The Lopez group of companies will now bid sorrowful goodbye to their ‘North Star’ – Chairman Emeritus of First Philippine Holdings Corporation (FPH) Oscar M. Lopez or OML who passed away at the age of 93 on April 22 (Saturday). In a statement to the media, the Lopez-led conglomerate emphasized...
Oscar Moreno Lopez, the patriarch of the conglomerate under First Philippine Holdings Corporation (FPHC) of the Lopez group that have businesses in energy through First Gen; real estate via Rockwell and the First Philippine Industrial Park; as well as media giant ABS-CBN, has passed away at the age...
SMC Global Power Holdings Corporation of the San Miguel group officially leads the Philippines’ debut into the "LNG importers club of the world" following the arrival of its first LNG shipment at one of the country’s major ports. The Department of Energy (DOE) affirmed the arrival of the first...
Leading clean energy provider First Gen Corporation and its geothermal subsidiary Energy Development Corporation (EDC) earned preeminent recognitions at the 8th Asia Integrated Reporting Awards (AIRA), one of the most prestigious award-giving bodies in the region. The company indicated that First...
Retrofitting existing gas-fired power plants to hydrogen, which is also a business model eyed by several energy firms in the Philippines for their mid-century net zero targets, could take five to seven years, according to an expert from a Japanese global engineering firm. Takakazu Morimoto,...
The Climate Change Commission (CCC) and First Gen Corporation (First Gen) have forged ties to capacitate local government units (LGUs) in mainstreaming climate change and accessing the People's Survival Fund (PSF). Photo from the Climate Change Commission The ceremonial signing of the Memorandum of...
Universal Robina Corp. (URC) , one of the country’s largest food and beverage firms, is making a big push this month towards its “net zero” goal in 2050 by sourcing its electricity needs from power producers that use renewable sources. In a statement, URC said it has signed an agreement with...
Lopez-led First Philippine Holdings Corporation (FPH) started the rollout this week of its Covid-19 vaccines for employees and dependents as part of the conglomerate’s program to help assure the health of its workforce and support government’s overall aim to achieve herd immunity against the...
ERC hints ‘pricing play’ The country’s giant power firms have been tagged as the culprits in last week’s rotational brownouts with “forced outages’ of their power plants going beyond the time allowance prescribed by the Energy Regulatory Commission (ERC). In a Congressional hearing on...
Lopez-led First Gen Corporation has inked a 10-year time charter party with Danish firm Svitzer for the provision of towage and other vessel support services for the former’s interim liquefied natural gas (LNG) import facility. In the deal that was signed with Lopez firm subsidiary FGEN LNG...
Lopez-led First Gen Corporation has earmarked US$530 million capital expenditures (capex) this year that will be funneled mainly to the expansion projects of subsidiary Energy Development Corporation (EDC) as well as its ongoing interim liquefied natural gas (LNG) import terminal. During the...
Lopez-led First Gen Corporation will be supplying power generated from a renewable energy resource to at least four upscale township and office-tower developments of real estate leader Megaworld Corporation. The power supply agreement, which is under the ambit of Retail Competition and Open Access...
