December 22, 2020

First Gen: 3 firms advance to next stage of FSRU tender

By VG Cabuag – December 22, 2020 from Business Mirror File photo: First Gen’s natural gas power plants in Batangas Lopez-led First Gen Corp. on Monday said it will accelerate the introduction of liquefied natural gas (LNG) in the country […]
December 22, 2020

M2DC buys stake in Basic Energy

By VG Cabuag – December 22, 2020 from Business Mirror MAP 2000 Development Corp. (M2DC) is acquiring a majority stake in Basic Energy Corp., the energy company led by the De Venecia Group. In its disclosure, a memorandum of agreement […]
December 22, 2020

No foreign firm takers of PH geothermal blocks yet

By Myrna M. Velasco – December 22, 2020, 7:00 AM from Manila Bulletin Despite the perceived low capitalization of US$50 million dangled to foreign investors for integrated geothermal resource exploration and power plant development in the country, the Department of […]
December 21, 2020

Meralco extends payment deadline

By Alena Mae S. Flores – December 20, 2020 at 08:15 pm from manilastandard.net Power retailer Manila Electric Co. said over the weekend customers received a one-month disconnection reprieve as it extended the no-disconnection policy for non-payment of bills from […]