December 23, 2019

DOE lists recommendations for lifting SMPC suspension

By Lenie Lectura -December 23, 2019 from Business Mirror THE Department of Energy (DOE) has laid down recommendations that will lead to the lifting of the suspension order earlier imposed on Semirara Mining and Power Corp. (SMPC). Among the recommendations […]
December 23, 2019

Lucio Tan group prods DOE on go-ahead for LNG project

By Lenie Lectura -December 23, 2019 from Business Mirror THE group of Lucio Tan is seeking the go-ahead of the Department of Energy (DOE) for its planned LNG (liquefied natural gas) project. “They applied for NTP (notice to proceed) already,” […]
December 20, 2019

AC Energy, Ingrid Power ink share subscription deal

By Lenie Lectura -December 20, 2019 from Business Mirror AC Energy Philippines Inc. (ACEPH) signed a deal with Ingrid Power Holdings Inc., formerly AC Energy DevCo. Inc., for the subscription of common and preferred shares valued at P570 million. “ACEPH […]
December 19, 2019

PNOC-EC matches Udenna’s offer for Malampaya stake

By Lenie Lectura -December 19, 2019 from Business Mirror Malampaya gas field in offshore Palawan The Philippine National Oil Co.-Exploration Corp. (PNOC-EC) has exercised its right to match the offer of Dennis Uy-led Udenna Corp. (UC) for the purchase of […]