December 14, 2021

Ayala unit to secure P300-M loan

BY LENIE LECTURA – DECEMBER 13, 2021 from Business Mirror ACE Enexor, Inc., the oil and gas arm of the Ayala Group, will borrow a total of P300 million to partly finance its projects including the planned 1,100 megawatt (MW) […]
December 10, 2021

Meralco: Dec rates to rise on higher generation cost

BY BUSINESSMIRROR – DECEMBER 6, 2021 Electricity rates this month could go up due to higher generation charge, the Manila Electric Co. (Meralco) said over the weekend. Power firms that supply Meralco’s requirement have yet to send their final billings […]
December 9, 2021

House leader thumbs down government takeover of Malampaya

BY JOVEE MARIE DE LA CRUZ – DECEMBER 8, 2021 from Business Mirror The Malampaya Deep Water Gas-to-Power Project, located 50 km offshore Northwest Palawan. A LEADER of the House of Representatives on Wednesday rebuffed the call of a business […]
December 8, 2021

SMC power unit sets sights on massive LNG projects

BY LENIE LECTURA – DECEMBER 7, 2021 from Business Mirror The power arm of conglomerate San Miguel Corp. (SMC) has informed the Department of Energy (DOE) of its plan to put up massive liquefied natural gas (LNG) projects with a […]