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

Friday, 27 November 09
BHP SEEKS VARIABLE COKING COAL PRICE IN JAPAN, NIKKEI SAYS
Bloomberg reproted that, BHP Billiton Ltd. has asked Japanese steelmakers to move to pricing of coking coal linked to spot rates rather than negotia ...


Friday, 27 November 09
EXXARO SEES HIGH COAL DEMAND RAISING PRICES
Reuters reported that, South African diversified miner Exxaro Resources said on Thursday it expected coal prices to rise to between $70 and $75 per ...


Friday, 27 November 09
CENTENNIAL SAYS ENERGY-COAL PRICE TO RISE AS CHINA SEEKS FUEL
Bloomberg reported that, Centennial Coal Co., an Australian producer of the fuel, said contract prices are expected to rise in 2010, with Chinese co ...


Friday, 27 November 09
IN FIRST-10-MONTH OF 2009 COAL IMPORTS IN GUANGXI-FANGCHENG EXCEEDED FULL-2008 IMPORTS
According to Customs statistics, during the January-October, Fangcheng port accumulatively imported 3.676mln tons valuing U.S.$370, rising by 53.8% ...


Thursday, 26 November 09
CHINA'S COAL IMPORTS TO RISE BY 170 PERCENT IN 2009
According to the statistics released by China's General Administration of Customs on November 23, China's coal imports for October totaled 11.1 mi ...


   1243 1244 1245 1246 1247   
Showing 6221 to 6225 news of total 6871
News by Category
Popular News
 
Total Members : 28,635
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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