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

Sunday, 15 January 12
THE FREIGHT MARKET CONTINUED TO BLEED - VISTAAR
COALspot.com - "The markets continued to bleed with BDI touching almost 1000 points , almost reaching the collapse of 2008 levels," said C ...


Saturday, 14 January 12
GOLDEN MINES TO SUPPLY 4 MIO TONS - INSIDER STORIES
Insider Stories reported that, Coal miner under Sinarmas Group PT Golden Energy Mines Tbk (GEMS), a subsidiary of PT Dian Swastatika Sentosa Tbk (DS ...


Friday, 13 January 12
DIFFICULT START OF 2012 FOR DRY BULK MARKET SEEN HARD TO CHANGE IN THE COURSE OF THE YEAR, UNLESS DEMOLITION PICKS UP
The dry bulk market has been on a freefall this week after a rocky start to the new year. Yesterday, the BDI (Baltic Dry Index) the industry's benc ...


Thursday, 12 January 12
DRY BULK MARKET CRASHING AT START OF THE YEAR - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market has kept being on freefall mode yesterday, with the industry's benchmark, the BDI (Baltic Dry Index) losing a massive 5.17% on ...


Wednesday, 11 January 12
NEWBUILDING ORDERS DECLINE, AS SHIP OWNERS REALIZE OVERSUPPLY WILL "KILL" THEM - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
With 2012 now underway, it will be rather interesting to see how ship owners will play the "newbuilding ordering" card to their favor, as ...


   976 977 978 979 980   
Showing 4886 to 4890 news of total 6871
News by Category
Popular News
 
Total Members : 28,705
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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