Cebu-based Vivant Corporation reported a 36% drop in net income to Php1.71 billion in 2020 from Php2.67 billion year-on-year. Based on the firm’s annual report..
A total of 8,977.1 megawatts (MW) have been committed or are expected to be added to the country’s generating capacity as of end-2020, based on..
After more than a year of waiting, the Department of Energy (DOE) has officially approved the sale of Chevron’s 45% share in the Malampaya gas-to-power..
Petron Corporation has drafted a final offering for its planned issuance of United States (US) Dollar-denominated senior perpetual capital securities worth $550 million (Php26.7 billion)..
A total of 44 Energy Service Companies (ESCOs) have registered with the Department of Energy (DOE), the agency said. Based on a BusinessMirror report, Energy..
The Manila Electric Company (MERALCO) is extending its no-disconnection policy until April 30 following the government’s decision to place Metro Manila and neighboring provinces under..
Pilipinas Shell Petroleum Corporation (PSPC) eyes a rebound in sales volume and return to profitability again next year as it foresees the easing of the..
Lopez-led Energy Development Corp. (EDC) has allotted Php17 billion in capital expenditures (capex) this year for its growth projects and to ensure long-term development. Based..
The peak demand in Luzon and Visayas is expected to breach 12,000 megawatts (MW) in the next three month, according to the Independent Electricity Market..
Customers of the Manila Electric Company (MERALCO) should indeed expect an increase in electricity bills for April as a result of higher rates in the..