Author Archives: LM Staff
Raslag, Singaporean firm team up for Puerto Galera wind projects
Raslag Corp. has signed a shareholders and asset purchase agreement with Singaporean firm Verdant Philippines...
PetroEnergy Q1 profit down on expansion costs
Yuchengco-led PetroEnergy Resources Corp. (PERC) on Friday said expansion and acquisition cut its first quarter...
‘Coal plants face higher insurance fees’
MANILA, Philippines — Amid the country’s bold shift toward clean energy, insurance companies have sharply...
Energy storage redefining clean power shift
MANILA, Philippines — Energy storage is stepping into the spotlight of the country’s green transition,...
Citicore Renewable Energy’s Q1 net income rises 15.4% to P137.89M
LISTED renewable energy developer Citicore Renewable Energy Corp. (CREC) booked an attributable net income of...
PH-South Korea sign MOU on trade, energy cooperation
The Philippines and South Korea have signed a memorandum of understanding (MOU) to strengthen cooperation...
PH energy sector grows to P3.3-T
MANILA – The country’s energy sector has grown into a PHP3.3-trillion industry, up from PHP630...
Lotilla urges insurers to maintain coverage for coal plants
Energy Secretary Raphael Lotilla on Thursday urged insurance companies to continue providing coverage to coal-fired...
Malampaya drillship to arrive in June, kicking off Phase 4 expansion
MANILA – Drilling operations under Phase 4 of the Malampaya gas-to-power project are set to...
Landers taps Meralco subsidiary for solar projects
MSpectrum, Inc., a wholly owned solar subsidiary of Manila Electric Co. (Meralco), has expanded its...