June 19, 2018

First Gen embarks onP10-B buy-back program for preferred shares

By Myrna M. Velasco – June 18, 2018, 10:00 PM from Manila Bulletin As part of its financial de-leveraging strategy, First Gen Corporation is embarking on a two-year share buy-back program that will cover up to P10 billion of the […]
June 19, 2018

Cusi seeks audit of P75-B energy subsidy fund

By Myrna M. Velasco – June 18, 2018, 10:00 PM from Manila Bulletin Energy Secretary Alfonso G. Cusi is proposing an audit of the P74.883 billion worth of collections on universal charge for missionary electrification (UCME), as he noted that […]
June 19, 2018

Ombusman ruling to derail power projects

By Alena Mae S. Flores – June 18, 2018 at 07:55 pm from manilastandard.net The new three-month suspension of the four commissioners of the Energy Regulatory Commission by the Office of the Ombudsman could derail future power projects. “That’s a […]
June 19, 2018

EWC’s LNG plant in Quezon operational by year-end

By Lenie Lectura – June 18, 2018 from Business Mirror THE first unit of Energy World Corp.’s (EWC) liquefied natural gas (LNG) terminal in Pagbilao, Quezon, would be ready by the end of this year. “Hopefully, if all goes well, we […]