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The mayor of Alaverdi town has confirmed that one person has been killed in their community by the May 26 floods in Armenia's northern regions that brings the number of casualties to two as search and rescue efforts continue. Davit Ghumashyan...
“Granting SMEC a TRO will ‘not serve its purpose, since it will have the effect, not of maintaining the contract price, but of setting aside the assailed order
The Malampaya gas field, a discovery made in deep water that established Palawan as an oil and gas frontier, may yet provide the country with the much-sought energy security that could boost the country’s economic potential. This welcome development arose from the move of Prime Energy, operator of Service Contract…
The long-awaited aspiration of President Marcos, shared by the entire Filipino population burdened by frequent brownouts, is on the brink of becoming a reality: achieving comprehensive energy security in the country. In a landmark move to address the energy woes that have perennially beset the country, three of the largest…
San Miguel Global Power Holdings Corp. (SMGP) entered into a subscription agreement with Azure Venture Investments Ltd. worth $800 million. In a filing, the power arm of conglomerate San Miguel Corp. said it executed an agreement with the offshore private equity fund covering the subscription of redeemable perpetual securities of…