May 27, 2021

First Gen borrows $308 million from 4 banks

BY LENIE LECTURA – MAY 27, 2021 from Business Mirror File photo: First Gen’s natural gas power plants in Batangas First Gen Corp. (First Gen) has sealed a $308-million loan from four banks to refinance its debts and partly fund […]
May 27, 2021

DoE calls stake sale in Malampaya operator a ‘private transaction’

By Angelica Y. Yang – May 24, 2021 | 8:05 pm from Business World PHILSTAR THE Department of Energy (DoE) said Monday that the sale of Malampaya gas field operator Shell Philippines Exploration B.V.’s (SPEx) participating interest to Udenna Corp. […]
May 27, 2021

House committee approves bill extending term of joint energy commission

By Angelica Y. Yang – May 24, 2021 | 8:03 pm from Business Mirror THE HOUSE Committee of Energy approved a bill that will extend the term of the joint congressional energy commission (JCEC), an oversight body in charge of […]
May 26, 2021

Electricity demand in Meralco franchise area grew in April

BY LENIE LECTURA – MAY 26, 2021 from Business Mirror Electricity demand in the franchise area of the Manila Electric Co. (Meralco) for April this year has improved versus April 2020 as government ramps up its Covid-19 vaccination drive. Meralco […]