May 3, 2019

PSALM pays P7.8-million damages from power-barge oil spill

By Lenie Lectura – May 3, 2019 from Business Mirror THE Power Sector Assets and Liabilities Management Corp. (PSALM) disbursed P340,428 worth of indemnities, bringing to P7.8 million the total compensation to individuals, families and enterprises affected by the Power […]
May 2, 2019

Ayala to keep PHINMA Energy a listed firm

By Madelaine B. Miraflor – May 1, 2019, 10:00 PM from Manila Bulletin As it mulls the possibility of going public, AC Energy, the power unit of Philippines-based conglomerate Ayala Corporation, is keeping PHINMA Energy Corporation (PHEN) as a listed […]
May 2, 2019

First Gen to break ground on US$1.0-B LNG terminal project

By Myrna M. Velasco – May 1, 2019, 10:00 PM from Manila Bulletin After years of pre-development works, the planned US$1.0- billion liquefied natural gas (LNG) terminal project of First Gen Corporation will finally break ground as targeted by the […]
May 2, 2019

PHL’s first coal-fired plant with supercritical tech to be completed by September

By Lenie Lectura – May 2, 2019 from Business Mirror THE country’s first coal-fired power plant to use supercritical technology is on track for completion in September this year. “San Buenaventura Power Ltd. (SBPL) is at 99.29-percent EPC (engineering, procurement, construction) […]