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

Monday, 08 June 09
PTC INDIA TO ACQUIRE COAL MINES IN AUSTRALIA, INDONESIA - PTI NEWS
PTI reported that, State-owned Power Trading Corp today said it would acquire coal properties overseas and has identified mines in Australia and Ind ...


Monday, 08 June 09
PRIVATE COAL MINERS LIKELY TO LAND COMMERCIAL LICENSE - ECONOMIC TIMES
Economic Times of India reported that, The government may allow commercial coal mining by private companies as it looks to plug the demand-supply ga ...


Monday, 08 June 09
SAN MIGUEL EYES LOCAL MINING VENTURES - PHILIPPINE DAILY INQUIRER
Philippine Daily Inquirer reported that, Diversifying conglomerate San Miguel Corp.is making big plans for Philippine mining, seen as an industry th ...


Monday, 08 June 09
NAPOCOR BUYING COAL FOR PAGBILAO PLANT - PHILIPPINE DAILY INQUIRER
Philippine Daily Inquirer reported that, State-run National Power Corp. plans to buy 390,000 metric tons of steaming coal next month, to supply the ...


Sunday, 07 June 09
SEMIRARA SELLING COAL TO THAILAND - STEELGURU
Business Mirror reported that coal producer Semirara Mining Corporation has successfully entered the Thailand market during the Q1 of the year, help ...


   1338 1339 1340 1341 1342   
Showing 6696 to 6700 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 ...

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