The Bureau of Customs (BOC) ordered Pilipinas Shell Petroleum Corporation (PSPC) to pay the first installment of its Php3.49 billion back taxes for its past alkylate importations on or before December 27....
The Philippines and Indonesia may be the first countries in Asia to remove coal from their energy mix. This comes on the back of commitments from the Asian Development Bank (ADB) to...
The National Power Corporation (NAPOCOR) has named Atty. Melchor Ridulme as officer-in-charge (OIC) following the death of its President Pio Benavidez on Tuesday. Ridulme, who was the government-owned firm’s vice president and legal...
The much-awaited rehabilitation of the Agus-Pulangi hydroelectric power plant system in Mindanao will finally push through after the World Bank (WB) approved its $700,000 (around Php33.4 million) financing to jumpstart preparations for...
The government is planning to acquire coal-fired power plants in Mindanao, especially the older ones, in order to shut them down once the Agus-Pulangi hydropower plants start running at higher capacity, said...
Government-owned Power Sector Assets and Liabilities Management Corporation (PSALM) has rejected the new condition recently imposed by SMC Global Power Holdings (SMCGPH) unit South Premiere Power Corporation (SPPC) for the ownership of...
Sec. Carlos Dominguez III said that the Department of Finance (DOF) will look into the supposed insertions Congress made in its version of the Corporate Recovery and Tax Incentives for Enterprises (CREATE) bill,...
