March 14, 2019

First Gen registers $243-million net income last year

By Lenie Lectura – March 14, 2019 from Business Mirror   FIRST Gen Corp. posted $243 million in net income last year, up 51 percent from the previous year, driven by the strong contribution of its natural gas business. It […]
March 14, 2019

Mandaluyong court stops More from taking over Peco

By Alena Mae S. Flores – March 13, 2019 at 08:50 pm from manilastandard.net The Mandaluyong Regional Trial Court issued a 20-day temporary restraining order preventing More Electric Power Corp. from expropriating and taking over the distribution assets of Panay […]
March 14, 2019

Delay in Energy World Corp. power plant disrupts DOE’s supply plan

By Danessa Rivera – March 13, 2019 – 12:00am from The Philippine Star MANILA, Philippines — The delay in the gas-fired power plant of Australian firm Energy World Corp. (EWC)  “hurts” the Department of Energy’s power supply planning, DOE Secretary […]
March 13, 2019

Tanglawan targets to start LNG hub construction in May

By Danessa Rivera – March 12, 2019 – 12:00am The Philippine Star MANILA, Philippines — Tanglawan Philippine LNG Inc., the prospective partnership among Phoenix Petroleum Philippines Inc., state-run Philippine National Oil Co. (PNOC) and CNOOC Gas and Power Group Co. […]