The three firms announced in separate statements on Tuesday the completion of the transaction. The transaction involves the acquisition by MGen and TNGP, through Chromite Gas (CGHI), of a 67 percent equity interest in South […]
According to separate statements by the firms, the Philippine Competition Commission (PCC) has approved the joint acquisition of two power facilities and a liquified natural gas (LNG) terminal by Meralco PowerGen (MGen), Therma Natgas Power […]
Manila is worried about Chinese maritime aggression and rising seas. U.S. President-elect Donald Trump will enter office for his second term at a time when the Philippines badly needs reliable support from Washington. Last week, […]
Remarkably authorities in the Philippines have had to attend to another distressed vessel in Bataan to the west of Manila, a third ship accident in the area in the space of just one week. Oil […]
The oil spill from the Terra Nova tanker that capsized and sank in the Philippines last Thursday has spread far and wide, including entering the waters around the capital, Manila. The oil slick is now […]
In the same area of the Philippines authorities are having to contend with oil spills as a second tanker sank on Saturday evening, just two days after another ship went down. The Philippine Coast Guard […]
The race is on just outside the Philippine capital to avert the worst oil spill in the country’s history. A 22-year-old tanker carrying industrial fuel oil capsized and sank 3.6 nautical miles off Lamao Point […]
Beijing has accused Washington of undermining peace and stability in the Asia-Pacific region Beijing has condemned Washington’s deployment of intermediate-range missiles in the Asia-Pacific region and will take all effective measures to prevent the US […]
Manila and its allies are ‘moving in a calculated way, Philippine Ambassador to the US Jose Manuel Romualdez said, declining to provide more details Manila imports almost all its fuel needs and has been trying […]
Power companies Meralco PowerGen, Aboitiz Power, and San Miguel Global Power have teamed up on an LNG-to-power project in the Philippines worth about $3.3 billion. According to a joint statement, MGen and AP will jointly […]
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