - India
- Georgia Ports Authority, United States
- Bulk Trading Sa - Switzerland
- Karaikal Port Pvt Ltd - India
- Sindya Power Generating Company Private Ltd
- MS Steel International - UAE
- Parliament of New Zealand
- Coastal Gujarat Power Limited - India
- SMC Global Power, Philippines
- New Zealand Coal & Carbon
- Africa Commodities Group - South Africa
- Indo Tambangraya Megah - Indonesia
- Bharathi Cement Corporation - India
- Neyveli Lignite Corporation Ltd, - India
- Australian Commodity Traders Exchange
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Edison Trading Spa - Italy
- Formosa Plastics Group - Taiwan
- Altura Mining Limited, Indonesia
- Therma Luzon, Inc, Philippines
- Barasentosa Lestari - Indonesia
- Bhoruka Overseas - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Simpson Spence & Young - Indonesia
- Goldman Sachs - Singapore
- Kobexindo Tractors - Indoneisa
- Australian Coal Association
- Indonesian Coal Mining Association
- Binh Thuan Hamico - Vietnam
- South Luzon Thermal Energy Corporation
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Medco Energi Mining Internasional
- Gujarat Electricity Regulatory Commission - India
- Central Electricity Authority - India
- India Bulls Power Limited - India
- Ministry of Finance - Indonesia
- Electricity Authority, New Zealand
- Siam City Cement PLC, Thailand
- Directorate General of MIneral and Coal - Indonesia
- Meenaskhi Energy Private Limited - India
- IEA Clean Coal Centre - UK
- Sinarmas Energy and Mining - Indonesia
- Madhucon Powers Ltd - India
- Wood Mackenzie - Singapore
- Kalimantan Lumbung Energi - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Marubeni Corporation - India
- Billiton Holdings Pty Ltd - Australia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Electricity Generating Authority of Thailand
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Agrawal Coal Company - India
- IHS Mccloskey Coal Group - USA
- Coalindo Energy - Indonesia
- Oldendorff Carriers - Singapore
- Vizag Seaport Private Limited - India
- Orica Australia Pty. Ltd.
- GAC Shipping (India) Pvt Ltd
- Maheswari Brothers Coal Limited - India
- Posco Energy - South Korea
- International Coal Ventures Pvt Ltd - India
- Petron Corporation, Philippines
- European Bulk Services B.V. - Netherlands
- McConnell Dowell - Australia
- Metalloyd Limited - United Kingdom
- Anglo American - United Kingdom
- Planning Commission, India
- Toyota Tsusho Corporation, Japan
- Intertek Mineral Services - Indonesia
- Jindal Steel & Power Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Tata Chemicals Ltd - India
- Chettinad Cement Corporation Ltd - India
- Thiess Contractors Indonesia
- Baramulti Group, Indonesia
- OPG Power Generation Pvt Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Price Waterhouse Coopers - Russia
- Kaltim Prima Coal - Indonesia
- Dalmia Cement Bharat India
- Heidelberg Cement - Germany
- AsiaOL BioFuels Corp., Philippines
- TNB Fuel Sdn Bhd - Malaysia
- PTC India Limited - India
- Sical Logistics Limited - India
- ICICI Bank Limited - India
- Siam City Cement - Thailand
- GMR Energy Limited - India
- Aditya Birla Group - India
- Meralco Power Generation, Philippines
- Global Green Power PLC Corporation, Philippines
- Bhushan Steel Limited - India
- Timah Investasi Mineral - Indoneisa
- Thai Mozambique Logistica
- Indian Oil Corporation Limited
- Antam Resourcindo - Indonesia
- TeaM Sual Corporation - Philippines
- Globalindo Alam Lestari - Indonesia
- Cement Manufacturers Association - India
- Rashtriya Ispat Nigam Limited - India
- Mjunction Services Limited - India
- Independent Power Producers Association of India
- Kohat Cement Company Ltd. - Pakistan
- Global Coal Blending Company Limited - Australia
- Eastern Energy - Thailand
- Latin American Coal - Colombia
- Makarim & Taira - Indonesia
- London Commodity Brokers - England
- Kideco Jaya Agung - Indonesia
- Wilmar Investment Holdings
- Ambuja Cements Ltd - India
- Sakthi Sugars Limited - India
- Attock Cement Pakistan Limited
- Deloitte Consulting - India
- VISA Power Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Semirara Mining Corp, Philippines
- Minerals Council of Australia
- The Treasury - Australian Government
- San Jose City I Power Corp, Philippines
- PNOC Exploration Corporation - Philippines
- Riau Bara Harum - Indonesia
- Tamil Nadu electricity Board
- LBH Netherlands Bv - Netherlands
- Mercator Lines Limited - India
- Trasteel International SA, Italy
- Straits Asia Resources Limited - Singapore
- Cigading International Bulk Terminal - Indonesia
- SN Aboitiz Power Inc, Philippines
- Coal and Oil Company - UAE
- Leighton Contractors Pty Ltd - Australia
- Bukit Baiduri Energy - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Aboitiz Power Corporation - Philippines
- Jorong Barutama Greston.PT - Indonesia
- Kapuas Tunggal Persada - Indonesia
- SMG Consultants - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Asmin Koalindo Tuhup - Indonesia
- Gujarat Sidhee Cement - India
- Iligan Light & Power Inc, Philippines
- Mercuria Energy - Indonesia
- Central Java Power - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Banpu Public Company Limited - Thailand
- Uttam Galva Steels Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Merrill Lynch Commodities Europe
- Parry Sugars Refinery, India
- Star Paper Mills Limited - India
- CNBM International Corporation - China
- Vedanta Resources Plc - India
- Energy Link Ltd, New Zealand
|
| |
| |
|
