May 3, 2022

SMC unit needs P214B to finish capital projects

BY LENIE LECTURA – MAY 3, 2022 from Business Mirror SMC GLOBAL Power Holdings Corp. (SMCGP) would need P214.8 billion to finish its capital expenditure (capex) projects, including capital-intensive liquefied natural gas (LNG) power plants. In a filing, the power […]
May 3, 2022

‘Semirara has enough coal stocks’

BY LENIE LECTURA – MAY 3, 2022 from Business Mirror As coal demand and prices intensify, Consunji-led Semirara Mining and Power Corp. (SMPC) said Monday it won’t run out of coal reserves even if its coal operating contract (COC) expires […]
April 29, 2022

PXP Energy to pursue other oil, gas exploration projects

BY LENIE LECTURA – APRIL 28, 2022 from Business Mirror Listed upstream oil and gas firm PXP Energy Corp. and its subsidiary, Forum Ltd., will pursue other exploration projects in the country after the Department of Energy (DOE) ordered an […]
April 27, 2022

MGen eyes offshore wind projects

BY LENIE LECTURA – APRIL 26, 2022 from Business Mirror Meralco PowerGen Corp. (MGen) has signified its interest to develop offshore wind power projects and team up with foreign investors. “Yes, we are very interested in offshore wind. These are […]