SMC Global Power 1H profit up 35%
- August 6, 2021
SMC Global Power Holdings, the power generation arm of San Miguel Corporation (SMC), registered a 35% increase in its first half net income from Php12.2 billion from Php9.06 billion in the same...
SMC Global Power Holdings, the power generation arm of San Miguel Corporation (SMC), registered a 35% increase in its first half net income from Php12.2 billion from Php9.06 billion in the same...
SMC Global Power Holdings’ (SMCGP) coal-dropping moves continue, as it plans to transform its 300-megawatt (MW) coal plant in San Carlos City, Negros Occidental to a gas-fired facility. San Miguel Corporation’s (SMC)...
A consumer group has reminded Energy Sec. Alfonso Cusi that he is being paid taxpayer money and thus, should focus on electricity rates and the power situation which it says has worsened...
The Department of Energy (DOE) has admitted that it used an unaudited financial statement of Udenna Group unit UC38 LLC in approving the Dennis Uy-led firm’s acquisition of Chevron’s 45% stake in...
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 operation” on the platform as part of...
The Department of Energy (DOE) is aiming for 13 million metric tons per annum (MTPA) of liquefied natural gas (LNG) capacity to be imported into the country through several investments proposed by...
SMC Global Power Holdings Corporation (SMCGP), the power generating arm of San Miguel Corporation (SMC), said it will be beefing up its investments in renewable energy (RE) in a bid to significantly...
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...
The reserves of the Malampaya gas field may hit nearly rock bottom as early as next year, according to an official of the Department of Energy (DOE). Based on a Manila Bulletin...
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...