First Gen Corporation, through its subsidiary FGEN LNG Corporation, is making progress towards the construction of its offshore liquefied natural gas (LNG) terminal project in Batangas. The project has finished its planning phase...
Lopez Holdings will continue to be listed in the Philippine Stock Exchange (PSE) after withdrawing its earlier petition for a voluntary delisting. In a disclosure to the PSE, Lopez Holdings — which...
First Gen Hydro Power Corporation (FGHPC), a subsidiary of Lopez-owned First Gen Corporation, is investing Php6 billion to build the the 120-megawatt Aya pumped-storage project in Pantabangan, Nueva Ecija. In its report to the...
Aboitiz Power Corporation remains the country’s top power generating firm, closely followed by San Miguel Corporation, based on the latest data from the Department of Energy (DOE). The DOE, in its 37th Electric...
Companies involved in the up and coming liquefied natural gas (LNG) industry are seeking more incentives to help develop and sustain the country’s natural gas sector. LNG industry players raised their incentive...
FGEN LNG Corporation (FGEN LNG), a subsidiary of Lopez-owned First Gen Corporation, said it has selected three European bidders to continue on to the next stage of its binding tender process for...
The Lopezes’ main holding firm is set to return to full private control in a bid to consolidate ownership and simplify corporate structure. Lopez Holdings, which trades under the ticker LPZ, proposed...
Energy Sec. Alfonso Cusi defended the $50 million capital requirement for foreign companies entering the country’s geothermal sector, which was deemed to be “negligible.” Cusi pointed out that $50 million has been the amount...
First Gen Corporation, the Lopez Group‘s power generation company, suffered a 12% decline in its net income in the first three quarters of 2020 at Php9.6 billion from Php11.3 billion in the...
With the depleting resources in the Malampaya gas field, the Department of Energy (DOE) has given the green light to four companies to build liquefied natural gas (LNG) terminal projects. The companies...
