February 12, 2020

Lopez-led FGen creates 160-million preferred shares, OKs sale of stake in hydro arm

By VG Cabuag & Lenie Lectura – February 12, 2020 from Business Mirror THE board of Lopez-led First Gen Corp. (FGen) has approved the company’s increase in authorized capital stock after it created some 160 million in preferred shares, which […]
February 12, 2020

Firm tells DOE of interest to explore Mindoro-Cuyo basin petrol reserves

By Lenie Lectura -February 12, 2020 from Business Mirror THE Department of Energy (DOE) has received an application to explore petroleum reserves in Mindoro-Cuyo basin, a nominated area submitted by an undisclosed firm. The nomination of an area for exploration […]
February 12, 2020

Did ERC let Iemop collect fees from consumers? Solons ask

By Lenie Lectura -February 12, 2020 from Business Mirror THE House Energy Committee wants to know from the Energy Regulatory Commission (ERC) if it allowed Independent Electricity Market Operator of the Philippines (Iemop) to collect 1 centavo for every kilowatt-hour (kWh) from […]
February 11, 2020

MRC Allied to expand energy portfolio in 2020

By Lenie Lectura -February 11, 2020 from Business Mirror MRC Allied Inc. is gearing up to expand its energy portfolio this year, its top official said Monday. MRC Allied President and CEO Augusto Cosio Jr. is leading the company’s new management team, whose […]