May 4, 2021

SMPC presses ‘cost claims’ vs GE on Calaca plant shutdown

By Myrna M. Velasco – May 4, 2021, 6:30 AM from Manila Bulletin Consunji-led Semirara Mining and Power Corporation (SMPC) is pressing its ‘cost claims’ against its equipment supplier – American firm GE, on the extended shutdown of unit 2 […]
May 3, 2021

Malampaya revenues top $11.9B

By Myrna M. Velasco – May 3, 2021, 7:00 AM from Manila Bulletin The revenues yielded by the country’s Malampaya gas production facility already topped $11.9 billion (equivalent to P573 billion at prevailing peso-dollar exchange rate) with the national government […]
May 3, 2021

Meralco rate to go up in May billing

By Myrna M. Velasco – May 3, 2021, 6:30 AM from Manila Bulletin As weather temperatures rise, so as the electricity rates that consumers will be paying in their May billing cycle. Power utility giant Manila Electric Company (Meralco) indicated […]
April 30, 2021

Vires Energy admits FSRU ‘info lapse’ in LNG facility application

By Myrna M. Velasco – April 29, 2021, 2:58 PM from Manila Bulletin Project sponsor-firm Vires Energy Corporation (VEC), a subsidiary of listed firm A. Brown Company Inc., has formally admitted to the Department of Energy (DOE) the information lapse […]