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, 01 April 10
OWNERS WERE STILL BULLISH ON SHORT PERIOD NUMBERS, BUT CHARTERERS IN GENERAL WERE NOT READY TO PAY - BRS
SUPRA / HANDY  After several weeks of a rising market, the BSI lost 9% last week to close on Friday at US$ 27,677 per day for the TC routes. ...


Thursday, 01 April 10
PROFIT AT TWO INDONESIAN COAL MINERS SOARS AS RECOVERY STIRS GREATER DEMAND, HIGHER PRICES - THE JAKARTA GLOBE
The Jakarta Globe reported that, Two of the country’s biggest coal producers enjoyed a surge in profit last year as prices rose and demand pic ...


Thursday, 01 April 10
BHP BILLITON TO SELL STAKE IN MARUWAI TO ADARO - THE JAKARTA POST
The Jakarta Posted reported that, BHP Billiton has agreed to sell 25 percent of its stake in the Maruwai Coal Project in Kalimantan to Indonesia&rsq ...


Thursday, 01 April 10
AUSTRALIAN COAL PRODUCER REJECTS $3 BILLION PEABODY OFFER - STL TODAY
STL today reported that, Australian coal producer Macarthur Coal Ltd. rejected a $3 billion cash takeover bid from Peabody Energy Corp., which seeks ...


Thursday, 01 April 10
TATA POWER EYES MORE COAL FROM INDONESIA FOR ITS FUTURE PLANTS - FINANCIAL EXPRESS
Financial Expressreported that, Tata Power, one of the largest private sector power utilities in the country with interests in generation, transmiss ...


   1180 1181 1182 1183 1184   
Showing 5906 to 5910 news of total 6871
News by Category
Popular News
 
Total Members : 28,636
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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