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Friday, 21 March 14
MERCURIA ANNOUNCES ACQUISITION OF J.P. MORGAN PHYSICAL COMMODITIES BUSINESS
COALspot.com: Mercuria Energy Group announced that it has reached a definitive agreement with J.P. Morgan Chase & Co. to acquire its physical commodities business. The all cash transaction is expected to close in the third quarter of 2014, subject to regulatory approvals.
During that period, Mercuria will work closely with J.P. Morgan to ensure a smooth transition of the business, the report posted on company's website says.
“This transaction represents a major step in the development of Mercuria. The market professionals at J.P. Morgan commodities are amongst the most highly regarded in the industry. The opportunity to integrate them in Mercuria’s global existing business will reinforce our Group’s leading position in the energy and commodities markets” said Marco Dunand, President and CEO of Mercuria.
About Mercuria
Established in 2004, Mercuria has become one of the largest integrated energy and commodity trading companies in the world. Mercuria trades physical oil, energy products and other commodities from business hubs in Geneva, London, Singapore, Shanghai, Chicago and Houston. In support, Mercuria operates a growing portfolio of production, logistic and storage assets.
Mercuria has diversified its business to trading in a wide spectrum of commodity products including crude oil, refined oil products, natural gas, LNG, power, coal, carbon emissions, freight, iron ore, base metals and soft commodities.
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Friday, 02 May 14
US WEEKLY COAL PRODUCTION RELATIVELY FLAT AT -0.1%, SAYS EIA
COALspot.com – United States the world's second largest coal producer, produced approximately 19.0 million short tons (mmst) of coal i ...
Friday, 02 May 14
DRY BULK MARKET SHOWING SIGNS OF COMEBACK - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
The dry bulk market which has been hovering below the 1,000-point market (BDI) during the past couple of weeks, could be exhibiting signs of a s ...
Thursday, 01 May 14
INDONESIA EXPORT BAN POINTS TO QUESTIONS OVER CHINA'S LONG-TERM BAUXITE SUPPLY - WOOD MACKENZIE
China’s Bauxite demand forecast to reach 240 million tonnes by 2030
In light of the Indonesian mineral ore ban that came into force o ...
Thursday, 01 May 14
DRY BULK MARKET STILL REELING UNDER PRESSURE FROM VARIOUS FACTORS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
The dry bulk market's revival is still overdue, as the industry's benchmark, the BDI is still lagging below the 1,000-point mark. In fac ...
Wednesday, 30 April 14
FREIGHT MARKET FOR DRY BULKERS STILL REMAINS WEAK - INTERMODAL
One week after the Easter holiday and the celebration for the resurrection of Christ, everybody expected to see a similar sign of a revival in t ...
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- San Jose City I Power Corp, Philippines
- Petron Corporation, Philippines
- Port Waratah Coal Services - Australia
- Kalimantan Lumbung Energi - Indonesia
- Thai Mozambique Logistica
- Trasteel International SA, Italy
- Goldman Sachs - Singapore
- Sojitz Corporation - Japan
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Indonesian Coal Mining Association
- Sindya Power Generating Company Private Ltd
- Kohat Cement Company Ltd. - Pakistan
- Kepco SPC Power Corporation, Philippines
- Kumho Petrochemical, South Korea
- Straits Asia Resources Limited - Singapore
- Gujarat Electricity Regulatory Commission - India
- Marubeni Corporation - India
- SMC Global Power, Philippines
- The University of Queensland
- Banpu Public Company Limited - Thailand
- GN Power Mariveles Coal Plant, Philippines
- Billiton Holdings Pty Ltd - Australia
- Barasentosa Lestari - Indonesia
- Merrill Lynch Commodities Europe
- Latin American Coal - Colombia
- White Energy Company Limited
- Leighton Contractors Pty Ltd - Australia
- Karaikal Port Pvt Ltd - India
- Toyota Tsusho Corporation, Japan
- Kaltim Prima Coal - Indonesia
- GMR Energy Limited - India
- AsiaOL BioFuels Corp., Philippines
- Bukit Makmur.PT - Indonesia
- Coalindo Energy - Indonesia
- Deloitte Consulting - India
- Madhucon Powers Ltd - India
- Anglo American - United Kingdom
- Miang Besar Coal Terminal - Indonesia
- Riau Bara Harum - Indonesia
- ICICI Bank Limited - India
- Wood Mackenzie - Singapore
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Kartika Selabumi Mining - Indonesia
- Larsen & Toubro Limited - India
- Chettinad Cement Corporation Ltd - India
- Coal and Oil Company - UAE
- ASAPP Information Group - India
- Holcim Trading Pte Ltd - Singapore
- Vizag Seaport Private Limited - India
- McConnell Dowell - Australia
- Independent Power Producers Association of India
- PetroVietnam Power Coal Import and Supply Company
- European Bulk Services B.V. - Netherlands
- Bayan Resources Tbk. - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- The Treasury - Australian Government
- Directorate General of MIneral and Coal - Indonesia
- South Luzon Thermal Energy Corporation
- Intertek Mineral Services - Indonesia
- Formosa Plastics Group - Taiwan
- Makarim & Taira - Indonesia
- Sical Logistics Limited - India
- Australian Commodity Traders Exchange
- Jaiprakash Power Ventures ltd
- Africa Commodities Group - South Africa
- Vijayanagar Sugar Pvt Ltd - India
