Nuclear energy on tycoons’ radar
Companies led by business titans Manuel V. Pangilinan, Sabin M. Aboitiz and Enrique K. Razon continue their quest for nuclear power in a bid to support the country’s energy security in the coming years......»»
Xinhua Asia-Pacific news summary at 1600 GMT, Feb. 7
TOKYO -- Approximately 5.5 tons of water containing radioactive materials have leaked from equipment at Japan's Fukushima Daiichi nuclear power plant, local media reported Wednesday. At about 8:53 a.m. local time on Wednesday, workers discovered water leaking from the outlet of a device used to purify nuclear-contaminated water during the inspection of the equipment, Fukushima Central Television reported, citing.....»»
Canada backs Philippines energy transition
Canada has committed to support the Philippines in its energy transition, particularly in diversifying into cleaner sources of power such as nuclear......»»
Dahil sa monopoly SANIB-PUWERSA NG 3 TYCOONS SIRIT-PRESYO SA KORYENTE — CONSUMERS GROUP
ANG US$3 bilyong kasunduan sa pagitan ng tatlong mga bigating energy firms sa pamamagitan ng paggamit ng natural gas ng mga power plants ay isang malaking banta para sa mga consumer dahil magdudulot ito ng pagtaas sa presyo ng koryente sa pamamagitan ng monopolyo ng liquefied natural gas (LNG) industry. Ayon kay consumer group United ….....»»
NGCP, ECCP sign deal to advance renewable energy development
In a landmark move toward fostering innovation and sustainability in the energy landscape of the country, the National Grid Corp. of the Philippines and the European Chamber of Commerce of the Philippines have inked an agreement to formalize their commitment to mutually advocate the utilization of renewable energy resources in the Philippines to increase the country’s power supply and energy generation......»»
NEWS BRIEFS | 27 February 2024
Energy exploration in BARMM opened for bidding The Department of Energy has opened four areas in the Bangsamoro Autonomous Region in Muslim Mindanao for exploration, development, and production of indigenous energy sources. Energy Undersecretary Alessandro Sales said coal exploration marked as “PDA-BC-1” covering 14,856 hectares in Kapai and Tagoloan towns in Lanao del Sur is […].....»»
Basic Energy, Renova sign MOU for construction of 50MW Mabini Wind Energy Project
I reported last week on Basic Energy and its progress toward signing a memorandum of understanding with Renova Inc. to set the framework for signing an eventual Joint Development and Shareholders Agreement for the construction of the 50MW Mabini Wind Energy Project......»»
Basic Energy signs MOU for joint development of 50MW Batangas wind project
Basic Energy announced that its board authorized the signing of a memorandum of understanding with Renova Inc., a Japanese renewable energy company, to set the framework toward signing a definitive Joint Development Shareholders’ Agreement for the 50 megawatt Mabini Wind Energy Project......»»
Changing the nuke narratives
As the chairman of the House Special Committee on Nuclear Energy of the 19th Congress, Rep. Cojuangco shepherded the approval of HB 9293 and 9876......»»
MVP, RSA hope to seal tollway deal this year
Negotiations on the planned merger of the toll road units of Metro Pacific Investments Corp. and San Miguel Corp. are moving smoothly so far, with tycoons Manuel V. Pangilinan and Ramon Ang bullish on sealing the deal within the year......»»
Notes on the beat: For these tycoons, three’s not a crowd
This is not a love story, and certainly not the whirlwind kind, but the characters aren’t any different......»»
Where have all the nurses gone?
I could write about the country’s female tycoons who have grown their fathers’ businesses to dizzying heights, including Tessie Sy-Coson, Helen Yuchengco-Dee, Robina Gokongwei and Josephine Gotianun-Yap; or I could write about the Dumaliang sisters who staunchly defend that piece of paradise known as Masungi Georeserve; or I could write about our Filipina athletes waving the flag around the globe......»»
MVP, RSA plan to list expressway behemoth
Tycoons Manuel V. Pangilinan and Ramon S. Ang plan to bring an infrastructure behemoth to the local stock exchange in the event they succeed in combining their toll road units......»»
MVP, Ang may jointly bid for MRT-3
Another infrastructure tie-up between tycoons Manuel V. Pangilinan and Ramon Ang could be in the works as Metro Pacific Investments Corp. will engage San Miguel Corp. in bidding for the privatization of the Metro Rail Transit Line 3......»»
MPIC, SMC bids for MRT-3 rejected
The Department of Transportation will decline the privatization offers for the Metro Rail Transit Line 3 made by tycoons Manuel V. Pangilinan and Ramon Ang, as it eyes to get additional offers from the private sector......»»
US inflation, BSP action on investors radar this week
The stock market will attempt to sustain its momentum this week as investors look to get inspiration from upcoming US economic data and the policy rate-setting meeting of the Bangko Sentral ng Pilipinas......»»
A getaway to the east: 5 under-the-radar spots in Rizal for Valentine’s Day
These hidden gems in Metro Manila’s closest neighbor have got you covered on February 14th.....»»
Mars rover data confirms ancient lake sediments on red planet
LOS ANGELES — NASA’s rover Perseverance has gathered data confirming the existence of ancient lake sediments deposited by water that once filled a giant basin on Mars called Jerezo Crater, according to a study published on Friday. The findings from ground-penetrating radar observations conducted by the robotic rover substantiate previous orbital imagery and other data.....»»
US Strikes Another Houthi Site in Yemen
The U.S. military carried out an additional strike early Saturday against Houthi positions in Yemen in an effort to protect shipping in the Red Sea, according to U.S. media reports.News organizations citing anonymous sources said the latest strike targeted a radar site that officials said presented a continuing threat to maritime traffic.The strike came a little more than a day after the U.S. and British.....»»
US Strikes Another Houthi Site in Yemen
The U.S. military carried out an additional strike early Saturday against Houthi positions in Yemen in an effort to protect shipping in the Red Sea, according to U.S. media reports.News organizations citing anonymous sources said the latest strike targeted a radar site that officials said presented a continuing threat to maritime traffic.The strike came a little more than a day after the U.S. and British.....»»
Pragmatic approach to energy security
In the midst of surging power demand and concerns over energy security, the importance of a more resilient and robust energy infrastructure in maintaining reliable supply for the Philippines has taken center stage......»»