August 4, 2022

SMPC profit in Q2 more than doubles

BY LENIE LECTURA – AUGUST 3, 2022 from Business Mirror CONSUNJI-led Mining and Power Corp. (SMPC) booked a 171-percent increase in net income in the second quarter to P10.8 billion from the P4 billion reported a year ago. All-time high […]
August 3, 2022

Aboitiz plants to use fuel from Chevron

BY LENIE LECTURA – AUGUST 2, 2022 from Business Mirror Chevron Philippines Inc. (CPI) will supply diesel fuel to nine power plants of Aboitiz Power Corp. CPI, marketers of the Caltex brand of fuels and lubricants, recently signed a contract […]
August 3, 2022

‘High prices, Ukraine war threaten viability of LNG’

BY LENIE LECTURA – AUGUST 2, 2022 from Business Mirror The viability of the liquefied natural gas (LNG) business in the country is unclear due to the spike in prices and the continued tension between Ukraine and Russia, according to […]
August 3, 2022

Razon firm expands power distribution in Iloilo

By Myrna M. Velasco – August 2, 2022, 2:17 PM from Manila Bulletin Razon-led MORE Electric and Power Corporation will be expanding its power distribution business in Iloilo province, after the proposed amendments to its 25-year power utility franchise had […]