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
Tuesday, 11 October 11
GLENCORE, SUITOR FOR BUMI PLC? - INSIDER STORIES


Insider Stories reported that, the largest commodities trader in the world, Glencore International Plc, is considering an opportunity to acquire a minority stake in London-based Bumi Plc, which has access to nearly 80 million tons of coal production currently controlled by Bakrie family.

PT Bakrie & Brothers, that owns 47% stake in Bumi Plc, breached two conditions in a US$1.35 billion loan agreement obtained from Credit Suiise AG and a group of lenders.

As a result, Bakrie & Brothers, as quoted by Bisnis Indonesia today, is in a default position. However, Bakrie management has confirmed that the company is not in such position. The company is considering to restructure or pay the loan facility of US$597 million that will mature in March 2012.

An analyst at Liberum Capital Ltd said the potential sale of Bumi Plc has drawn interest from several investors. "Glencore is the closest suitor, regarding to the relations with Bakrie Group.
Source: Insider Stories



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

Recent News

Sunday, 20 November 11
THE FREIGHT MARKETS EXPECTED TO BE FIRM NEXT WEEK - VISTAAR
COALspot.com - The market continued to move up with all sectors gaining except for handy size. The BDI was up by 3.26 pct and closed at 1895 poin ...


Friday, 18 November 11
MMTC SEEKS 1.365 MMT OF IMPORTED COAL
COALspot.com - India's MMTC, the largest trading company of India and a major trading company of Asia, has issued a term supply tender for 1.365Mt ...


Friday, 18 November 11
KPC, ARUTMIN OUTPUT REACHED 47.1 MIO TONS - INSIDER STORIES
PT Kaltim Prima Coal (KPC) and PT Arutmin Indonesia, reported 47.1 million tons of coal production in 9M 2011, according to Indiser Stories. Insi ...


Friday, 18 November 11
THE ATLANTIC SUPRAMAX MARKET EXPERIENCED A STEADY AND FIRM TENDENCY
Handy The Atlantic Supramax market experienced a steady and firm tendency this week.  Especially the North Atlantic and Mediterranean position ...


Friday, 18 November 11
BERAU COAL 9M PROFIT SOARS 194.46% - INSIDER STORIES
Insider Stories reported that, PT Berau Coal Energy Tbk (BRAU), which is 84.7% owned by Bumi Plc, reported a 194.46% jump in net profit by end of Se ...


   993 994 995 996 997   
Showing 4971 to 4975 news of total 6871
News by Category
Popular News
 
Total Members : 28,696
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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