July 26, 2018

Korean firm signifies interest to build LNG terminal

By Lenie Lectura – July 24, 2018 from Business Mirror ANOTHER foreign firm has expressed interest to develop the country’s liquefied natural gas (LNG) integrated terminal. Energy Assistant Secretary Leonido Pulido identified on Tuesday the foreign firm from South Korea. “Posco Daewoo Corp. […]
July 25, 2018

NEA: P1.3B extended to co-ops in H1

By Jordeene Sheex Lagare – July 25, 2018 from The Manila Times THE National Electrification Administration (NEA) granted loans worth P1.294 billion to at least 46 electric cooperatives in the first half of 2018 for their electrification and rehabilitation projects. […]
July 25, 2018

Ayala weighs thermal assets’ equity sale

By Myrna M. Velasco – July 24, 2018, 10:00 PM from Manila Bulletin The energy investment group of the Ayala group has reportedly “suspended for the meantime” its planned equity sell-down on its thermal power assets, according to sources privy […]
July 25, 2018

PSALM receivables from Ilijan gas-fed plant soar to P22.396 B

By Myrna M. Velasco – July 24, 2018, 10:00 PM from Manila Bulletin State-run Power Sector Assets and Liabilities Management Corporation (PSALM) has jacked up its receivables or the outstanding dues of the 1,200-megawatt Ilijan gas-fired power plant to P22.396 […]