July 24, 2017

Aboitiz-led EV seeks P30-billion gov’t subsidy

By Myrna M. Velasco – July 22, 2017, 10:01 PM from Manila Bulletin The foray of the Aboitiz group into electric vehicles (EVs) via Singapore-incorporated QEV Technologies will be a “grand plan” of 50,000-EV fleet rollout, but it will also require […]
July 24, 2017

PH shortlists 6 countries for $2-billion LNG facility

By Reuters – Manila Bulletin Published July 21, 2017, 10:00 PM Manila – The Philippines has shortlisted six countries and will choose one from them as a partner for its planned $2-billion receiving and distribution facility for imported LNG, an official […]
July 24, 2017

US power producer to sell 51% interest in Masinloc

By Bloomberg News Business Mirror – JULY 19, 2017 AES Corp. is seeking to sell its controlling stake in the Masinloc power plant in a deal that could value the project at more than $1 billion, people with knowledge of the […]
July 21, 2017

Plant shutdowns to cut Luzon grid’s July-September power supply by 2,000 MW

By Lenie Lectura – July 20, 2017 from Business Mirror ABOUT 2,650 megawatts (MW) of power-generating capacity will be shaved off from the Luzon grid in the July-to-September period, owing to a number of power plants that are scheduled to go offline. The […]