May 18, 2018

Phinma Petroleum takes loss on interest in SC 51 in East Visayas

By Lenie Lectura – May 17, 2018 from Business Mirror PHINMA Petroleum and Geothermal Inc. (PPG) will take a loss on its interest in an exploration service contract after the company decided to withdraw from it. The company said on Thursday that […]
May 17, 2018

SMC open to partnership with First Gen for LNG hub

By Lenie Lectura – May 16, 2018 from Business Mirror CONGLOMERATE San Miguel Corp. (SMC) is open to the possibility of partnering with Lopez-led First Gen Corp. to pursue both firms’ interest to venture into liquefied petroleum gas (LNG). There […]
May 17, 2018

2 groups of ECs forge partnership to boost government’s rural-electrification program

By Lenie Lectura – May 16, 2018 from Business Mirror TWO groups of electric cooperatives (ECs) formed a strategic partnership with the aim of pushing the electrification agenda forward in the national policy-making discussion as well as addressing recent challenges […]
May 17, 2018

RSA expects Ilijan power plant to be turned over to SMC unit

By Lenie Lectura – May 16, 2018 from Business Mirror BUSINESSMAN Ramon S. Ang said the 1,200-megawatt (MW) Ilijan combined-cycle power plant should be turned over to the power unit of San Miguel Corp. (SMC) after the lapse of the build-operate-transfer […]