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, 13 December 11
CAPESIZES AND PANAMAXES LEAD DRY BULK MARKET HIGHER - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market inched closer to the 2,000 mark on Monday, with Panamaxes rebounding firmly and leading the gains. As a result, the industry&rsq ...


Monday, 12 December 11
DRY BULK MARKET LOOKING FOR BALANCE AS WE ENTER 2012 - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
During the past few months, freight rates for dry bulk carriers, especially Capesizes have increased significantly, providing ship owners with a muc ...


Sunday, 11 December 11
THE PANAMAX INDEX ENDED ON POSITIVE DIRECTION - VISTAAR
COALspot.com - The BDI and Cape index continued the upward trend this week also with BDI up by 3.00 pct closing at 1,922 points and Cape index up by ...


Saturday, 10 December 11
MAHAKAM RIVER RESUMES COAL TRANSPORTATION
COALspot.com - East Kalimantan local government has resumed limited coal barging through Mahakam River after two weeks of suspension following the c ...


Friday, 09 December 11
DRY BULK MARKET REBOUNDS ON HEALTHIER DEMAND OUTLOOK - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market edged forward yesterday, at the highest rate of the past couple of weeks, as a result of stonger iron ore demand, backed by lowe ...


   986 987 988 989 990   
Showing 4936 to 4940 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 ...

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