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Lopez-led First Gen Corp. has launched an integrated electric vehicle project to further reduce the company’s carbon emissions.

First Gen earlier this month awarded BW Gas a five-year charter contract for its BW Paris FSRU for the LNG project on the island of Luzon, with imports scheduled to start as early as the third quarter of 2022. First Gen’s LNG import project will help meet the power demands of 4.5 million homes by supplying volumes to existing gas-fired power plants, which in 2019 were responsible for delivering 13,876 gigawatt hours into the Luzon grid. "Wherever you are in the world, access to a stable and reliable power supply is critical for advancing social and economic development," said Jacobs people ...

8 Rivers Unveils 560 MW of Allam Cycle Gas-Fired Projects for Colorado, Illinois 8 Rivers Capital, inventor of a novel supercritical carbon dioxide (CO 2) cycle, plans to begin operating a 280-MW NET Power natural gas–fired plant within the Southern Ute Indian Reservation in southwest Colorado by 2025. The company on April 15 also said it will team with agricultural and processing firm Archer-Daniels-Midlands Co. (ADM) to locate a 280-MW NET Power facility in Decatur, Illinois.  The proposed projects are a giant leap forward for Durham, North Carolina- headquartered venture capitalist firm...

Published April 5, 2021, 2:36 PM Lopez-led First Gen Corporation has selected Norwegian firm BW Gas Limited for its five-year time chartering of floating storage regasification unit (FSRU) relative to the liquefied natural gas (LNG) import facility that it will be setting up at its Clean Energy Complex in Batangas. In a disclosure to the Philippine Stock Exchange, First Gen stated that “the FSRU to be provided – the BW Paris – has LNG storage capacity of 162,400 m3 and a nominal and peak gas send out capacity of 500 MM scfd (million standard cubic feet per day) and 750 MM scfd, respecti...

Published December 21, 2020, 3:12 PM Lopez-led First Gen Corporation, through its corporate vehicle FGEN LNG Corporation, has formally shortlisted three prospective bidders on its procurement of floating storage regasification unit (FSRU) for its interim liquefied natural gas (LNG) import facility in Batangas. The company announced that its preferred tenderers are foreign firms: BW Gas Limited; Dynagas Ltd.; and Hoegh LNG Asia Pte. Ltd.; and these were selected after the company had completed initial evaluation of their offers. BW Gas Limited is subsidiary of the BW Group, which is headquarte...