November 5, 2018

Power firms nix’ walk-away’ clause in supply contracts

By Myrna M. Velasco – November 4, 2018, 10:00 PM from Manila Bulletin Power companies are objecting the proposed rules precluding “walk-away provisions” in power supply agreements (PSAs) as this will be in violation of their rights to “freely contract.” […]
November 3, 2018

DOE taps IFC in evaluating LNG projects

By Myrna M. Velasco – November 2, 2018, 10:00 PM from Manila Bulletin SINGAPORE – As the Department of Energy (DOE) had already firmed up the shortlist of the investor-groups it has been considering to set up the country’s liquefied […]
October 31, 2018

3 ‘serious’ investors for LNG import terminal in shortlist

By Myrna M. Velasco – October 30, 2018, 10:00 PM from Manila Bulletin Three-investor groups have already stepped up and made formal offer to the Philippine government on their plans to set up the country’s liquefied natural gas (LNG) import […]
October 29, 2018

Meralco fears cost swell on weak peso

By Myrna M. Velasco – October 28, 2018, 10:00 PM from Manila Bulletin With swelling exchange rates and the weakening peso, power utility giant Manila Electric Company (Meralco) raised fears that this will trigger unwarranted costs escalation in overall capital […]