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 (May 7). The ADB, which gives loans...
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 by around Php37 for residential customers consuming...
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 the Philippines, according to a new report...
The Department of Energy (DOE) endorsed 16 new power projects to the National Grid Corporation of the Philippines (NGCP) for system impact study in the first quarter. The Mariveles natural gas plant...
Aboitiz Power Corporation and MERALCO PowerGen Corporation (MGen) said that they are dropping coal from their power project under Redondo Peninsula Energy, Inc. (RP Energy) in Subic, Zambales. Instead, RP Energy —...
Vires Energy Corporation (VEC) has clarified that it will no longer contract liquefied natural gas (LNG) tanker BW Paris. The Department of Energy (DOE) announced in its press release over the weekend...
(UPDATED) The Department of Energy (DOE) has approved the Notice to Proceed (NTP) application of Vires Energy Corporation (VEC) to develop its proposed integrated natural gas-fired power plant and liquefied natural gas...
Lopez-led First Gen Corporation, through subsidiary FGEN LNG Corporation, has selected Dallas-based engineering firm Jacobs to build its interim liquefied natural gas (LNG) terminal project in Batangas City. Jacobs will particularly deliver...
Atlantic Gulf & Pacific Company (AG&P) is launching $600 million in new liquefied natural gas (LNG)-related projects in the Philippines, the United States, India, and other countries, the company told Power Philippines...
Atlantic Gulf & Pacific Company of Manila, Inc. (AG&P) has recently awarded a contract to Houston, Texas-based McDermott International for the engineering, procurement, and construction (EPC) of a liquefied natural gas (LNG)...
