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ERC OKs limited use of LNG for Meralco, FGEN

The Energy Regulatory Commission has allowed First Gas Power Corp. and FPG Corp. to use liquefied natural gas as an alternative fuel supply source for the Sta. Rita and San Lorenzo gas plants “in the case of the occurrence of a fuel supply force majeure event.”.....»»

Category: financeSource:  philstarRelated NewsMar 30th, 2024

Fuel-saving tips: How to save on fuel costs

CEBU CITY, Philippines—In an era of rising fuel prices and environmental concerns, saving money on fuel is not only beneficial for your wallet but also for the planet.  Whether you’re driving a gas-guzzler or an eco-friendly hybrid around the busy streets of Cebu, there are plenty of strategies you can employ to stretch your fuel.....»»

Category: newsSource:  inquirerRelated NewsMar 11th, 2024

San Miguel, Meralco, Aboitiz Power to team up on P185-B LNG facility

Three of the country’s wealthiest and most influential players in the power industry will team up to develop an integrated liquefied natural gas power plant in Batangas......»»

Category: financeSource:  philstarRelated NewsMar 4th, 2024

First Gen seeks bids for LNG supply

Lopez-owned First Gen Corp. is seeking bids for the supply of liquefied natural gas for its existing gas-fired power plants in the First Gen Clean Energy Complex in Batangas......»»

Category: financeSource:  philstarRelated NewsFeb 20th, 2024

US tanker transfers fuel to Subic storage facility

US-registered tanker is currently in the country to transfer fuel from a military base in Pearl Harbor, Hawaii to a commercial storage facility in Subic Bay, according to the US embassy in Manila......»»

Category: newsSource:  philstarRelated NewsJan 11th, 2024

Yokohama investing P3.5 billion to expand Clark tire plant

Japanese company Yokohama Rubber Co. Ltd. is set to spend P3.5 billion for the expansion of its tire plant in Clark, according to the Clark Development Corp......»»

Category: financeSource:  philstarRelated NewsFeb 8th, 2024

Cebu-Based Filipino Homes Launches Global Partners Facility Against Scammers in Real Estate

Cebu-based Filipino Homes intensified its campaign against scammers in buying real estate properties with the launching of their “Global Partners” facility in Dubai, United Arab Emirates (UAE). The facility will help in particular Overseas Filipino Workers (OFWs) or Filipinos living abroad access to right information pertaining to property investments in the Philippines and other related […].....»»

Category: newsSource:  metrocebuRelated NewsFeb 5th, 2024

First Gen to upgrade, expand Casecnan plant

Lopez-led First Gen Corp. is expanding and upgrading the Casecnan hydroelectric power plant after taking over the facility last month......»»

Category: financeSource:  philstarRelated NewsMar 22nd, 2024

‘SUPPLY NOT CONSISTENT’ | Negros Occidental reports 50% pork supply shortage

‘SUPPLY NOT CONSISTENT’ | Negros Occidental reports 50% pork supply shortage.....»»

Category: newsSource:  sunstarRelated NewsFeb 29th, 2024

Leviste firm to invest over P5 billion in Batangas

Countryside Investments Holdings Corp., a company owned by Leandro Leviste, is investing over P5 billion to help boost development in rural Batangas......»»

Category: newsSource:  philstarRelated NewsMar 15th, 2024

President Marcos inaugurates JG Summit’s petrochem plant

President Marcos inaugurated yesterday the P150-billion expanded petrochemical facility of JG Summit Olefins Corp. (JGSOC) in Batangas City, a development that is seen to create thousands of local jobs......»»

Category: newsSource:  philstarRelated NewsJan 20th, 2024

P2.5B swak sa fuel subsidy ng mga tsuper

May nakalaang P2.5 bilyon para sa fuel subsidy ng mga PUV driver ngayon taon, ayon kay Makati City Rep. Luis Campos Jr. The post P2.5B swak sa fuel subsidy ng mga tsuper first appeared on Abante......»»

Category: newsSource:  abanteRelated NewsApr 10th, 2024

Fuel price cut expected this week

Fuel prices are expected to decrease slightly again following a minimal downward price adjustment previously, according to industry sources. In an advisory over the weekend, Unioil said the price of diesel might go down by 20 to 30 centavos per liter and gasoline by 30 to 50 centavos per liter. ALSO READ: Fuel prices rise.....»»

Category: newsSource:  inquirerRelated NewsMar 10th, 2024

Fuel prices as of Jan. 30: Gasoline up by P2.80, diesel by P1.30 

CEBU CITY, Philippines – Local oil companies here have announced ta significant increase in the prices of fuel effective Tuesday, January 30, 2024. As a result, motorists in Cebu City will be facing a hefty increase in the prices of fuel products on the first week of February. This marks the fourth consecutive week of.....»»

Category: newsSource:  inquirerRelated NewsJan 30th, 2024

Biz Leaders Welcome Coal-Fired Power Plant Expansion in Toledo City to Prevent Outages

Business stakeholders in Cebu welcomed the expansion project of a coal-fired power plant in Toledo City as a way to prevent outages that happened in Aklan early this year. They said that concerns about the environment will be “outweighed” by the economic benefits that will come with more power supply considering the dwindling reserves in […].....»»

Category: newsSource:  metrocebuRelated NewsJan 29th, 2024

D& L central hub in Batangas gets LEED gold seal

D&L Industries Inc. has secured a gold Leadership in Energy and Environmental Design (LEED) certification for its newly operational plant in Batangas......»»

Category: financeSource:  philstarRelated NewsMar 24th, 2024

Cleanfuel opens new Batangas station

Cleanfuel has expanded its presence in South Luzon with the opening of a new retail station targeted to address the fuel requirements of the growing commercial business of Batangas City......»»

Category: financeSource:  philstarRelated NewsJan 29th, 2024

Water under the bridge

Last year, Razon-led Prime Infrastructure Capital Inc. and Lopez-owned First Gen Corp. said they were in discussions to develop a gas aggregation framework using the latter’s liquified natural gas (LNG) terminal in Batangas......»»

Category: financeSource:  philstarRelated NewsMar 22nd, 2024

Sharon Cuneta has a warning about stock market investing 

When investing in stocks, Cuneta has several pointers based on her experience......»»

Category: entertainmentSource:  philstarRelated NewsMar 20th, 2024

DMCI, Marubeni investing P15 billion for property venture

DMCI Homes of the Consunji family and Japanese trading conglomerate Marubeni Corp. are investing around P15 billion for their real estate joint venture project......»»

Category: financeSource:  philstarRelated NewsMar 18th, 2024