August 19, 2019

3 energy giants vie for Meralco’s 1,200MW greenfield capacity

By Myrna M. Velasco – August 18, 2019, 10:00 PM from Manila Bulletin Three of the country’s major energy firms are advancing interests to join the competitive selection process (CSP) for the 1,200-megawatt (MW) greenfield baseload capacity that power utility […]
September 3, 2018

CNOOC deploys team for LNG deal

By Myrna M. Velasco – September 2, 2018, 10:00 PM from Manila Bulletin CNOOC logo   The China National Offshore Oil Corporation (CNOOC) has deployed its team in firming up a deal with Filipino firm Phoenix Petroleum Philippines, Inc. on […]
August 16, 2017

First Gen income dips 4% to $84 M

By Myrna M. Velasco – August 15, 2017, 10:01 PM from Manila Bulletin Given the lower dispatch of its gas-fired power plants in some months during the first semester, the recurring net income of First Gen Corporation had been down by […]
April 18, 2017

More power plants now on-line (DOE admits summer price hikes)

By Myrna M. Velasco – April 17, 2017, 10:00 PM from Manila Bulletin The Department of Energy (DOE) has admitted that summer months will likely drive up electricity rates for power consumers, but earlier forecasts of continued ‘yellow alerts’ had been […]