April 26, 2022

Strong sales lift Meralco income

BY LENIE LECTURA – APRIL 25, 2022 from Business Mirror THE Manila Electric Co.’s (Meralco) power generation business and higher electricity sales pushed its first quarter numbers higher this year. During the company’s presentation of its January to March financial […]
April 21, 2021

Texas-based firm seeks DOE nod to start LNG hub project

By Alena Mae S. Flores – April 20, 2021 at 06:50 pm from manilastandard.net Texas-based Excelerate Energy LP has sought the approval of the Department of Energy to start the construction of a liquefied natural gas project in Batangas province […]
March 19, 2020

First Gen net income rose 34% in 2019

By Lenie Lectura -March 19, 2020 from Business Mirror First Gen Corp. posted P15.4 billion in net income last year, up 34 percent from P11.6 billion recorded in 2018, mainly on account of higher electricity sales. The company said on […]
December 8, 2017

Malampaya to last 10 more years

By Alena Mae S. Flores – December 07, 2017 at 09:20 pm from manilastandard.net The Malampaya natural gas field in northwest Palawan, which supplies fuel to three major power plants in Batangas, is expected to continue producing for the next 10 years, an […]