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, 17 June 09
MINE BLAST KILLS NINE, BURIES DOZENS
  A major mine explosion near Sawahlunto city, West Sumatra, Tuesday, killed at least nine people while more than 30 were buried and are feared ...


Tuesday, 16 June 09
INDIAN MINING WORKER ARRESTED IN BENGKULU
Forestry officials in Bengkulu Province, Sumatra, arrested one Indian national and two Indonesians on Sunday for unauthorized exploration in the ele ...


Tuesday, 16 June 09
INDIAN GOVERNMENT MAY ALLOW PRIVATE COMPANIES TO MINE COAL
The government is “strongly considering” to allow commercial coal mining by private companies in a bid to bridge the demand-supply gap, ...


Monday, 15 June 09
SAFRICA'S COAL TERMINAL EXPANSION DELAYED TO Q4
South Africa's Richards Bay Coal Terminal (RBCT) said on Monday the completion of a project to expand the export facility had been delayed to the f ...


Monday, 15 June 09
SHENHUA DENIES GIVING GROUND ON EXPORT COAL PRICE - REUTERS
China Shenhua Energy Co, the country's top coal producer, expects Japanese and South Korean clients to pay at least as much as Chinese customers fo ...


   1335 1336 1337 1338 1339   
Showing 6681 to 6685 news of total 6871
News by Category
Popular News
 
Total Members : 28,634
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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