DOE certifies P44-B LNG investments

Two liquefied natural gas (LNG) projects, with combined investments of P44 billion, had been issued certifications by the Department of Energy (DOE) as “energy project of national significance” or EPNS that will entitle them to streamlined process of permitting.

Power firm holds off expansion, eyes LNG

Aboitiz Power Corp. said is holding off international expansion plans until 2022 but expressed interest to join the bandwagon of local conglomerates in developing liquefied natural gas (LNG) power projects.

Aboitiz to pursue expansion in 3 ASEAN countries

While it was initially hamstrung by the niggling health crisis, Aboitiz Power Corporation indicated that it will still advance its planned investment expansion in the Southeast Asian region – specifically in Vietnam, Indonesia and Myanmar.

Gov’t dangles 8 ‘conditions’ in Malampaya license extension

The Philippine government is dangling at least eight conditions that the consortium-members of Service Contract (SC) 38 led by Shell Philippines Exploration B.V. (SPEX) must comply with for the license extension of the $4.5 billion Malampaya deep-water-gas to power project.

Meralco rates down by P0.04/kWh in November billing

Customers of Manila Electric Company (Meralco) will experience slight financial relief on their pockets this month, as the electricity rate it will pass on will be lower by P0.0395 per kilowatt hour (kWh) in its November billing.