August 16, 2021

No turnover plan yet for Ilijan plant, according to PSALM

By Myrna M. Velasco – August 16, 2021, 8:00 AM from Manila Bulletin Even if the build-operate-transfer (BOT) contract for the 1,200-megawatt Ilijan gas-fired plant will expire by June next year, state-run Power Sector Assets and Liabilities Management Corporation (PSALM) […]
August 16, 2021

3 LNG facilities start competing in local market next year

By Myrna M. Velasco – August 13, 2021, 5:34 PM from Manila Bulletin At least three liquefied natural gas (LNG) import facilities that are anchored on floating storage and regasification units (FSRUs) will start competing for the Philippine gas market […]
August 14, 2021

EDC turns over P29 million to LGUs

BY LENIE LECTURA – AUGUST 12, 2021 from Business Mirror File photo shows one of EDC’s 12 integrated geothermal power stations. Energy Development Corp. (EDC) has turned over P29.1 million to the communities and local government units (LGUs) hosting its […]
August 14, 2021

First Gen logs 11% income hike to P7.1B in first half

By Myrna M. Velasco – August 13, 2021, 2:30 PM from Manila Bulletin Lopez-led First Gen Corporation sustained its robust profitability and that enabled it to post 11-percent net income hike in the first half to P7.1 billion ($148 million) […]