The Philippine National Oil Co. (PNOC) and First Gen are still on board to spearhead the country’s LNG-hub aspirations with $2 billion worth LNG ‘megaproject.’..
The Aboitiz Power Corporation saw a two percent (2%) decline in its core net income to P9.7 billion for the first half of 2017 due..
Business tycoon Manny V. Pangilinan is looking into reopening its oil explorations despite the long-time territorial conflict in the West Philippine Sea versus China. Pangilinan’s..
The First Gen Corp. will sell 31.5 percent of its subsidiary, Energy Development Corp. (EDC) to the consortium of investment fund managers of the Macquarie..
Energy Regulatory Commission (ERC) chair Jose Vicente Salazar is suspended once more, this time for four months, due to insubordination. Communications Secretary Marie Banaag announced..
The Department of Energy (DOE) is seeking help from the private sector for the integrated facility project for liquefied natural gas (LNG). This is after..
The Energy Regulatory Commission (ERC) extended the compliance period for private generation companies (gencos) and distribution utilities (DUs) to June 29, 2018. With the extension,..
Power Sector Assets and Liabilities Management Corp (PSALM) is seeking regulators’ approval to pass onto consumers some P3.69 billion in losses; these stemmed from contracts..
The infrastructure program of President Duterte—dubbed as “Build, Build, Build”—is facing a serious roadblock: a literal lack of power. Observers say the energy sector must..
PetroEnergy Resources Corp. (PERC) has secured environmental clearances for its 10-megawatt (MW) Puerto Princesa solar project. The 10 MW solar project is expected to be..