Brix Lelis

Taguig

Business Reporter at The Philippine Star

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Articles

Malaysia LNG to tap growing demand in Philippines

6 days ago | philstar.com | Brix Lelis

SARAWAK – Malaysia LNG Group of Companies (MLNG), a subsidiary of energy giant Petronas, is positioning itself as a key liquefied natural gas supplier in Southeast Asia, with the Philippines among its target markets. Speaking to visiting reporters, MLNG managing director and CEO Laga Jenggi said the company is stepping on the gas pedal to become an enabler of energy resilience amid the bold shift to cleaner fuels.
Close To P5 Per Liter Gas Price Hike Looms

1 week ago | onenews.ph | Brix Lelis

Politics & Other News Features Brix Lelis June 21, 2025 The market is on edge as the persistent tensions abroad could disrupt trade flows in the Strait of Hormuz, a major trade route for global oil and gas shipping. A motorcycle rider seen at a gasoline station in East Avenue in Quezon City on June 20, 2025.
Pertamina seals $120 million buy-in of Citicore

1 week ago | philstar.com | Brix Lelis

MANILA, Philippines — Indonesian power giant Pertamina has completed its acquisition of a 20-percent stake in tycoon Edgar Saavedra’s Citicore Renewable Energy Corp. (CREC) for $120 million. Pertamina, through Pertamina New & Renewable Energy (Pertamina NRE), and CREC signed a share subscription agreement involving about 2.23 billion common shares.
DOE: Drilling operations begin at Malampaya field

1 week ago | philstar.com | Brix Lelis

MANILA, Philippines — Drilling operations under the Malampaya Phase 4 project are now set in motion following the arrival of the drillship, which will tap new wells in a bid to deliver new gas supply next year. The Department of Energy (DOE) said the seventh-generation Drillship Noble Viking arrived at the drill site offshore Palawan on June 19, signaling the start of the Malampaya drilling.
Close to P5 per liter gas price hike looms

1 week ago | philstar.com | Brix Lelis

MANILA, Philippines — Motorists should expect an increase of almost P5 per liter at the pump next week, amid supply fears caused by escalating tensions in the Middle East. Citing geopolitical conflict, the Department of Energy (DOE) has indicated per-liter price hikes of P2.50 to P3 for gasoline, P4.30 to P4.80 for diesel and P4.25 to P4.40 for kerosene. The estimates reflect the trading results in the global oil market over the past four days.
ACEN goes all-in on RE

1 week ago | philstar.com | Brix Lelis

MANILA, Philippines — Ayala-led ACEN Corp. is divesting its remaining diesel assets as part of a bold strategy to fully transition to renewable power by year-end. The move comes after the company’s executive committee approved the sale of three special-purpose vehicles that own diesel plants to ACEN’s majority shareholder, AC Energy and Infrastructure Corp. (ACEIC).
Petronas keen on entering Philippines LNG market

1 week ago | philstar.com | Brix Lelis

KUALA LUMPUR – Malaysia’s state-run energy giant Petronas is ready to enter the Philippine liquefied natural gas (LNG) market, considering investments in key infrastructure such as import terminals. In an interview here on Tuesday, Petronas LNG Ltd. CEO Ezran Mahadzir affirmed the company’s commitment to support the Philippines in meeting rising power demand and advancing energy transition goals. “The Philippines is a market that’s growing.
Pertamina eyes geothermal business in Philippines

1 week ago | philstar.com | Brix Lelis

KUALA LUMPUR – Indonesian power giant PT Pertamina is interested in exploring and investing in the untapped geothermal potential of the Philippines, according to a top executive. On the sidelines of the 2025 Energy Asia Awards held here on Monday, Pertamina vice president director Oki Muraza told The STAR the company sees growth opportunities in the Philippines, particularly in geothermal. “Basically, if we (look at) the Philippines, it’s just in line with Sulawesi.
Energy chief’s parting call

1 week ago | philstar.com | Brix Lelis

Notes on the beatMANILA, Philippines — “Are you better off now in terms of energy security and energy supply than three years ago?”That’s how former energy secretary Raphael Lotilla summed up his performance when asked to reflect on his second stint as head of the Department of Energy (DOE). Lotilla, who first served as energy chief under the Arroyo administration, made his return to the DOE in 2022, when President Marcos assumed office.
RCBC lends P498 million for PGEC solar farm

1 week ago | philstar.com | Brix Lelis

MANILA, Philippines — Yuchengco-led PetroGreen Energy Corp. has secured P498 million in financing from Rizal Commercial Banking Corp. (RCBC) for its utility-scale solar farm in Nueva Ecija. PGEC, through San Jose Green Energy Corp., recently signed an omnibus loan and security agreement with RCBC to bankroll the 19.6-megawatt (MW) San Jose Solar Power Project (SJSPP). SJGEC is a subsidiary of Rizal Green Energy Corp., a joint venture between PGEC and Japan’s Taisei Corp.