Power News

November 10, 2018

Dubai’s Lloyds Energy Group keen on PNOC tie-up on LNG project

By Lenie Lectura – November 9, 2018 from Business Mirror LLOYDS Energy Group of Dubai has submitted a letter of interest to the Philippine National Oil Co. (PNOC) to partner with the state firm for the development of a liquefied natural gas (LNG) […]
November 9, 2018

Semirara earns P8.9 B in 9 months, down 23%

By Myrna M. Velasco – November 8, 2018, 10:00 PM from Manila Bulletin On combined slow down of its coal production and technical-laden breakdown of power plants, the consolidated net income after tax (NIAT) of Semirara Mining and Power Corporation […]
November 9, 2018

DOE crafts security risk assessment metrics on energy assets

By Myrna M. Velasco – November 8, 2018, 10:00 PM from Manila Bulletin The Department of Energy (DOE) is working on policy template and metrics that it can employ to assess security risks of various energy facilities in the country […]
November 9, 2018

Dubai’s Lloyds Energy eyes Batangas LNG hub

By Alena Mae S. Flores – November 08, 2018 at 07:25 pm from manilastandard.net Dubai-based Lloyds Energy submitted a letter of interest to state-run Philippine National Oil Co. to participate in the selection of the agency’s joint-venture partner to design, […]
November 8, 2018

PH seen as key market pushing coal demand growth

By Myrna M. Velasco – November 7, 2018, 10:00 PM from Manila Bulletin HANOI, Vietnam – With many of its greenfield coal plant projects coming on stream between next year until year 2021, the Philippines is seen among the key […]
November 8, 2018

Meralco rates set to increase in November

By Alena Mae S. Flores – November 07, 2018 at 08:15 pm from manilastandard.net Power rates will increase this month by an average of P0.1135 per kilowatt-hour or equivalent to P23 in the monthly bill of households consuming 200 kWh, […]
November 8, 2018

AboitizPower 9-month net income rises 6%

By Lenie Lectura – November 8, 2018 from Business Mirror ABOITIZ Power Corp. (AboitizPower) on Wednesday reported a 25-percent jump in its net income in the third quarter of the year to P7.6 billion, bringing its nine-month income to P16.7 […]
November 8, 2018

MGen hopes for A1E contract OK

By Lenie Lectura – November 8, 2018 from Business Mirror MERALCO PowerGen Corporation (MGen), the power-generation arm of Meralco, remains hopeful that regulators will soon approve the power-supply agreement of the 2×600 megawatt Atimonan One Energy (A1E) plant in Quezon after the […]
November 7, 2018

PMFTC opens $3.1-million solar-power plant in Batangas

By Lenie Lectura – November 7, 2018 from Business Mirror PHILIP Morris Fortune Tobacco Corp. (PMFTC), a joint venture between Philip Morris Philippines Manufacturing Inc. and Fortune Tobacco Corp., on Tuesday inaugurated its $3.1-million solar-power plant inside its 25-hectare manufacturing […]
November 6, 2018

Meralco interested in Mindanao power plant

By Danessa Rivera – November 5, 2018 – 12:00am The Philippine Star MANILA, Philippines — Manila Electric Co. (Meralco) is interested in the Mindanao coal-fired power plant which AC Energy Inc. is selling part of its stake, according to its […]