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

Sunday, 17 June 12
S7 & S8 ROUTES ARE LIKELY TO BE SOFT NEXT WEEK - VISTAAR
COALspot.com - The BDI gained some increase after continues fall for several weeks. The BDI increased by 47 points (up by 5.36 pct) closing at 92 ...


Saturday, 16 June 12
INDONESIAN SUB-BITUMINOUS COAL & CFR SOUTH CHINA COAL CONTRACT SWAPS ARE UNDER PRESSURE
COALspot.com - Indonesian sub-bituminous coal swaps and CFR South China coal contracts for July deliveries seems to be under pressure this week.&nbs ...


Friday, 15 June 12
CAPESIZE - THE LEVELS THAT DID FIX ARE DOWN W-O-W LEVELS - FEARNLEYS
Handy Another slow-moving market with rates hovering at same level as last week. US Gulf positions fixed USD 25,000 for trips to Cont/Passero and S ...


Thursday, 14 June 12
SMALLER DRY BULK CARRIERS LIKELY TO FACE MORE CHALLENGES; DEMOLITION ACTIVITY SET FOR RECORD YEAR - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
In its latest update on the dry bulk markets, BIMCO said that China is partly “failing to deliver” on raw material imports that can affe ...


Wednesday, 13 June 12
LOW COAL PRICES COULD CHANGE SUPPLY SIDE DYNAMICS - FITCH RATINGS
Fitch Ratings believes that the weakness seen in thermal coal prices in recent months should reverse once demand from major importers recovers, alth ...


   937 938 939 940 941   
Showing 4691 to 4695 news of total 6871
News by Category
Popular News
 
Total Members : 28,695
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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