August 4, 2022

SMPC profit in Q2 more than doubles

BY LENIE LECTURA – AUGUST 3, 2022 from Business Mirror CONSUNJI-led Mining and Power Corp. (SMPC) booked a 171-percent increase in net income in the second quarter to P10.8 billion from the P4 billion reported a year ago. All-time high […]
August 4, 2022

Samat seeks DOE nod for LNG terminal

BY LENIE LECTURA – AUGUST 3, 2022 from Business Mirror The Department of Energy (DOE) has received an application from Samat LNG Corp. to proceed with its plan to put up a liquefied natural gas (LNG) terminal in Mariveles, Bataan. […]
August 3, 2022

Aboitiz plants to use fuel from Chevron

BY LENIE LECTURA – AUGUST 2, 2022 from Business Mirror Chevron Philippines Inc. (CPI) will supply diesel fuel to nine power plants of Aboitiz Power Corp. CPI, marketers of the Caltex brand of fuels and lubricants, recently signed a contract […]
August 3, 2022

‘High prices, Ukraine war threaten viability of LNG’

BY LENIE LECTURA – AUGUST 2, 2022 from Business Mirror The viability of the liquefied natural gas (LNG) business in the country is unclear due to the spike in prices and the continued tension between Ukraine and Russia, according to […]