Senate energy committee chairman Sherwin Gatchalian urged the government and energy players to begin exploration for new sources of natural gas with lesser production coming from the Malampaya gas field. “Maghanap pa
After stepping down as director of FirstGen Corporation, Eugenio “Gabby” Lopez III also left his post as Vice Chairman and Director of Lopez Holdings Corporation, together with his uncle Oscar Lopez, who
The Malampaya Deep Water Gas-to-power Project has posted an all-time high gas production at 155.495 billion standard cubic feet (scf) in 2019, based on data from the Department of Energy (DOE). This
UPC\AC Australia, a joint venture (JV) between Ayala Corporation’s AC Energy and Australia-based UPC Renewables has tapped a contractor for the engineering, procurement and construction (EPC) of the first stage of its 720-megawatt
The Udenna Group of Davao-based businessman Dennis Uy wants total control of the Malampaya natural gas project by acquiring Shell’s 45% stake, bringing him into a three-way clash with the MVP Group
State-run Power Sector Assets and Liabilities Management Corporation (PSALM) is gearing up for the sale of its 50,447 square meter property in Mexico, Pampanga. PSALM has positioned the Php803.2 million property as “suitable
Corporate rivals Manny V. Pangilinan and Ramon S. Ang may be going head-to-head again, this time in the energy arena, as Pangilinan’s MVP Group and Ang’s San Miguel Corporation (SMC) have expressed
The National Grid Corporation of the Philippines (NGCP) is re-assessing the impact of the COVID-19 pandemic on its big ticket projects. In a statement, NGCP said it eagerly looks forward to completing
AC Energy (ACEN), the Ayalas’ power unit, will invest Php250 million in subsidiary firm Buendia Christiana Holdings Corporation (BCHC) through a shares subscription arrangement. In a disclosure to the Philippine Stock Exchange, ACEN
State-run Power Sector Assets and Liabilities Management Corporation (PSALM) once again declared a failure in its attempt to sell the 650-megawatt Malaya Thermal Power Plant (MTPP) in Pililla, Rizal despite cutting its price
