May 10, 2018

First Gen’s planned $1-billion LNG plant to be completed in 4 years

By Lenie Lectura – May 9, 2018 from Business Mirror LOPEZ-LED First Gen Corp.’s planned $1-billion LNG (liquefied natural gas) facility is in its “most advanced state of development” compared to the LNG plans of other firms. “Why do I say […]
May 9, 2018

Meralco customers to get lower power rates in May

By Alena Mae S. Flores – May 08, 2018 at 07:50 pm from manilastandard.net Power consumers will enjoy lower electricity rates in May, after the cost of generation decreased, retailer Manila Electric Co. said Tuesday. Meralco said in a statement […]
May 9, 2018

EDC Q1 earnings dropped 54% to P1.5B

By Lenie Lectura – May 8, 2018 from Business Mirror THE Energy Development Corp. (EDC) vowed to increase the efficiency and reliability of its assets after the company reported a 54-percent drop in first-quarter earnings on Tuesday. Net income for the […]
May 8, 2018

Siemens eyes power generation venture (To serve PH industrial zones)

By Myrna M. Velasco – Updated May 7, 2018, 10:24 PM from Manila Bulletin BERLIN, Germany – Siemens AG, which is generally into supplying turbines and turnkey contractor of energy plants, is eyeing this time to venture into power generation, […]