29 C
Makati City
Monday, June 5, 2017
Authors Posts by Lenie Lectura

Lenie Lectura

mm
1537 POSTS 0 COMMENTS
She studied at Letran Collage. Named the Best Telecommunications and Energy reporter by Ejap in the past years; also received an award for best feature story.
AFTER three consecutive weeks of oil-price increases, oil firms on Monday announced a price cut of petroleum products starting on Tuesday. In separate advisories, they said they will decrease the prices of diesel by P0.90 per liter, gasoline by P0.55 per liter and...
ALSONS Consolidated Resources Inc. (ACR) of the Alcantara group is selling its 50-percent interest in Alsons Thermal Energy Corp. (Atec) to Global Business Power Corp. (GBPC). Atec is the holding company for ACR’s baseload coal-fired power plant assets. GBPC is the...
THE Department of Energy (DOE) on Monday announced the creation of an interagency group to come up with options on rehabilitating Marawi City’s energy facilities. Aside from the DOE, other members of the group include the National Power Corp., Power...
PETROENERGY Resources Corp. (PERC) is setting aside P6.7 billion to finance four new power projects. The listed firm said in a report to the stock exchange it “plans to develop four new projects over two years with a total estimated cost...
A DAY after DMCI Masbate Power Corp. (DMPC) discontinued delivering electricity to Masbate Electric Cooperative (Maselco), the company said on Thursday that power was temporarily restored pending discussions to resolve the electric cooperative’s overdue obligation amounting to P240 million. “This is to...
The Department of Energy (DOE) has endorsed the plan of Pilipinas Shell Petroleum Corp. to sell electricity to the Wholesale Electricity Spot Market (WESM). “We are favorably endorsing to the Securities and Exchange Commission the attached Amended Articles of Incorporation...
SPC Power Corp. is seen expanding its power-generation portflio to include renewable energy. “SPC has remained upbeat with its outlook of the energy sector, seeking new opportunities in renewable-energy projects including hydro, geothermal and biomass power plants. It has not,...
NINE years since the Renewable Energy (RE) Act of 2008 was passed into law, consumers and RE developers have reaped the benefits of the law, according to state officials. However, it can’t be denied that there is a pressing need to...
THE Riverbend Consolidated Mining Corp.  submitted on Wednesday the highest offer for the sale of the structures, plant equipment, auxiliaries and accessories of the decommissioned 850-megawatt Sucat Thermal Power Plant in Muntinlupa City. “Riverbend was declared the bidder with the highest offer...
THE Manila Electric Co. (Meralco) underscored the urgency for the regulators to act on its applications for approval of the utility firm’s power-supply agreements (PSAs), saying delays will likely affect consumer benefits and have an impact on project cost...
THE Manila Electric Co. (Meralco) is exploring to further expand in Nigeria and explore the market in Indonesia, its top official said on Tuesday. Meralco President Oscar Reyes said another distribution utility in Nigeria is interested to partner with the...
THE Power Sector Assets and Liabilities Management (PSALM) Corp. has pre-qualified three interested bidders vying for the sale of the structures, plant equipment, auxiliaries and accessories of the decommissioned 850-megawatt (MW) Sucat Thermal Power Plant in Muntinlupa City. Out of the...
OIL companies on Monday said they would raise the prices of gasoline and diesel on Tuesday morning. In separate advisories, Phoenix Petroleum, Eastern Petroleum, Seaoil Philippines and PTT Philippines will increase the prices of diesel by P0.75 per liter, gasoline by P0.55...
THE Department of Energy (DOE) has issued a circular declaring the launch of a spot market in Mindanao next month. “It has been signed and published.  The launch is on June 26,” Energy Secretary Alfonso G. Cusi said in a text...
PHOENIX Petroleum Philippines Inc. is acquiring Petronas Energy Philippines Inc. (Pepi), a subsidiary of Petronas Dagangan Berhad (PDB) engaged in selling and marketing liquefied petroleum gas (LPG) and other petroleum products. A memorandum of understanding was signed by the oil firm...
THE National Grid Corp. of the Philippines (NGCP) and the Department of Information and Communications Technology (DICT) are currently coordinating for a project partnership involving the use of transmission facilities for the country’s broadband program. As the country’s sole power-transmission...
THE National Renewable Energy Board (NREB) will propose to the Department of Energy (DOE) to extend the period for developers of hydro and biomass to complete their projects in order to avail themselves of the current feed-in tariff (FiT). The...
GLOBAL Business Power Corp. (GBPC) seeks to more than double its current power-generation capacity from 854 megawatts (MW) to as much as 2,000 MW in five years. “Our main thrust is to expand into other regions, particularly the Luzon and Mindanao...
THE Department of Energy (DOE) has cleared three power projects for the conduct of a grid-impact study. The proposed projects could generate a total of 1,880 megawatts (MW) of installed power capacity. A clearance for the conduct of a grid impact...
THE National Grid Corp. of the Philippines (NGCP) has completed the permanent restoration of tower 34 of its Biñan-Muntinlupa 230 kilovolt line last Sunday, 10 days ahead of its May 31 target date. The tower, which collapsed after a fire broke out in...