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, 02 February 11
BAYAN TO SUPPLY COAL TO TP UTILITIES LTD
Insider Stories has reportd that, Indonesia's one of the leading coal miner PT Bayan Resources Tbk (BYAN) owned by businessman Dato' Low Tuck ...


Wednesday, 02 February 11
HUGE TONNAGE OVERSUPPLY LOOMING FOR DRY BULK MARKET - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
With the dry bulk market taking another dive yesterday, to just over 1,000 points (1,084), losing more than 2% on the day, it’s more than obvi ...


Monday, 31 January 11
S. SUMATRA COAL RAILWAY TO BE COMPLETED ON SCHEDULE - THE JAKARTA POST
The Jakarta Post reported that, despite land acquisition problems, state coal mining company PT Bukit Asam is upbeat that the development of a railw ...


Monday, 31 January 11
COAL MINER PTBA TO DRIVE OUTPUT WITH ACQUISITIONS - THE JAKARTA GLOBE
The Jakarta Globe reported that, State coal company Perusahaan Tambang Batubara Bukit Asam said its output would increase 34 percent to 17.6 million ...


Saturday, 29 January 11
PRESSURE ON SHIPPING MARKET MAY CONTINUE UNTIL MID FEBRUARY 2011
COALspot.com - The BDI continues to drop and saw a drop of about 5 pct this week closing at 1370 points. In  May 2010 the BDI touched 4,209 ...


   1079 1080 1081 1082 1083   
Showing 5401 to 5405 news of total 6871
News by Category
Popular News
 
Total Members : 28,691
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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