November 15, 2019

First Gen 9-month income up 21% to US$217-M

By Myrna M. Velasco – By Myrna M. Velasco from Manila Bulletin With stronger sales from its diminutive 97-megawatt Avion power facility and better financial turnout for subsidiary Energy Development Corporation (EDC), Lopez-owned First Gen Corporation logged 21-percent income jump […]
November 14, 2019

Citing projected power capacity crunch, Meralco prods ERC to act on its PSAs

By Lenie Lectura -November 14, 2019 from Business Mirror FOLLOWING the successful auction via Competitive Selection Process (CSP) of Manila Electric Company’s (Meralco) 1,7000 megawatts (MW) of required capacity, the utility firm is moving to ask regulators to approve the […]
November 14, 2019

Uy’s Udenna gets 45% stake in Malampaya gas

By Alena Mae S. Flores – November 13, 2019 at 07:30 pm from manilastandard.net Udenna Corp. of businessman Dennis Uy has signed an agreement to acquire the entire shareholdings of Chevron Malampaya LLC, a wholly-owned subsidiary of Chevron Philippines Ltd. […]
November 13, 2019

PXP eyes Malampaya facilities to house integrated gas hub

By Lenie Lectura -November 13, 201937 from Business Mirror Part of the Malampaya Deep Water Gas to Power facility in Palawan is seen in this file photo from www.shell.com. UPSTREAM oil and gas company PXP Energy Corp. (PXP) has formalized […]