September 30, 2021

Malampaya operator required to drill one well next year

By Myrna M. Velasco – September 29, 2021, 4:07 PM from Manila Bulletin The operator of the Malampaya gas field will need to drill one well next year, but that will not be a precondition for license extension of the […]
September 29, 2021

Dennis Uy firm has ‘negative working capital’ for Malampaya field

By Myrna M. Velasco – September 28, 2021, 4:15 PM from Manila Bulletin UC Malampaya Philippines Ptd. Ltd. (UC MPPL), a company of Davao businessman Dennis Uy that bought the 45-percent shareholdings of American energy giant Chevron Corporation in the gas field […]
September 28, 2021

Aboitiz Power sells 25% to Japan’s JERA for $1.46 B

By James A. Loyola – September 27, 2021, 3:55 PM from Manila Bulletin Aboitiz Equity Ventures (AEV) is selling a 25.01 percent stake in Aboitiz Power Corporation (AboitizPower) to JERA Co. Inc., Japan’s largest power producer, for $1.146 billion in […]
September 28, 2021

7 groups keen on running 165-MW Casecnan hydroplant

By Alena Mae S. Flores – September 27, 2021 at 07:45 pm from manilastandard.net Seven companies expressed interest to participate in the bidding for the operation and maintenance service contract of the 165-megawatt Casecnan hydroelectric power plant in Nueva Ecija […]