August 22, 2022

San Miguel power unit buys PNOC banked gas for $1.2B

BY LENIE LECTURA – AUGUST 22, 2022 from Business Mirror South Premiere Power Corp. (SPPC), a unit of SMC Global Power Holdings Corp. (SMCGP), purchased the remaining banked gas of the Philippine National Oil Co. (PNOC) for $1.2 billion. “We […]
August 19, 2022

Former SPEX exec joins Prime Infra

BY LENIE LECTURA – AUGUST 18, 2022 from Business Mirror Sebastian C. Quiniones Jr. The former general manager and managing director of Shell Philippines Exploration B.V. (SPEX) has joined a Razon-led firm that made an offer to be the new […]
August 18, 2022

Meralco seeks bids for power deal

BY LENIE LECTURA – AUGUST 17, 2022 from Business Mirror The Manila Electric Co. (Meralco) is soliciting bid offers to challenge the unsolicited proposal of Solar Philippines Batangas Baseload Corp.’s (SPBBC) 200 megawatts (MW) of baseload supply starting 2024. The […]
August 17, 2022

SMC power unit allots P133B for capital projects

BY LENIE LECTURA – AUGUST 16, 2022 from Business Mirror SMC Global Power SMC Global Power Holdings, Corp. (SMCGP) said Tuesday over P133 billion has been authorized for capital projects but the amount has yet to be disbursed. “The outstanding […]