The Department of Energy (DOE) is set to convene gas sector stakeholders in the gas sector in a bid to resolve the gas restriction from the Malampaya field in Palawan. Based on...
Malacanang has ordered the Energy Regulatory Commission (ERC), Department of Justice (DOJ), and the Philippine Competition Commission (PCC) to help the Department of Energy (DOE) in its investigation of 17 generation companies...
A total of Php82.9 will be invested for the development of liquefied natural gas (LNG) terminal projects in the country, according to the Department of Energy (DOE). Lucio Tan’s Batangas Clean Energy...
Lopez-led First Gen Corporation recently said over that it plans to open the 1,200-megawatt (MW) Santa Maria natural gas power plant in Batangas either by late 2024 or early 2025. First Gen...
First Gen Corporation announced that it has signed six-year term loan facilities amounting to $308 million (around Php14.8 billion) with four banks primarily to repay the existing debts of its 500-megawatt (MW)...
First Gen Corporation has confirmed its interest in purchasing the Philippine National Oil Company’s (PNOC) “banked gas” from the Malampaya gas field worth Php33 billion to Php38 billion. In a disclosure to...
Less than a week after Davao-based tycoon Dennis Uy secured control of the Malampaya gas-to-power project, Phoenix Petroleum — a firm under his Udenna Group — is said to be offering to...
Energy Development Corporation (EDC) will continue to develop geothermal projects overseas despite the delays it encountered due to the COVID-19 pandemic. The Lopez-led firm said that it is still keen on tapping...
Lopez-led First Gen Corporation is allocating about $530 million (around Php25.4 billion) in capital expenditures (capex) for this year to mostly fund geothermal, gas, and hydro projects this year. First Gen CFO...
Lopez-led Energy Development Corp. (EDC) said it recorded a Php9.85 billion in recurring net income attributable to equity holders of the parent in 2020 despite a significant reduction in electricity demand due...
