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..
Tag Archives: LNG
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..
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..
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..
The remaining 858,834 million standard cubic feet of estimated reserves in the Malampaya gas field in Palawan will completely run out by the first quarter..
The Department of Energy (DOE) has endorsed eight more projects to the National Grid Corporation of the Philippines (NGCP) for it to undertake system impact..
Lopez-led First Gen Corporation posted a 22.8% increase in first quarter profits to $118.8 million from $96.8 million in the same period last year. In..
The Asian Development Bank (ADB) said it will stop financing new coal power plants in the region under a proposed energy policy released last Friday..
The Manila Electric Company (MERALCO) is increasing its power rates for May by Php0.1853 per kilowatt-hour (kWh) to Php8.4067/kWh from Php8.592/kWh in April or around..
Around $13.6 billion (about Php654 billion) worth of liquefied natural gas (LNG) projects could be stranded due to the growth of renewable energy (RE) in..
