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

Wednesday, 05 August 09
SMALLER DRY BULK CARRIERS TO FARE BETTER UNTIL THE END OF 2009 - SHIPPING
Marcor Shipping reported that, Smaller ship types are expected to outtake larger ones in dry bulk trade for the period until the end of the year. Th ...


Wednesday, 05 August 09
PEOPLE'S MINING SHOULD BE REGULATED UNDER RPP MINERBA
The Indonesian Institute of Science (LIPI) has called on the government to include a specific provision for people’s mining in the draft govern ...


Tuesday, 04 August 09
SRI LANKA IS LOOKING FOR 650,000 TON OF COAL NEXT YEAR FOR ITS FIRST 900 MW POWER PLANT.
COALspot.com ( Sri Lanka) : Lanka Coal Company Limited was issued a tender on 23 July 2009 to purchase 650,000 +/- 20% MT Bituminous Coal per a ...


Monday, 03 August 09
ONE YEAR CHARTER RATES FOR SUPRAMAX WAS AT AROUND USD 18,500 - VISTAAR SINGAPORE
COALspot.com (Singapore) : The freight market was flat this week with hardly any change in the BDI.The cape was up by about 4 pct and closed at 5,38 ...


Saturday, 01 August 09
APGENCO SAYS BOUGHT 500,000T MALAYSIAN COAL
The Malaysian Insider reported that, Indian state utility Andhra Pradesh Power Generation Corporation Ltd (Apgenco) has bought 500,000 tonnes of Mal ...


   1307 1308 1309 1310 1311   
Showing 6541 to 6545 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 ...

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