December 25, 2024

Tycoons get PCC nod for $3.3 billion LNG deal

By Brix Lelis – December 24, 2024 | 12:00am from The Philippine Star The Philippine Competition Commission (PCC) has approved the $3.3-billion liquefied natural gas (LNG) deal among tycoons Manuel V. Pangilinan, Ramon Ang and Sabin Aboitiz, a landmark development […]
December 17, 2024

How First Gen is expanding its portfolio to meet PHL’s power demand

By Sheldeen Joy Talavera – December 17, 2024 | 12:05 am from Business World FIRST GEN Corp. is diversifying its energy portfolio to meet the Philippines’ power demand, with a strong focus on renewable energy sources like geothermal and solar. […]
November 27, 2024

MGen’s PacificLight allots $900 million, to bid for 600-MW Singapore plant

By Brix Lelis – November 27, 2024 | 12:00am from The Philippine Star MGen currently owns 58 percent of PacificLight, its joint venture with Hong Kong-based conglomerate First Pacific Co. Ltd. Jurong Island, SINGAPORE— PacificLight Power Pte. Ltd., controlled by […]
November 21, 2024

First Gen completes new LNG cargo delivery

By Brix Lelis – November 21, 2024 | 12:00am from The Philippine Star MANILA, Philippines —  Lopez-led First Gen Corp. has received its fifth shipment of liquefied natural gas (LNG) from Singapore-based Shell Eastern Trading Pte. Ltd. On the sidelines […]