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

Saturday, 02 May 09
BUMI'S FIRST-QUARTER PROFIT RISES 21% ON COAL PRICE - BLOOMBERG
PT BUMI RESOURCES, Asia’s biggest exporter of power-station coal, said first-quarter profit rose 21 percent after it earned higher prices for ...


Saturday, 02 May 09
COAL PRICES TO RISE ON CHINESE SUPPLY, INDIAN DEMAND, UBS SAYS
Peter Hickson, an analyst with UBS AG in London, comments on prices for thermal coal, burned to generate power. He commented in a report today. & ...


Friday, 01 May 09
DEUTSCHE, BECKKETT CLAIMING ADARO WIN - THE JAKARTA GLOBE
Both Deutsche Bank AG and Beckkett, an investment firm controlled by Indonesian tycoon Sukanto Tanoto, claimed victory on Tuesday after Singapore&rs ...


Wednesday, 29 April 09
BAYAN READY TO OPERATE WORLD'S LARGEST COAL QUALITY IMPROVEMENT FACILITY - MAJALAH TAMBANG
PT. Bayan Resources Tbk. (hereinafter referred to as Bayan), an Indonesian coal manufacturer, announced that they are ready to operate the world's ...


Wednesday, 29 April 09
NEW GOV'T REGULATION SHOULD INCORPORATE CONFLICT SETTLEMENT BODY - ICMA (MAJALAH TAMBANG)
A draft government regulation on mineral and coal is currently in a process of completion. The Indonesian Coal Mining Association (ICMA) proposed th ...


   1354 1355 1356 1357 1358   
Showing 6776 to 6780 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 ...

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