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Gov’t urged to expand PH natural gas sector

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The Philippines should devote more resources into developing the natural gas sector as an environmentally sustainable means of fueling the growth of the economy.

Posted: April 20th, 2014 in Headlines | Read More »

UAE delegation eyes PH for investment opportunities

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UAE

United Arab Emirates (UAE), one of the world’s wealthiest countries, is looking for investment opportunities in the Philippines and has also invited Filipino businessmen to come to UAE to look at opportunities there.

Posted: February 26th, 2014 in Latest Business Stories | Read More »

$756M Malampaya rig going up in Subic

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NEW MALAMPAYA PLATFORM  Nathan Stephenson (left) of the Malampaya Phase 3 project briefs European Union delegates visiting the Keppel Shipyard in Subic, Zambales province, which is fabricating the second platform for the Malampaya gas field off Palawan province. The platform will be installed in 2015 to help sustain production in Malampaya, which supplies natural gas to three power plants producing about half of Luzon’s power needs.  RAFFY LERMA

A platform of the Malampaya Deep Water Gas-to-Power Project off Palawan province is to be installed next year to maintain fuel supply to power plants providing about half of Luzon’s electricity needs. The platform, worth $756 million (P33.68 billion), is part of Phase 3 of the Malampaya project.

Posted: February 21st, 2014 in Featured Gallery,Headlines,Latest Business Stories | Read More »

LNG roadmap may come out in Q1

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The initial report commissioned for the 25-year Philippine natural gas master plan has only just come out, but the Department of Energy (DOE) said the full roadmap to a local gas market could be completed early this year.

Posted: January 5th, 2014 in Headlines | Read More »

First Gen ropes in Siemens for natural gas power project

First Gen Corp., through subsidiary First NatGas Power Corp., inked engineering and procurement as well as operations and maintenance deals with the Siemens group for the first of the three units of the $600-million San Gabriel combined cycle natural gas-fired power plant project.

Posted: December 17th, 2013 in Headlines | Read More »

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