Lopez-led First Gen Corporation is supplying geothermal power to Philippine Bio-Industries, Inc. (PBI), one of the country’s biggest exporters of refined carrageenan blends. PBI, through..
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The 1,200-megawatt Ilijan gas-fired power plant’s build-operate-transfer (BOT) contract will expire in June next year, but the Power Sector Assets and Liabilities Management Corporation (PSALM)..
Pilipinas Shell Petroleum Corporation, the country’s second-largest oil firm, posted a Php1.2 billion profit in the second quarter, a reversal from Php1.12 billion loss in the..
AC Energy (ACEN) and UPC Solar Asia Pacific, through joint venture company UPC-AC Energy Solar, plans to build 420 megawatt-peak (MWp) or 300 megawatt-alternating current..
The Department of Energy (DOE) is re-calculating the cost impact of the Malampaya gas field’s preventive maintenance shutdown this October to also account for the..
Sen. Sherwin Gatchalian said that the government should put up the Malampaya gas-to-power project for auction once its Service Contract (SC) 38 expires in 2024...
Government-owned Philippine National Oil Company (PNOC) said it has begun looking into the possible development of fuel, electricity, or both from deuterium. Deuterium is a..
Udenna Group unit Malampaya Energy XP Pte. Ltd. (MEXP) said it is prepared to increase its investments in new exploration and enhancement technologies to boost..
The Department of Energy (DOE) will “extensively review” a Udenna Group unit’s purchase of Chevron’s 45% stake in the Malampaya gas facility after the Senate..
Since a non-technical buyer is expected to take over the Malampaya gas-to-power project, Shell Philippines Exploration B.V. (SPEX) said that will undergo a “six-month transition..
