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
Saturday, 21 January 12
SAMIN TAN COMPLETES BUMI PLC TAKEOVER - INSIDER STORIES


Insider Stories reported that, Indonesian coking coal miner PT Borneo Lumbung Energi & Metal Tbk (BORN), that is controlled by stellar businessman Samin Tan, today schedules a  signing ceremony of the takeover completion on 23.8% stake in London-based Bumi Plc worth US$1 billion.

"Closing ceremony is scheduled today [January 20] at 10.00 am," Samin Tan told Insider Stories last night.

As reported by Bisnis Indonesia today, Director Kenneth Raymond Allan at Borneo also confirmed about the signing ceremony today. "There is no press conference, only press release," he said.

Borneo has received US$1 billion loan facilities arranged by Standard Chartered Bank. The money has been transferred to a certain escrow account.

Following the takeover completion, Borneo will indirectly control 23.8% stake in Bumi Plc through two jointly new entities dubbed Borneo Bumi Energi & Metal Pte Ltd (Borneo Bumi) and Bumi Borneo Resources Pte Ltd (Bumi Borneo).

In Borneo Bumi, Borneo Energi controls 51% stake and 49% stake in Bumi Borneo. Borneo Bumi is holding 54.15% voting shares in Bumi Plc, representing 29.9% of the total voting rights in Bumi Plc.

Bumi Borneo is holding 60.44% non-voting shares in Bumi Plc, representing 25.1% of the total capital paid in of Bumi Plc.
Source: Insider Stories



If you believe an article violates your rights or the rights of others, please contact us.

Recent News

Wednesday, 07 March 12
ASSESS ASIAS POTENTIAL, DEVELOPMENTS AND APPETITE FOR SHALE AT SHALE GAS SUMMIT
Press Release - Assess Asia’s Potential, Developments and Appetite for Shale at Shale Gas Summit on 23-24 Apr, 2012 in Beijing China is rep ...


Wednesday, 07 March 12
3RD MOZAMBIQUE COAL CONFERENCE
3rd Mozambique Coal Conference 2-4 July 2012 | Joaquim Chissano International Conference Centre , Maputo, Mozambique http://www.immevents.com/mo ...


Wednesday, 07 March 12
DRY BULK MARKET KEEPS UP TIMID REBOUND - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market has kept its rising momentum yesterday, rising for the eighth straight session, on the back of renewed demand for smaller bulk c ...


Wednesday, 07 March 12
BUKIT ASAM EYES 39% RISE IN COAL SALES - INSIDER STORIES
Insider Stories reported that, PT Bukit Asam Tbk is scouting a 39% increase in coal sales volume to 18.66 million tons this year from last year with ...


Wednesday, 07 March 12
PETROSEA SEALS US$188 MIO CONTRACT - INSIDER STORIES
Insider Stories reported that, coal mining contractor PT Petrosea Tbk has secured a US$188 million additional contract from its affiliated firm PT S ...


   963 964 965 966 967   
Showing 4821 to 4825 news of total 6871
News by Category
Popular News
 
Total Members : 28,625
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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