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
Wednesday, 13 May 09
INDONESIA ADARO NET PROFIT, REVENUE TO RISE IN 2009 - REUTERS


INDONESIA's largest coal producer by market value, PT Adaro Energy Tbk, expects double-digit growth in revenue and net profit this year, an official at the firm said on Tuesday.

"We still believe in double-digit growth for both," said operating director Ah Hoo Chia, when asked about the outlook for revenue and net profit for 2009.

Adaro, which has a market capitalisation of $3.64 billion, sells to 48 customers in 18 countries worldwide, including power utilities Thai Power and Indonesian state electricity firm Perusahaan Listrik Negara (PLN). Exports account for 70-72 percent of its sales.

The firm expects to produce 42-45 million tonnes of coal this year, up from 38.5 million tonnes in 2008, and aims to increase production to 80 million tonnes per year in the next five years.

San Miguel Corp of the Philippines is in talks to buy a stake worth about $500 million in Adaro, which Goldman Sachs , Citigroup and hedge fund Farallon plan to sell.

The firm reported a ten-fold increase in net profit last year to 887.2 billion rupiah ($85.63 million) while revenue rose 56 percent to 18.09 trillion rupiah despite a global economic downturn that has led to a sharp drop in commodity prices.

It also turned to a first-quarter net profit of 1.145 trillion rupiah this year from a 12 billion rupiah loss a year earlier, thanks to higher average achieved selling prices of Envirocoal.

Source: http://www.reuters.com/article/rbssEnergyNews/idUSJAK46414020090512



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

Recent News

Wednesday, 17 June 09
MINE BLAST KILLS NINE, BURIES DOZENS
  A major mine explosion near Sawahlunto city, West Sumatra, Tuesday, killed at least nine people while more than 30 were buried and are feared ...


Tuesday, 16 June 09
INDIAN MINING WORKER ARRESTED IN BENGKULU
Forestry officials in Bengkulu Province, Sumatra, arrested one Indian national and two Indonesians on Sunday for unauthorized exploration in the ele ...


Tuesday, 16 June 09
INDIAN GOVERNMENT MAY ALLOW PRIVATE COMPANIES TO MINE COAL
The government is “strongly considering” to allow commercial coal mining by private companies in a bid to bridge the demand-supply gap, ...


Monday, 15 June 09
SAFRICA'S COAL TERMINAL EXPANSION DELAYED TO Q4
South Africa's Richards Bay Coal Terminal (RBCT) said on Monday the completion of a project to expand the export facility had been delayed to the f ...


Monday, 15 June 09
SHENHUA DENIES GIVING GROUND ON EXPORT COAL PRICE - REUTERS
China Shenhua Energy Co, the country's top coal producer, expects Japanese and South Korean clients to pay at least as much as Chinese customers fo ...


   1335 1336 1337 1338 1339   
Showing 6681 to 6685 news of total 6871
News by Category
Popular News
 
Total Members : 28,617
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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