- Binh Thuan Hamico - Vietnam
- Bharathi Cement Corporation - India
- Manunggal Multi Energi - Indonesia
- Australian Coal Association
- Malabar Cements Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Orica Mining Services - Indonesia
- Aditya Birla Group - India
- Essar Steel Hazira Ltd - India
- Bukit Baiduri Energy - Indonesia
- Heidelberg Cement - Germany
- Lanco Infratech Ltd - India
- Maheswari Brothers Coal Limited - India
- Coastal Gujarat Power Limited - India
- Alfred C Toepfer International GmbH - Germany
- IHS Mccloskey Coal Group - USA
- GAC Shipping (India) Pvt Ltd
- Bangladesh Power Developement Board
- Minerals Council of Australia
- Altura Mining Limited, Indonesia
- Central Java Power - Indonesia
- International Coal Ventures Pvt Ltd - India
- TeaM Sual Corporation - Philippines
- Kideco Jaya Agung - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Ambuja Cements Ltd - India
- Dalmia Cement Bharat India
- Metalloyd Limited - United Kingdom
- Offshore Bulk Terminal Pte Ltd, Singapore
- IEA Clean Coal Centre - UK
- Globalindo Alam Lestari - Indonesia
- Rio Tinto Coal - Australia
- Agrawal Coal Company - India
- Cigading International Bulk Terminal - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Videocon Industries ltd - India
- Mintek Dendrill Indonesia
- Timah Investasi Mineral - Indoneisa
- Aboitiz Power Corporation - Philippines
- CNBM International Corporation - China
- Parliament of New Zealand
- Karbindo Abesyapradhi - Indoneisa
- Planning Commission, India
- New Zealand Coal & Carbon
- Asmin Koalindo Tuhup - Indonesia
- Kobexindo Tractors - Indoneisa
- Power Finance Corporation Ltd., India
- Thiess Contractors Indonesia
- Price Waterhouse Coopers - Russia
- PowerSource Philippines DevCo
- Indian Oil Corporation Limited
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Singapore Mercantile Exchange
- Sinarmas Energy and Mining - Indonesia
- Bhatia International Limited - India
- Therma Luzon, Inc, Philippines
- Global Green Power PLC Corporation, Philippines
- Star Paper Mills Limited - India
- Attock Cement Pakistan Limited
- Semirara Mining Corp, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Eastern Coal Council - USA
- Central Electricity Authority - India
- Meenaskhi Energy Private Limited - India
- Ministry of Mines - Canada
- Romanian Commodities Exchange
- Neyveli Lignite Corporation Ltd, - India
- Directorate Of Revenue Intelligence - India
- Energy Development Corp, Philippines
- Chamber of Mines of South Africa
- Mercator Lines Limited - India
- Pendopo Energi Batubara - Indonesia
- Electricity Generating Authority of Thailand
- Jindal Steel & Power Ltd - India
- Orica Australia Pty. Ltd.
- Indogreen Group - Indonesia
- Siam City Cement PLC, Thailand
- Energy Link Ltd, New Zealand
- MS Steel International - UAE
- Antam Resourcindo - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- India Bulls Power Limited - India
- Baramulti Group, Indonesia
- CIMB Investment Bank - Malaysia
- Grasim Industreis Ltd - India
- Indo Tambangraya Megah - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Tamil Nadu electricity Board
- Samtan Co., Ltd - South Korea
- PTC India Limited - India
- Eastern Energy - Thailand
- Oldendorff Carriers - Singapore
- Carbofer General Trading SA - India
- The State Trading Corporation of India Ltd
- Xindia Steels Limited - India
- Posco Energy - South Korea
- Ministry of Transport, Egypt
- Global Business Power Corporation, Philippines
- Bulk Trading Sa - Switzerland
- SMG Consultants - Indonesia
- Tata Chemicals Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Sarangani Energy Corporation, Philippines
- Wilmar Investment Holdings
- London Commodity Brokers - England
- Iligan Light & Power Inc, Philippines
- Medco Energi Mining Internasional
- Jorong Barutama Greston.PT - Indonesia
- Bhushan Steel Limited - India
- Mercuria Energy - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Indika Energy - Indonesia
- Sakthi Sugars Limited - India
- SN Aboitiz Power Inc, Philippines
- Renaissance Capital - South Africa
- PNOC Exploration Corporation - Philippines
- Vedanta Resources Plc - India
- Ministry of Finance - Indonesia
- Indian Energy Exchange, India
- Siam City Cement - Thailand
- Salva Resources Pvt Ltd - India
- Georgia Ports Authority, United States
- Edison Trading Spa - Italy
- Rashtriya Ispat Nigam Limited - India
- Commonwealth Bank - Australia
- Maharashtra Electricity Regulatory Commission - India
- Global Coal Blending Company Limited - Australia
- Bhoruka Overseas - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Cement Manufacturers Association - India
- Uttam Galva Steels Limited - India
- Borneo Indobara - Indonesia
- Sree Jayajothi Cements Limited - India
- Simpson Spence & Young - Indonesia
- VISA Power Limited - India
- Electricity Authority, New Zealand
- Krishnapatnam Port Company Ltd. - India
- Economic Council, Georgia
- Standard Chartered Bank - UAE
- Mjunction Services Limited - India
- Meralco Power Generation, Philippines
- Savvy Resources Ltd - HongKong
- Petrochimia International Co. Ltd.- Taiwan
- LBH Netherlands Bv - Netherlands
- Gujarat Sidhee Cement - India
- Parry Sugars Refinery, India
- Interocean Group of Companies - India
- Ind-Barath Power Infra Limited - India
- OPG Power Generation Pvt Ltd - India
- GVK Power & Infra Limited - India
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