We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
Tuesday, 07 July 09
INDIKA ENERGY COMPLETES THE ACQUISITION OF PETROSEA
TAMBANG reported that, PT Indika Energy, Tbk has officially announced that it has completed the acquisition of PT Petrosea, Tbk. from Clough International Singapore Pte. Ltd. With an amount of US$83.8 million, Indika Energy has now own 81.95% stake in Petrosea.
In a press release sent to TAMBANG Magazine on 6 July 2009, Indika Energy stated that the close of this transaction would enable it to leverage Petrosea's capabilities in engineering construction, mine operation and offshore logistics. Furthermore, it would strengthen Petrosea's foothold in the energy sector in the areas of resource, services, and infrastructure.
With its strong financials fundamental and market leadership, Indika Energy is confident to provide Petrosea with a stronger position to realise its growth target and create satisfactory return on equity.
Arsjad Rasjid, President Director of Indika Energy, explained the next step they are going to take immediately. "The immediate next steps for us is for the two management teams to map out our growth plans based on our strategic intent. We will draw on each other's strengths, capabilities and expertise to grow, as well as conduct a gap analysis to identify and close the gaps of our weaker areas to strengthen our positions," he said.
The acquisition of Petrosea has previously gained approval from Indika Energy's shareholders, as well as from the regulators. Furthermore, Indika Energy would make the mandatory tender offer for shares held by minority shareholders, pursuant to the prevailing laws and regulations.
Source: Tambang
If you believe an article violates your rights or the rights of others, please contact us.
|
|
Saturday, 13 June 09
CLEARLY THE DRIVER FOR DRY BULK MARKET SEEMS TO BE IMPORTS BY CHINA - VISTAAR SINGAPORE
COALspot.com (Singapore): The market saw mixed results last week. The beginning of the week saw the indices dropping including the futures , however t ...
Friday, 12 June 09
SOUTH SUMATERA SPEEDS UP INTERNATIONAL HARBOR CONSTRUCTION - TEMPO INTERACTIVE
The South Sumatera Government will speed up construction of the international harbor Tanjung Api-Api. The harbor is a strategic entry point for comm ...
Friday, 12 June 09
CHINA SHENHUA NOT EYEING NEW FOREIGN COAL MINES - MEDIA
China Shenhua Energy Co Ltd , the top Chinese coal miner, will not consider buying any major overseas mines before it starts operating the Watermark ...
Friday, 12 June 09
CHINA TOP POWER COS SIGN REGIONAL COAL DEALS - REUTERS
China's top five power generating groups have signed 2009 coal supply contracts with miners in Guizhou and Xinjiang, with prices up 4 percent on th ...
Friday, 12 June 09
MERCATOR LINES TARGETS 30 MILLION TONNE FROM MOZAMBIQUE COAL MINE - STEEL GURU
India’s second largest private shipping company Mercator Lines has targeted production of 30 million tonnes of coal from its Mozambique mine o ...
|
|
|
Showing 6686 to 6690 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Kartika Selabumi Mining - Indonesia
- Global Business Power Corporation, Philippines
- Mercuria Energy - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Intertek Mineral Services - Indonesia
- Carbofer General Trading SA - India
- SMG Consultants - Indonesia
- White Energy Company Limited
- Directorate General of MIneral and Coal - Indonesia
- Maheswari Brothers Coal Limited - India
- Sarangani Energy Corporation, Philippines
- Energy Development Corp, Philippines
- VISA Power Limited - India
- Central Java Power - Indonesia
- PNOC Exploration Corporation - Philippines
- Heidelberg Cement - Germany
- South Luzon Thermal Energy Corporation
- Georgia Ports Authority, United States
- Makarim & Taira - Indonesia
- Eastern Energy - Thailand
- Merrill Lynch Commodities Europe
- Marubeni Corporation - India
- OPG Power Generation Pvt Ltd - India
- Minerals Council of Australia
- Therma Luzon, Inc, Philippines
- Grasim Industreis Ltd - India
- Standard Chartered Bank - UAE
- Straits Asia Resources Limited - Singapore
- Kobexindo Tractors - Indoneisa
- Rio Tinto Coal - Australia
- Sakthi Sugars Limited - India
- New Zealand Coal & Carbon
- Formosa Plastics Group - Taiwan
- Karaikal Port Pvt Ltd - India
- Indian Oil Corporation Limited
- Gujarat Electricity Regulatory Commission - India
- Bharathi Cement Corporation - India
- Ind-Barath Power Infra Limited - India
- Trasteel International SA, Italy
- Banpu Public Company Limited - Thailand
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Singapore Mercantile Exchange
- Simpson Spence & Young - Indonesia
- MS Steel International - UAE
- Bukit Baiduri Energy - Indonesia
- Baramulti Group, Indonesia
- Meenaskhi Energy Private Limited - India
- Posco Energy - South Korea
- Medco Energi Mining Internasional
- Vizag Seaport Private Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Semirara Mining and Power Corporation, Philippines
- Xindia Steels Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- AsiaOL BioFuels Corp., Philippines
- Eastern Coal Council - USA
- Malabar Cements Ltd - India
- Mjunction Services Limited - India
- Savvy Resources Ltd - HongKong
- Tamil Nadu electricity Board
- GN Power Mariveles Coal Plant, Philippines
- Manunggal Multi Energi - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- GMR Energy Limited - India
- Billiton Holdings Pty Ltd - Australia
- Price Waterhouse Coopers - Russia
- Petron Corporation, Philippines
- Karbindo Abesyapradhi - Indoneisa
- Antam Resourcindo - Indonesia
- Australian Commodity Traders Exchange
- PTC India Limited - India
- Orica Australia Pty. Ltd.
