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

Tuesday, 08 May 12
DRY BULK MARKET LOOKING FOR NEW DIRECTION THIS WEEK - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
With the BDI (Baltic Dry Index) the main benchmark of the dry bulk shipping industry not traded at the start of this week, traders, charterers and s ...


Monday, 07 May 12
INDONESIAN HBA FALL AGAIN IN MAY 2012
COALspot.com -  Indonesian HBA fall again to lowest level since January 2011 in May 2012. The monthly coal reference price for coal sales in Ma ...


Sunday, 06 May 12
INDONESIAN SUB-BITUMINOUS COAL & CFR SOUTH CHINA SWAPS SLIGHTLY DROP THIS WEEK
COALspot.com - Indonesian sub-bituminous coal swaps and CFR South China coal contracts for June deliveries slightly dropped this week. According ...


Sunday, 06 May 12
S7 & S8 ROUTES LIKELY TO BE FIRM NEXT WEEK VISTAAR SINGAPORE
COALspot.com - The BDI remained flat this week and was up just by 1 point closing at 1,157 points. The cape size index was up by 5.14 pct closing ...


Sunday, 06 May 12
EXPORT DUTY ON MINERAL FINALLY TO BECOME EFFECTIVE NEXT WEEK
COALspot.com - Mineral ore exporters of  Indonesia ( only IUP holders) are required to obtain recommendation letter from the energy and mineral ...


   946 947 948 949 950   
Showing 4736 to 4740 news of total 6871
News by Category
Popular News
 
Total Members : 28,694
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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