March 14, 2024

PH electricity pricing: Is imported LNG pricier than Malampaya gas?

By Ray S. Eñano – March 13, 2024, 6:45 pm from manilastandard.net “The Malampaya gas producer believes so—but Meralco thinks otherwise.” The results of the supply auction for 1,200 megawatts of electricity have elicited mixed responses from contending major generation […]
March 5, 2024

Meralco, Aboitiz sign LNG joint venture

By Alena Mae S. Flores – March 4, 2024, 8:55 pm from manilastandard.net MERALCO PowerGen Corp. (MGen) of Manila Electric Co. and Therma NatGas Power Inc. (TNGP) of Aboitiz Power Corp. signed an investment agreement to acquire Chromite Gas Holdings […]
March 4, 2024

San Miguel selling 2 power plants to Meralco, Aboitiz unit for over $3b

By Alena Mae S. Flores – March 3, 2024, 9:50 pm from manilastandard.net Meralco PowerGen Corp. and Aboitiz Power Corp. said they are jointly investing in two of San Miguel Global Power Holdings Corp.’s gas-fired power plants in a deal […]
March 4, 2024

MGen, Aboitiz, San Miguel forge landmark energy deal

By Alena Mae S. Flores – March 3, 2024, 12:50 pm from manilastandard.net Ramon S. Ang and Manny V. Pangilinan Meralco PowerGen Corp. and Aboitiz Power Corp. announced they will jointly invest in two of San Miguel Global Power Holdings […]