- CNBM International Corporation - China
- Renaissance Capital - South Africa
- Altura Mining Limited, Indonesia
- Indian Energy Exchange, India
- Energy Link Ltd, New Zealand
- Coal and Oil Company - UAE
- Mercator Lines Limited - India
- Electricity Generating Authority of Thailand
- CIMB Investment Bank - Malaysia
- ASAPP Information Group - India
- Binh Thuan Hamico - Vietnam
- Videocon Industries ltd - India
- Gujarat Sidhee Cement - India
- Agrawal Coal Company - India
- The University of Queensland
- Maharashtra Electricity Regulatory Commission - India
- The Treasury - Australian Government
- Kumho Petrochemical, South Korea
- Uttam Galva Steels Limited - India
- Miang Besar Coal Terminal - Indonesia
- Oldendorff Carriers - Singapore
- Globalindo Alam Lestari - Indonesia
- Semirara Mining Corp, Philippines
- India Bulls Power Limited - India
- TeaM Sual Corporation - Philippines
- Kaltim Prima Coal - Indonesia
- Madhucon Powers Ltd - India
- Global Coal Blending Company Limited - Australia
- Holcim Trading Pte Ltd - Singapore
- Essar Steel Hazira Ltd - India
- Wood Mackenzie - Singapore
- Timah Investasi Mineral - Indoneisa
- Jindal Steel & Power Ltd - India
- Pendopo Energi Batubara - Indonesia
- Global Green Power PLC Corporation, Philippines
- Bayan Resources Tbk. - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Aditya Birla Group - India
- Dalmia Cement Bharat India
- Salva Resources Pvt Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Kapuas Tunggal Persada - Indonesia
- Sree Jayajothi Cements Limited - India
- Thai Mozambique Logistica
- Jaiprakash Power Ventures ltd
- Leighton Contractors Pty Ltd - Australia
- ICICI Bank Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Mintek Dendrill Indonesia
- Cigading International Bulk Terminal - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Interocean Group of Companies - India
- Power Finance Corporation Ltd., India
- Coalindo Energy - Indonesia
- Directorate Of Revenue Intelligence - India
- PowerSource Philippines DevCo
- Neyveli Lignite Corporation Ltd, - India
- Parry Sugars Refinery, India
- The State Trading Corporation of India Ltd
- Chamber of Mines of South Africa
- Asmin Koalindo Tuhup - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Economic Council, Georgia
- Riau Bara Harum - Indonesia
- Iligan Light & Power Inc, Philippines
- Meralco Power Generation, Philippines
- Sical Logistics Limited - India
- Attock Cement Pakistan Limited
- Ministry of Transport, Egypt
- Ministry of Finance - Indonesia
- Thiess Contractors Indonesia
- Sojitz Corporation - Japan
- Sindya Power Generating Company Private Ltd
- Deloitte Consulting - India
- Edison Trading Spa - Italy
- Orica Mining Services - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Indonesian Coal Mining Association
- Anglo American - United Kingdom
- Coastal Gujarat Power Limited - India
- Australian Coal Association
- Goldman Sachs - Singapore
- Lanco Infratech Ltd - India
- San Jose City I Power Corp, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Port Waratah Coal Services - Australia
- Star Paper Mills Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Vijayanagar Sugar Pvt Ltd - India
- Central Electricity Authority - India
- Metalloyd Limited - United Kingdom
- SN Aboitiz Power Inc, Philippines
- Romanian Commodities Exchange
- Kideco Jaya Agung - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Parliament of New Zealand
- McConnell Dowell - Australia
- Bhushan Steel Limited - India
- Borneo Indobara - Indonesia
- Chettinad Cement Corporation Ltd - India
- IHS Mccloskey Coal Group - USA
- GVK Power & Infra Limited - India
- Krishnapatnam Port Company Ltd. - India
- SMC Global Power, Philippines
- GAC Shipping (India) Pvt Ltd
- Commonwealth Bank - Australia
- Tata Chemicals Ltd - India
- London Commodity Brokers - England
- Ministry of Mines - Canada
- Bank of Tokyo Mitsubishi UFJ Ltd
- Cement Manufacturers Association - India
- Bhatia International Limited - India
- Indogreen Group - Indonesia
- Bhoruka Overseas - Indonesia
- Independent Power Producers Association of India
- Indo Tambangraya Megah - Indonesia
- Siam City Cement PLC, Thailand
- European Bulk Services B.V. - Netherlands
- Aboitiz Power Corporation - Philippines
- LBH Netherlands Bv - Netherlands
- Bukit Makmur.PT - Indonesia
- Kepco SPC Power Corporation, Philippines
- International Coal Ventures Pvt Ltd - India
- Vedanta Resources Plc - India
- Bulk Trading Sa - Switzerland
- Sinarmas Energy and Mining - Indonesia
- Toyota Tsusho Corporation, Japan
- Alfred C Toepfer International GmbH - Germany
- Wilmar Investment Holdings
- Indika Energy - Indonesia
- Africa Commodities Group - South Africa
- Latin American Coal - Colombia
- Siam City Cement - Thailand
- Jorong Barutama Greston.PT - Indonesia
- Electricity Authority, New Zealand
- IEA Clean Coal Centre - UK
- Samtan Co., Ltd - South Korea
- Bangladesh Power Developement Board
- Barasentosa Lestari - Indonesia
- Larsen & Toubro Limited - India
- Planning Commission, India
- Ambuja Cements Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
|
| |
| |
|