August 2, 2024

Energy giants see no hitches in securing PCC okay for LNG deal

By Lisbet K. Esmael @lisbetesmael – Aug. 2, 2024 from Philippine Daily Inquirer The country’s three energy powerhouses hope to receive within the third quarter a nod from the Philippine Competition Commission (PCC) for their $3.3-billion deal, which targets to […]
August 1, 2024

SPNEC taking foreign partner in P200-b project

By Alena Mae S. Flores – July 31, 2024, 7:40 pm from manilastandard.net SP New Energy Corp. (SPNEC) expects to take in a foreign joint venture partner in Terra Solar Philippines Inc. by the end of the month, a top […]
August 1, 2024

P5.3-billion RCBC loan to fund build of wind power units

By Lenie Lectura – July 31, 2024 from Business Mirror ALTERNERGY Holdings Corp. (Alternergy) announced it has secured a P5.3-billion loan from the Rizal Commercial Banking Corp. (RCBC) to partly finance the construction of the 64-megawatt (MW) Alabat wind power […]
August 1, 2024

ThermaPrime buys 3 rigs for EDC

By Lenie Lectura – July 31, 2024 from Business Mirror In photo: The Rig 3 Defender DC Rig 1000hp Drawworks Capacity during testing and commissioning in Texas, USA. Lopez-led ThermaPrime Drilling Corp. (ThermaPrime) is acquiring three more geothermal drilling rigs […]