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

Thursday, 13 May 10
CHINA CONCERNS TO TEST RAW MINERALS - THE AUSTRALIAN
The Australian reported that, COMMODITY prices will remain volatile and drop from recent highs as China's appetite for raw materials softens. James ...


Thursday, 13 May 10
ACTIVITY ON WEST COAST INDIA IS SLOWING - FEARNLEYS AS
DRY BULK CHARTERING Handy Atlantic markets remain firm but more for end May/beg June dates as there seems to be more enquiries for those dates. ...


Thursday, 13 May 10
DRY BULK SHIP OWNERS CHEERFUL AMID MARKET RALLY
China’s appetite for raw materials like iron ore and coal, as well as a series of added factors are boosting demand for dry bulk carriers, hel ...


Wednesday, 12 May 10
BANPU'S Q1 PROFIT SLIDES 43% TO B2.71BN - BANGKOK POST
The Bangkokpost reported that, Banpu Plc posted a first-quarter net profit of 2.71 billion baht, down by 43% from the same period last year. The ...


Tuesday, 11 May 10
DALRYMPLE BAY COAL EXPORTS HIGHEST SINCE JULY; NEWCASTLE FALLS - BLOOMBERG
Bloomberg reported that, Coal shipments from Australia’s Dalrymple Bay terminal in Queensland state rose to the highest in nine months in Apri ...


   1167 1168 1169 1170 1171   
Showing 5841 to 5845 news of total 6871
News by Category
Popular News
 
Total Members : 28,662
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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