August 1, 2024

ThermaPrime buys 3 rigs for EDC

By Lenie Lectura – July 31, 2024 from Business Mirror In photo: The Rig 3 Defender DC Rig 1000hp Drawworks Capacity during testing and commissioning in Texas, USA. Lopez-led ThermaPrime Drilling Corp. (ThermaPrime) is acquiring three more geothermal drilling rigs […]
July 31, 2024

DOE may include liquefied natural gas in auction

By Lenie Lectura – July 31, 2024 from Business Mirror The Department of Energy (DOE) is mulling over the inclusion of liquefied natural gas (LNG) in the fourth round of the Green Energy Auction (GEA). The GEA program was designed […]
July 29, 2024

Benguet seeks nod for coal exploration in Surigao del Sur

By Lenie Lectura – July 29, 2024 from Business Mirror Benguet Corp. (BC) has filed with the Department of Energy (DOE) an application for the exploration of coal resources in Surigao del Sur under the agency’s Philippine Conventional Energy Contracting […]
July 26, 2024

ACEN grants loan guarantee to subsidiary

By Lenie Lectura – July 26, 2024 from Business Mirror ACEN Corp. has signed a P1.92-billion loan agreement with its subsidiary Santa Cruz Solar Energy Inc. to fund the latter’s capital expenditure (capex) for its solar power project in Zambales. […]