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Only 29 pct of LNG projects in PH seen to be viable

ABS-CBN News
Posted at Dec 23 03:06 PM

Only 29 percent of the liquefied natural gas projects in the Philippines are viable as there is not enough demand for LNG in the country, an energy think tank said. Read more »

Aboitiz eyes green shift after $1.6-B JERA investment

Bruce Rodriguez, ABS-CBN News
Posted at Sep 28 06:25 PM

The Aboitiz Group said it will speed up its sustainability shift after getting up to $1.58 billion from the sale of part of its stake in its power business. Read more »

First Gen to spend $530 million for capex

ABS-CBN News
Posted at May 20 01:32 PM

First Gen confirmed on Thursday that it expects to spend $530 million or around P25.4 billion in capital expenditures this year.   Read more »

First Gen to begin LNG terminal construction in April

Reuters
Posted at Mar 18 12:15 PM

Philippine power producer First Gen Corp FGEN.PS said on Thursday the construction of its LNG terminal, initially estimated to cost $274 million, will begin next month Read more »

First Gen says LNG projects pushing through despite drop in Jan-Sept recurring income

ABS-CBN News
Posted at Nov 12 12:49 PM

Clean energy provider First Gen Corporation (First Gen) is pushing through with its liquefied natural gas (LNG) development despite a decline in recurring net income from January to September this year, the company said.   Read more »

First Gen unit eyes developing small-scale LNG solutions in PH

ABS-CBN News
Updated as of Oct 30 10:26 AM

First Gen Corp said Friday its wholly-owned subsidiary FGEN LNG Corp was eyeing the development of small-scale liquified natural gas (ssLNG) solutions at the First Philippine Industrial Park. Read more »

San Miguel says power unit taps Singapore bond market to raise funds for LNG, other projects

ABS-CBN News
Posted at Oct 12 12:01 PM

San Miguel Corp said Monday its power unit was tapping the Singapore bond market to raise funds for capital expenditures and to fund its LNG project.   Read more »

Tokyo Gas to join Philippines offshore LNG terminal project

Kyodo News
Posted at Oct 08 01:35 PM

The largest Japanese gas supplier said Wednesday it will take on 20 percent of the $300 million project, including terminal construction and operation for importing LNG as well as repair of an existing jetty and installation of gas-receiving equipment in an area in Batangas city, some 100 kilometers south of Manila. Read more »

First Gen says 'open' to new partners as it accelerates LNG project

Jessica Fenol, ABS-CBN News
Posted at Jul 29 02:11 PM

First Gen Corp on Wednesday said it is open to work with more partners as it focuses on accelerating its liquefied natural gas (LNG) project in the country. Read more »

Liquefied natural gas terminal tinatayo sa Pinas

ABS-CBN News
Posted at May 28 08:53 PM

Pansalo ang liquefied natural gas terminal kapag naubos ang suplay ng natural gas galing sa Malampaya platform.  Read more »

First Gen, Tokyo Gas break ground on LNG project

ABS-CBN News
Posted at May 28 03:32 PM

FGEN LNG Corp's LNG Terminal project is "construction ready" following the completion of significant pre-development work, the company said in a statement.  Read more »

Dennis Uy's Chelsea Holdings, PNOC mull liquefied natural gas joint venture

ABS-CBN News
Posted at May 07 09:44 PM

The logistics company of Davao-based businessman Dennis Uy is looking to form a joint venture with the government-owned Philippine National Oil Company for a new liquefied natural gas (LNG) facility in Mabini, Batangas.  Read more »

Phoenix officials tour China model for Batangas LNG project

ABS-CBN News
Posted at Apr 16 10:30 AM

In a disclosure to the stock exchange, Phoenix Petroleum said its officials along with its Chinese counterpart toured around the facility while "checking" CNOOC's technical expertise in building and operating a running gas plant. Read more »

Indonesia's Pertamina eyes $1-B investment in PH gas industry: DTI

ABS-CBN News
Posted at Jan 30 08:40 PM

Indonesia's PT Pertamina is planning to invest around US$1 billion in the Philippines, the Department of Trade and Industry (DTI) chief said Wednesday. Read more »