Page 10 - First Gen News Today

Diversification is new mantra as wealth of richest Filipinos jump to $80 billion

The Philippines is emerging as a new frontier LNG market, according to BMI.

Lopez-led First Gen Corp. (First Gen) posted a recurring net income of P9 billion in the first semester, up by 30 percent from last year’s P7 billion, due to the strong performance of its subsidiary, Energy Development Corp. (EDC). “It was EDC that mainly delivered higher earnings as a result…

The Department of Energy is heartened by developments in shoring up the country’s supply of gas, but some advocates want a stronger push for renewable energy.

Energy Development Corporation (EDC), the all-renewable energy arm of Lopez-led First Gen Corporation, has received accolades anew for BINHI, its institutionalized regreening and reforestation program focused on rescuing and propagating endangered local tree species. At the 2023 Tambuli Asia Pacific Awards, BINHI won the top Gold citation under the Care…

THE Department of Energy (DoE) cited the renewal of the Malampaya service contract as one of the major accomplishments of the current administration, which focuses on utilizing indigenous energy sources for reliable, stable and affordable electricity supply.

THE Department of Energy (DOE) cited the renewal of the Malampaya service contract and enforcement of renewable energy (RE) policies as among the major accomplishments of the current administration, which has been pushing for energy security amid rising world oil prices. In a report, the agency said the extension of Malampaya’s Service…

THE Department of Energy (DoE) has approved the proposed gas aggregation strategy of Razon-led Prime Infrastructure Capital Inc. (Prime Infra) and Lopez-led First Gen Corp.

THE Department of Energy (DOE) fully supports the proposed gas aggregation strategy of Razon-led Prime Infrastructure Capital Inc. and Lopez-led First Gen Corp. as this will result in lower electricity prices for consumers amid the Ukraine-Russia war that has already led to a spike in international gas prices. “That’s what…

Discover the exciting cast of the upcoming unauthorized Hunter S. Thompson musical, featuring George Abud, Jeannette Bayardelle, and more. Get a behind-the-scenes look at the star-studded production and learn about the talented actors bringing Thompson's iconic story to the stage.