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

Tuesday, 20 October 09
RECAPITAL SET TO BUY INDONESIA'S BERAU COAL - SOURCES
* COULD PAY AT LEAST $1.3 BLN FOR BERAU - SOURCES * RECAPITAL CONFIRMS IT HAS BID FOR BERAU * BAKRIE GROUP LIKELY TO BACK BID – SOURCES ...


Tuesday, 20 October 09
COAL PRICES TO SURGE IN 2010 DESPITE AMPLE SUPPLY
Commodity Online reported that, Coal prices are indeed destined to go higher as they follow the rise of ‘coal currencies’ such as Austra ...


Tuesday, 20 October 09
INDIA MAY CUT STAKE IN NTPC BY DECEMBER, POWER SECRETARY SAYS
Bloomberg reported that, India’s government may sell a 5 percent stake in NTPC Ltd., the country’s biggest power producer, as early as D ...


Monday, 19 October 09
COAL PRICE UP AGAIN - RICHARDS BAY TERMINAL
Export prices rose 45 cents, or 0.7%, to an average of 64.05 a metric ton in the week ended Oct. 16, according to McCloskey Group. The week was & ...


Monday, 19 October 09
COAL MINISTRY SEEKS EXPLANATION FROM AP GENCO
The Hindu Business reported that, the Coal Ministry has asked the Power Generation Corporation of Andhra Pradesh (AP Genco) to explain why there was ...


   1264 1265 1266 1267 1268   
Showing 6326 to 6330 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 ...

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