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

Saturday, 13 March 10
OPTIMUM COAL AIMS TO RAISE R1,6 BILLION IN LISTING
All Africa reported that, COAL mining and exploration company Optimum Coal yesterday announced plans to list on the JSE at the end of the month ...


Thursday, 11 March 10
THE INDIAN MARKET WAS A BIT QUIET BUT STILL FIRM - FEARNLEYS AS
Handy - Atlantic activity has kept its firm tendency throughout the week for handies, with Atlantic RV´s fixed in the USD.16000 region. With s ...


Thursday, 11 March 10
COAL PRICES SET TO RISE AMID CONFUSION OVER QUARTERLY SYSTEM
Trading room reported that, Coal prices are tipped to rise in coming months amid constrained supply and ongoing Chinese demand, and analysts are con ...


Wednesday, 10 March 10
PROTECTED FORESTS NOW UP FOR GRABS FOR MINING
The Jakarta Post reported that, the government has just issued two new regulations on forests, which could allow protected forests to be used for co ...


Tuesday, 09 March 10
REGULATION NO.23 OF 2010 CONCERNING IMPLEMENTATION OF NEW MINING LAW, PROVIDES MORE CLARITY ON OBTAINING A IUP
COALspot.com: Indonesian government has recently issued another regulation related to Law number 4 of 2009 concerning mineral and coal mining. Two r ...


   1188 1189 1190 1191 1192   
Showing 5946 to 5950 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 ...

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