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 13, 2022

First Gen income down 13% in H1

By Myrna M. Velasco – August 12, 2022, 4:33 PM from Manila Bulletin Owing to disrupted fuel supply in its gas-fired power plants due to the depleting state of the Malampaya gas field, the recurring net income of First Gen […]
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

‘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 […]