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.
|
|
Tuesday, 23 June 09
NAPOCOR TO RE-TENDER FOR 195,000 T COAL IN JULY
Electricity producer National Power Corp. (Napocor) will hold a tender on July 15 to buy 195,000 tons of steam coal for its Sual power station, the ...
Monday, 22 June 09
ONE DIES IN KUTAI COAL TUNNEL COLLAPSE
The Jakarta Post reported that, A tunnel at a coal mine belonging to company PT Fajar Bumi Sakti in Kutai Kartanegara, East Kalimantan collapsed on ...
Monday, 22 June 09
THIS WEEK IS EXPECTED TO BE FIRM AND DEMAND OF SHIPS WOULD BE STRONG - VISTAAR SINGAPORE
COALspot.com (Singapore): The BDI up by 487 points over last week which is an increase of almost 13 pct. The increase is again mainly due to Ca ...
Monday, 22 June 09
CHINESE MAY COAL IMPORTS HIT RECORD 9.43 MILLION TONNES
Reuters quoted Custom Data showed that China's coal imports hit an all-time record of 9.43 million tonnes in May.
The figure surpasses the previ ...
Monday, 22 June 09
SOUTH AFRICAN EXPORT COAL DECLINES ON WEAKENING EUROPEAN DEMAND
Prices for coal shipped from South Africa’s Richards Bay, site of the world’s largest export terminal for the fuel, posted the first dro ...
|
|
|
Showing 6656 to 6660 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- International Coal Ventures Pvt Ltd - India
- Barasentosa Lestari - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Kumho Petrochemical, South Korea
- Rashtriya Ispat Nigam Limited - India
- Formosa Plastics Group - Taiwan
- Straits Asia Resources Limited - Singapore
- ASAPP Information Group - India
- IHS Mccloskey Coal Group - USA
- Eastern Coal Council - USA
- Global Business Power Corporation, Philippines
- Mintek Dendrill Indonesia
- Toyota Tsusho Corporation, Japan
- Wilmar Investment Holdings
- MS Steel International - UAE
- Energy Link Ltd, New Zealand
- Minerals Council of Australia
- Kepco SPC Power Corporation, Philippines
- Gujarat Sidhee Cement - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bayan Resources Tbk. - Indonesia
- Altura Mining Limited, Indonesia
- Bhatia International Limited - India
- Aboitiz Power Corporation - Philippines
- Salva Resources Pvt Ltd - India
- Electricity Generating Authority of Thailand
- Jindal Steel & Power Ltd - India
- Chettinad Cement Corporation Ltd - India
- Goldman Sachs - Singapore
- Vedanta Resources Plc - India
- Bukit Makmur.PT - Indonesia
- Commonwealth Bank - Australia
- Carbofer General Trading SA - India
- The State Trading Corporation of India Ltd
- Georgia Ports Authority, United States
- Binh Thuan Hamico - Vietnam
- Indogreen Group - Indonesia
- Timah Investasi Mineral - Indoneisa
- Rio Tinto Coal - Australia
- London Commodity Brokers - England
- European Bulk Services B.V. - Netherlands
- Mercuria Energy - Indonesia
- PTC India Limited - India
- Petron Corporation, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Economic Council, Georgia
- Bhoruka Overseas - Indonesia
- Ambuja Cements Ltd - India
- Mjunction Services Limited - India
- Merrill Lynch Commodities Europe
- Singapore Mercantile Exchange
- Bukit Asam (Persero) Tbk - Indonesia
- Attock Cement Pakistan Limited
- Globalindo Alam Lestari - Indonesia
- Indian Oil Corporation Limited
- Interocean Group of Companies - India
- Jaiprakash Power Ventures ltd
- GAC Shipping (India) Pvt Ltd
- Bank of Tokyo Mitsubishi UFJ Ltd
- Jorong Barutama Greston.PT - Indonesia
- Posco Energy - South Korea
- Makarim & Taira - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Meenaskhi Energy Private Limited - India
- Aditya Birla Group - India
- Kartika Selabumi Mining - Indonesia
- CNBM International Corporation - China
- Oldendorff Carriers - Singapore
- Alfred C Toepfer International GmbH - Germany
- Global Green Power PLC Corporation, Philippines
- Kaltim Prima Coal - Indonesia
- Romanian Commodities Exchange
- Bahari Cakrawala Sebuku - Indonesia
- Electricity Authority, New Zealand
- Coalindo Energy - Indonesia
- Directorate Of Revenue Intelligence - India
- Uttam Galva Steels Limited - India
- Power Finance Corporation Ltd., India
- Bulk Trading Sa - Switzerland
- Directorate General of MIneral and Coal - Indonesia
- Samtan Co., Ltd - South Korea
- White Energy Company Limited
- Baramulti Group, Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Australian Commodity Traders Exchange
- AsiaOL BioFuels Corp., Philippines
- SN Aboitiz Power Inc, Philippines
- Deloitte Consulting - India
- Indika Energy - Indonesia
- The Treasury - Australian Government
- CIMB Investment Bank - Malaysia
