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Brix Lelis
Brix Lelis
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First Gen completes new LNG cargo delivery
by Brix Lelis - November 21, 2024 - 12:00am
Lopez-led First Gen Corp. has received its fifth shipment of liquefied natural gas from Singapore-based Shell Eastern Trading Pte. Ltd.
Vivant unit secures supply deal from PALECO
by Brix Lelis - November 21, 2024 - 12:00am
Vivant Corp., a listed energy and water conglomerate, has secured a multi-year supply contract with Palawan Electric Cooperative (PALECO) to meet the rising power demand on the island province.
Alsons income sizzles in January-September
by Brix Lelis - November 21, 2024 - 12:00am
The prudent cost management of Alcantara-led Alsons Consolidated Resources Inc. has been paying off so far, seeing stronger earnings as of end-September.
MVP targets higher Meralco capex for 2025
by Brix Lelis - November 21, 2024 - 12:00am
Tycoon Manuel V. Pangilinan expects Manila Electric Co. to increase its capital spending for 2025, seeing another banner year amid a robust economic outlook.
ERC OKs P38 billion NGCP projects
by Brix Lelis - November 20, 2024 - 12:00am
The Energy Regulatory Commission has cleared three transmission projects of the National Grid Corp. of the Philippines worth around P38.09 billion.
Chinese firm bags contract for Terra Solar development
by Brix Lelis - November 20, 2024 - 12:00am
The development of the world’s largest solar farm has taken a major leap forward with the award of a construction contract to China Energy Engineering Group Co. Ltd.
Oil firms roll back fuel prices
by Brix Lelis - November 19, 2024 - 12:00am
Following three straight weeks of hikes, pump prices of petroleum products are poised to go down by less than P1 per liter today.
Meralco shifts focus to larger nuclear plant
by Brix Lelis - November 18, 2024 - 12:00am
Manila Electric Co., chaired by tycoon Manuel V. Pangilinan, is leveraging France’s nuclear expertise to explore the potential deployment of a large-scale facility in the Philippines.
ACEN spending P26 billion for integrated solar project
by Brix Lelis - November 18, 2024 - 12:00am
Ayala-led ACEN Corp. is spending about P26 billion to develop a massive solar farm with a battery energy storage system (BESS) component in Palauig, Zambales.
Citicore taps Chinese firm for solar panel needs
by Brix Lelis - November 17, 2024 - 12:00am
Citicore Renewable Energy Corp. of tycoon Edgar Saavedra has locked in a new supply deal with Shanghai-listed Trinasolar Co. Ltd. for two gigawatts worth of solar panels.
PetroEnergy profit down 20 percent to P692 million
by Brix Lelis - November 16, 2024 - 12:00am
The earnings of Yuchengco-led PetroEnergy Resources Corp. (PERC) plunged by double digits from January to September due to higher costs incurred following aggressive portfolio buildup.
Pump prices cut next week
by Brix Lelis - November 16, 2024 - 12:00am
Pump prices of petroleum products are expected to go down next week following recent hikes.
NGCP readies P600 billion capex projects
by Brix Lelis - November 15, 2024 - 12:00am
The National Grid Corp. of the Philippines is allocating over P600 billion for the development of more than 100 capital expenditure transmission projects in the pipeline.
24 green projects up for grid impact study
by Brix Lelis - November 15, 2024 - 12:00am
The Department of Energy has cleared 24 green energy projects to undertake a system impact study (SIS) with the National Grid Corp. of the Philippines.
Meralco unit, Polish firm to deploy EV charging hubs
by Brix Lelis - November 15, 2024 - 12:00am
Movem Electric Inc., the sustainable mobility arm of Manila Electric Co., has teamed up with Poland-based ChargeEuropa to roll out electric vehicle charging hubs in the Philippines.
Nuclear development seen as investment area for Maharlika fund
by Brix Lelis - November 15, 2024 - 12:00am
Maharlika Investment Corp. the country’s first sovereign wealth fund manager, could end up investing in nuclear development to unlock its potential as an energy source by 2032.
DOE chief upbeat on natural gas bill
by Brix Lelis - November 14, 2024 - 12:00am
The possible enactment of a bill promoting the development of the natural gas industry by prioritizing the use of indigenous resources is a major step in ensuring energy security, a Cabinet official said.
LTG profit increases in 9 months
by Brix Lelis - November 14, 2024 - 12:00am
LT Group Inc. of taipan Lucio Tan posted higher earnings in the nine months ending September as improvement in the operating results of most business units offset the slowdown in the tobacco segment.
Philippines eyeing natural gas tie-up with Norway
by Brix Lelis - November 13, 2024 - 12:00am
The Philippines is pursuing a partnership with Norway to unlock the potential of natural gas in sectors beyond power generation, including logistics and aviation.
Electricity rates up this month
by Brix Lelis - November 13, 2024 - 12:00am
The eight million customers of power distributor Manila Electric Co. should brace for higher rates this month as generation costs rose due to increased demand and peso depreciation.
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