December 23, 2020

ERC sets hearing on NGCP network charge to pay for 2019 damage

By Angelica Y. Yang – December 21, 2020 | 7:38 pm from Business World PHILSTAR/EDD GUMBAN THE Energy Regulatory Commission (ERC) will hold a virtual hearing next year to assess the National Grid Corp. of the Philippines’ (NGCP) request to […]
December 22, 2020

First Gen: 3 firms advance to next stage of FSRU tender

By VG Cabuag – December 22, 2020 from Business Mirror File photo: First Gen’s natural gas power plants in Batangas Lopez-led First Gen Corp. on Monday said it will accelerate the introduction of liquefied natural gas (LNG) in the country […]
December 22, 2020

M2DC buys stake in Basic Energy

By VG Cabuag – December 22, 2020 from Business Mirror MAP 2000 Development Corp. (M2DC) is acquiring a majority stake in Basic Energy Corp., the energy company led by the De Venecia Group. In its disclosure, a memorandum of agreement […]
December 22, 2020

No foreign firm takers of PH geothermal blocks yet

By Myrna M. Velasco – December 22, 2020, 7:00 AM from Manila Bulletin Despite the perceived low capitalization of US$50 million dangled to foreign investors for integrated geothermal resource exploration and power plant development in the country, the Department of […]