May 18, 2018

Phinma Petroleum takes loss on interest in SC 51 in East Visayas

By Lenie Lectura – May 17, 2018 from Business Mirror PHINMA Petroleum and Geothermal Inc. (PPG) will take a loss on its interest in an exploration service contract after the company decided to withdraw from it. The company said on Thursday that […]
May 17, 2018

SMC open to partnership with First Gen for LNG hub

By Lenie Lectura – May 16, 2018 from Business Mirror CONGLOMERATE San Miguel Corp. (SMC) is open to the possibility of partnering with Lopez-led First Gen Corp. to pursue both firms’ interest to venture into liquefied petroleum gas (LNG). There […]
May 10, 2018

First Gen’s planned $1-billion LNG plant to be completed in 4 years

By Lenie Lectura – May 9, 2018 from Business Mirror LOPEZ-LED First Gen Corp.’s planned $1-billion LNG (liquefied natural gas) facility is in its “most advanced state of development” compared to the LNG plans of other firms. “Why do I say […]
April 30, 2018

Government bares schedule of LNG construction

By Alena Mae S. Flores – April 29, 2018 at 07:10 pm from manilastandard.net The government plans to start construction of a planned $2-billion integrated liquefied natural gas terminal in the last quarter of the year or early 2019, an […]