March 1, 2024

First Gen reviewing fourth LNG shipment

By Alena Mae S. Flores – February 29, 2024, 8:35 pm from manilastandard.net First Gen Corp. said Thursday it may not pursue the delivery of its fourth imported liquefied natural gas (LNG) cargo without a firm commitment from Manila Electric […]
March 1, 2024

PXP Energy reports wider net loss

By Alena Mae S. Flores – February 29, 2024, 8:20 pm from manilastandard.net PXP Energy Corp. said Thursday its core net loss widened to P42.5 million in 2023 from P22 million in 2022 on lower margins from the Galoc operations, […]
February 29, 2024

Semirara’s earnings ease to P27.9b on lower selling prices of coal, energy

By Alena Mae S. Flores – February 28, 2024, 8:20 pm from manilastandard.net Integrated energy company Semirara Mining and Power Corp. (SMPC) said Wednesday it posted P27.9 billion in consolidated net income in 2023, a 30-percent decline from P39.9 billion […]
February 29, 2024

Aboitiz Power pursues expansion of TVI coal project

By Alena Mae S. Flores – February 28, 2024, 8:10 pm from manilastandard.net Aboitiz Power Corp. will award next month the engineering, procurement and construction (EPC) contracts for subsidiary Therma Visayas Inc.’s planned coal expansion in Toledo, Cebu. “We are […]