Energy & Mining
Prime Energy ramps up preparations to drill two new wells by 2025
Prime Energy Resources Development B.V. is ramping up preparations to drill at least two deepwater wells in 2025.
First Gen secures third LNG tender
First Gen Corp. has awarded Total Energies Gas and Power Asia Private Ltd. (TEGPA) a contract to supply one liquefied natural gas (LNG) cargo of approximately 154,500 cubic meters for delivery in early February next year.
Meralco commits to keep the lights on during the Christmas holidays
The Manila Electric Company (Meralco) has assured customers of its readiness to respond to any electricity service concern throughout the holiday season.
Meralco reworks CSP terms to ensure bidder participation
The Department of Energy (DOE) has endorsed the Manila Electric Co. (Meralco) idea to cap the offer of proponents under its competitive selection process (CSP) to encourage bidder participation and ensure success.
Lotilla lauds BSP for time-bound measures encouraging sustainable lending
The Department of Energy (DOE) on Wednesday welcomed the Bangko Sentral ng Pilipinas (BSP) decision allowing banks to increase the single borrower limit (SBL) by 15 percent and the phased reduction of sustainable asset reserves to zero as incentive for lending to renewable energy proponents.
