Petron, the country’s biggest oil refiner, may close its refinery in Limay, Bataan if the government wouldn’t heed its appeal for a level playing field in the local oil industry, said its...
Albay Rep. Edcel Lagman recently questioned the proposed Php92.3-billion budget to reopen and maintain the mothballed Bataan Nuclear Power Plant (BNPP), branding it as a memorial of greed and corruption during the...
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...
The controversial Bataan Nuclear Power Plant (BNPP) can still operate safely despite not being in use for decades, according to an official of the Philippine Nuclear Research Institute (PNRI). PNRI Director Carlo...
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 government has directed power companies to extend their grace periods and staggered payment schemes with the state of calamity due to the COVID-19 pandemic still in effect. In its advisory, the Department...
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...
