Page 24 - First Gen News Today

Owing to disrupted fuel supply in its gas-fired power plants due to the depleting state of the Malampaya gas field, the recurring net income of First Gen Corporation in the first half decelerated by 13 percent to P6.6 billion ($128 million) from a rosier financial outcome of P7.8 billion ($148 milli

Fuel availability issues dragged down earnings of First Gen Corp. in the first half despite achieving higher revenues.

The Monde Nissin group has tapped First Gen Corp. subsidiary Energy Development Corp. for the supply of renewable energy.

Newly elected President Ferdinand Marcos Jr reiterated his support for more renewable energy, as well as nuclear power, and natural gas, in the

With the repricing of fuel supply from the Malampaya gas field, power utility giant Manila Electric Company (Meralco) is expecting upward adjustment in the electric bills to their customers in this August billing cycle. According to Meralco, while all billings from its power suppliers are stil

CLEAN ENERGY. The Mahanagdong geothermal power plant of the Energy Development Corp. (EDC), a unit of First Gen Corp., in Leyte. The ineligibility of the EDC to participate in the competitive selection process is the primary reason why consumers in host communities do not enjoy lower rates, an official said Friday (July 29, 2022).(Photo courtesy of First Gen) ORMOC CITY, Leyte - The ineligibility of the Energy Development Corp. (EDC) to participate in the competitive selection process (CSP) is t...

The selected 50 best exotic cars have made their mark in history and have proven themselves as worthy of admiration and preservation.

Only one of seven proposed liquefied natural gas (LNG) projects is due to start up this year in the Philippines despite decades of planning for imports of

Terminal developer AG&P aims to import the first LNG cargo to the Philippines by the end of this year despite high spot LNG prices.

Energy Development Corp. has secured a contract to supply power to the entire island of Bohol for a decade.