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, 01 February 12
2% OF IBPS TOTAL CONCESSION AREA CONTAINS TOTAL COAL RESOURCE OF 56.1 MILLION TON
COALspot.com - PT. Britmindo, a mine consulting firm, has finalized PT. Insani Bara Perkasa (IBP) first JORC (Joint Ore Reserves Committee) res ...


Tuesday, 31 January 12
THERE ARE MANY GOOD REASONS FOR COAL IN GERMANY - DR CIESLIK
COALspot.com - "The year 2011 was again marked by many changes on the markets and energy policies, at times in line with expectations, but at o ...


Tuesday, 31 January 12
DRY BULK MARKET KEEPS FALLING FOR WORST MONTH IN YEARS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market didn't manage to put a halt in its downfall, with the industry's benchmark, the BDI (Baltic Dry Index), posting yet another fa ...


Monday, 30 January 12
CHINA'S HUNGER FOR COAL LEAVES DENT IN PENNSYLVANIA'S SUPPLY - THOMAS LESKIN
With the price of heating oil on the rise, one of Pennsylvania's greatest natural resources - coal - is in high demand, and not just locally. Et ...


Saturday, 28 January 12
WILL FREIGHT MARKET STABILIZE FROM NEXT WEEK?
COALspot.com - The markets continued to soften with BDI at 663 points down by 15.78 pct closing at 726 points and cape index was down by 5.73 pct cl ...


   972 973 974 975 976   
Showing 4866 to 4870 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 ...

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