December 26, 2022

ERC in consultations for proposed measures to deal with Malampaya shutdown in Feb.

By Ashley Erika O. Jose – December 25, 2022 | 7:45 pm from Business World BW FILE PHOTO THE ENERGY Regulatory Commission (ERC) said it is currently in consultations to come up with measures that will mitigate the scheduled Malampaya […]
November 30, 2022

First Gen sets redemption of P4.7 B worth of preferred shares

By Myrna M. Velasco – November 29, 2022, 9:52 AM from Manila Bulletin Lopez-led First Gen Corporation has scheduled for December the redemption of various preferred shares worth P4.7 billion by its investors, as approved by the company’s board of […]
October 17, 2022

PNOC-EC allots big chunk of budget for exploration

BY LENIE LECTURA – OCTOBER 17, 2022 from Business Mirror THE Philippine National Oil Co.-Exploration Corp. (PNOC-EC) is earmarking a budget of P10.68 billion for next year. Of the amount, P6.9 billion will be utilized to pursue exploration activities related […]
September 26, 2022

‘Local LNG sector to grapple with high prices, uncertainty’

BY LENIE LECTURA – SEPTEMBER 26, 2022 from Business Mirror   The Institute for Energy Economics and Financial Analysis (IEEFA) has warned that the Philippines risks becoming significantly exposed to the extreme volatility of global liquefied natural gas (LNG) markets. […]