- McConnell Dowell - Australia
- Malabar Cements Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Grasim Industreis Ltd - India
- Trasteel International SA, Italy
- Ceylon Electricity Board - Sri Lanka
- VISA Power Limited - India
- Energy Development Corp, Philippines
- Therma Luzon, Inc, Philippines
- Karaikal Port Pvt Ltd - India
- Orica Mining Services - Indonesia
- Chamber of Mines of South Africa
- Kapuas Tunggal Persada - Indonesia
- PowerSource Philippines DevCo
- Ministry of Finance - Indonesia
- Semirara Mining and Power Corporation, Philippines
- ICICI Bank Limited - India
- Essar Steel Hazira Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Marubeni Corporation - India
- South Luzon Thermal Energy Corporation
- Gujarat Electricity Regulatory Commission - India
- Africa Commodities Group - South Africa
- New Zealand Coal & Carbon
- IEA Clean Coal Centre - UK
- Kideco Jaya Agung - Indonesia
- Wood Mackenzie - Singapore
- Videocon Industries ltd - India
- Ind-Barath Power Infra Limited - India
- Coastal Gujarat Power Limited - India
- PNOC Exploration Corporation - Philippines
- Mercator Lines Limited - India
- Central Java Power - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Banpu Public Company Limited - Thailand
- Sree Jayajothi Cements Limited - India
- Borneo Indobara - Indonesia
- Renaissance Capital - South Africa
- Billiton Holdings Pty Ltd - Australia
- Bukit Baiduri Energy - Indonesia
- Star Paper Mills Limited - India
- Manunggal Multi Energi - Indonesia
- Thai Mozambique Logistica
- Pipit Mutiara Jaya. PT, Indonesia
- Sakthi Sugars Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Siam City Cement PLC, Thailand
- Ministry of Mines - Canada
- Leighton Contractors Pty Ltd - Australia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Simpson Spence & Young - Indonesia
- Vizag Seaport Private Limited - India
- Madhucon Powers Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Maheswari Brothers Coal Limited - India
- Planning Commission, India
- Metalloyd Limited - United Kingdom
- SMC Global Power, Philippines
- Global Coal Blending Company Limited - Australia
- Tata Chemicals Ltd - India
- Sojitz Corporation - Japan
- LBH Netherlands Bv - Netherlands
- Australian Coal Association
- Tamil Nadu electricity Board
- Ministry of Transport, Egypt
- Lanco Infratech Ltd - India
- TeaM Sual Corporation - Philippines
- San Jose City I Power Corp, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Intertek Mineral Services - Indonesia
- Port Waratah Coal Services - Australia
- Thiess Contractors Indonesia
- Sarangani Energy Corporation, Philippines
- Anglo American - United Kingdom
- Xindia Steels Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Standard Chartered Bank - UAE
- Orica Australia Pty. Ltd.
- Agrawal Coal Company - India
- Cigading International Bulk Terminal - Indonesia
- Eastern Energy - Thailand
- Cement Manufacturers Association - India
- Heidelberg Cement - Germany
- Kobexindo Tractors - Indoneisa
- Bharathi Cement Corporation - India
- Siam City Cement - Thailand
- Krishnapatnam Port Company Ltd. - India
- The University of Queensland
- Sical Logistics Limited - India
- Riau Bara Harum - Indonesia
- Edison Trading Spa - Italy
- Antam Resourcindo - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Savvy Resources Ltd - HongKong
- Vijayanagar Sugar Pvt Ltd - India
- Latin American Coal - Colombia
- Semirara Mining Corp, Philippines
- Bhushan Steel Limited - India
- Coal and Oil Company - UAE
- Bangladesh Power Developement Board
- Pendopo Energi Batubara - Indonesia
- Price Waterhouse Coopers - Russia
- PetroVietnam Power Coal Import and Supply Company
- Gujarat Mineral Development Corp Ltd - India
- Iligan Light & Power Inc, Philippines
- GMR Energy Limited - India
- Independent Power Producers Association of India
- Indo Tambangraya Megah - Indonesia
- Parliament of New Zealand
- Indian Energy Exchange, India
- Dalmia Cement Bharat India
- Central Electricity Authority - India
- SMG Consultants - Indonesia
- India Bulls Power Limited - India
- Indonesian Coal Mining Association
- OPG Power Generation Pvt Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Medco Energi Mining Internasional
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Parry Sugars Refinery, India
- Asmin Koalindo Tuhup - Indonesia
- Meralco Power Generation, Philippines
- GVK Power & Infra Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Larsen & Toubro Limited - India
- Sindya Power Generating Company Private Ltd
|
| |
| |
|