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First Gen H1 income rises to P9B | Lenie Lectura

Lopez-led First Gen Corp. (First Gen) posted a recurring net income of P9 billion in the first semester, up by 30 percent from last year’s P7 billion, due to the strong performance of its subsidiary, Energy Development Corp. (EDC). “It was EDC that mainly delivered higher earnings as a result… ....

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'CHEPP key to expanding First Gen's RE portfolio'

First Gen Corp.’s newest hydroelectric power asset is key to expanding the Lopez-led firm’s renewable energy (RE) portfolio, company officials said last week. Fresh River Lakes Corp. (FRLC), a subsidiary of First Gen, won in the recent competitive bidding of the 165-megawatt (MW) Casecnan Hydroelectric Power Plant (CHEPP). First Gen… ....

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Analysis: As gas reserves wane, Philippines faces rising costs in switch to LNG

Malampaya gas feeds 13% of country's power capacity Country will need 3 mln tpy LNG to replace Malampaya gas LNG imports seen driving up power prices ....

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Analysis-As gas reserves wane, Philippines faces rising costs in switch to LNG

MANILA/SINGAPORE (Reuters) - With just four years before the Philippines' only gas field is set to run dry, the country has started importing liquefied natural gas (LNG), creating a fresh headache for a government struggling to curb high inflation. | 03:33am ....

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Analysis: As gas reserves wane, Philippines faces rising costs in switch to LNG

With just four years before the Philippines' only gas field is set to run dry, the country has started importing liquefied natural gas (LNG), creating a fresh headache for a government struggling to curb high inflation. ....

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