Senate President Pro Tempore Loren Legarda on Thursday, June 29, reaffirmed her strong stance toward protecting the nation’s green environment as she underscored the significance of pursuing a more science and knowledge-based approach in striking a balance between the environment and economy. As...
Households will have breather on their cooking fuel budgets this month as the price of liquefied petroleum gas (LPG) has been trimmed by P6.10 to P6.20 per kilogram or aggregate P67.10 to P68.20 for the standard 11-kilogram tank. The newly adjusted LPG prices effective June 1 will stay for the rest...
Leading clean energy firm First Gen Corporation has formally issued its tender notice for the spot procurement of liquefied natural gas (LNG) that it will use for the ‘wet commissioning’ of its LNG import facility. In its invitation to bid (ITB) for LNG spot tender, the company has specified...
Razon-led Prime Infrastructure Capital Inc. has inked a memorandum of understanding (MOU) with FGEN LNG Corporation of the Lopez group for the lease and operation of the latter’s liquefied natural gas (LNG) storage and regasification terminal for its gas aggregation business plan. Beyond the MOU,...
BACOLOD CITY – Sixteen students of the Bacolod City College (BCC) main campus in Barangay Taculing here fell ill after they inhaled a substance from a smoke screen pyrotechnic device during an activity presentation at the school’s activity center on Monday, May 29. RESCUERS respond to Bacolod...
Power utility giant Manila Electric Company (Meralco) has hiked its pipeline of renewable energy projects raising its capacity to 1,700 megawatts, surpassing the five-year development plan earlier cast by its power generation subsidiary Meralco PowerGen Global Business Power Corp. According to...
Ayala-led Globe has been ramping up its shift to renewable energy (RE) technologies with the latest addition of its Iloilo facility in its portfolio of green energy users. Following this switch on energy usage, the company indicated that 25 of its facility-sites are now powered by clean energy –...
US firm pushes RE-gas investment By MYRNA M. VELASCO Kansas-headquartered global engineering firm Black & Veatch is recommending renewable energy (RE) and gas-fired power combo investments to ensure the success of "energy transition journey" and as a pathway to net zero emissions being advanced by...
Despite fragmenting markets and the changing landscape for global gas commodity trading, the Department of Energy (DOE) indicated it may still opt for oil-linked pricing if Malampaya would yield new commercial gas discovery. According to Energy Secretary Raphael P.M. Lotilla, the pricing...
Lopez-led First Gen Corporation is scheduling a tender process for the procurement of its liquefied natural gas (LNG) on a spot contract basis that will be utilized as commissioning fuel for its LNG import facility in Batangas. According to First Gen Chief Commercial Officer Jonathan C. Russell,...
Lopez-led First Gen Corporation is lining up massive investments of $20 billion, approximately equivalent to P1.123 trillion, until year 2030 to sustain its market share of 20 percent in terms of kilowatt-hour production to serve the growing electricity needs of Filipinos. The seven-year humongous...
The Malampaya consortium led by field operator Prime Energy of the Razon group will cough up $600 million to $630 million in fresh capital outlay for the first phase of its committed work program that will include the drilling of 2-3 production wells. In a briefing with the media, Energy...
