(EnergyAsia, October 4 2010, Monday) — Winsway Coking Coal Holdings Ltd said it raised about HK$3.66 billion through the sale of 990 million shares in an initial public offering in Hong Kong last week. (US$1=HK$7.75). Winsway, which processes and transports coal from Mongolia into China, offered its share at HK$3.70 apiece, and has an option...

(EnergyAsia, October 4 2010, Monday) — Australia’s Cougar Energy Limited said a Chinese firm, Shanghai Limitedless Investment Group Co Ltd (SLI), is buying a stake in the company and investing in underground coal gasification (UCG) projects in China. SLI has executed a strategic arrangement through its fully-owned Australian subsidiary, Limitedless International Holdings Pty Ltd (LIH),...