PXP Energy, through subsidiary Pitkin Petroleum Z-38 SRL, has launched a case against Australian partner Karoon Gas Australia Limited for breach of its obligation to..
Tag Archives: Manny Pangilinan
The Manila Electric Company (MERALCO) reported a 10.7% drop in its consolidated core net income to Php5.72 billion in the first quarter of 2021 from..
After more than a year of waiting, the Department of Energy (DOE) has officially approved the sale of Chevron’s 45% share in the Malampaya gas-to-power..
Metro Pacific Investments Corporation (MPIC) is looking to expand the Philippine Coastal Storage and Pipeline Corporation’s (PCSPC) existing 84-kilometer oil pipeline going into Metro Manila..
Roughly two weeks after San Miguel Corporation (SMC) said that it submitted a non-binding offer to purchase the 45% stake of Shell Philippines Exploration B.V...
Lower incomes and operating expenses of the Manila Electric Company (MERALCO) and Global Business Power Corporation (GBP) due to the COVID-19 pandemic were major factors..
MERALCO PowerGen Corporation (MGen), the power generating arm of the Manila Electric Company (MERALCO), is seriously considering the use of liquefied natural gas (LNG) for..
A group of companies led by business tycoon Manny V. Pangilinan have formally submitted an offer to acquire 45% of the Malampaya gas-to-power project being..
The COVID-19 pandemic and the series of disasters that hit Luzon pulled down the Manila Electric Company’s (MERALCO) consolidated core net income by nine percent..
Manny V. Pangilinan-led PXP Energy significantly cut its losses last year with plug and abandonment costs reduced while waiting for the government’s go-signal for the..