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 parent firm W Hydrocolloids, Inc. (WHI), recently...
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 effects of the rising peso-dollar exchange rate...
The Department of Energy (DOE) is preparing for the impending shutdown of the Malampaya gas field this October, which is expected to trigger a hike in electricity rates. Given this, the agency...
The National Grid Corporation of the Philippines (NGCP) is eyeing the conversion of 35 “non-firm” contracts to firm-based arrangements for the provision of reserves or ancillary services (AS) to the power grid,...
First Gen Corporation is providing the exclusive Manila Polo Club with power from renewable energy (RE), specifically geothermal power, as part of the club’s sustainability program and to support the government’s energy...
The country’s energy sector is gearing up for a “triple whammy” next year, especially in the peak demand months of summer due to high chances of continued forced outages, the derating of...
Over a week after the gas restriction from Malampaya was lifted, production was once again limited on Monday, affecting the country’s five gas-fired power plants and posing another supply shortage in the...
Luzon, including Metro Manila, may be experiencing another round of rotating brownouts in the fourth quarter with the 20-day turnaround shutdown of the Malampaya gas-to-power project this October. Based on a Manila...
The Securities and Exchange Commission (SEC) has favorably considered Lopez-led Energy Development Corporation’s (EDC) public offering of up to Php15 billion in fixed-rate ASEAN green bonds. On Tuesday, the commission en banc...
Lopez-led First Gen Corporation has signed a ten-year time charter party with Maersk affiliate Svitzer for towage and vessel support service requirements of its interim offshore liquefied natural gas (LNG) terminal project...
