rights offering (SRO) was fully subscribed by its public shareholders. The SRO, which consists of 1.88 billion shares priced at Php 1.50 per share, was..
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BDO Unibank Inc. has pledged to cut its coal exposure by as much as 50% in the next decade as it shifts to funding renewable..
After two consecutive months of reduction in power rates, the Manila Electric Co. announced a Php 0.3907 per kilowatt-hour (kWh) increase in its overall rate..
The Board of Investments has approved $ 6 billion worth of total investments in renewable energy projects, Trade and Industry Secretary Alfredo Pascual said. Pascual,..
The Department of Energy (DOE) would need to review the power outlook for 2023 due to the volatility of the gas market, Energy Secretary Raphael..
The Department of Energy (DOE) has ordered the Atlantic, Gulf, and Pacific Company (AG&P) to submit a written justification for the deferred commercial operation date..
The Department of Energy (DOE) wants the National Power Corporation (NAPOCOR) to gain access to banks’ credit lines as it pursues the electrification of far-flung..
With electricity prices rising nationwide, the Energy Regulatory Commission (ERC) is looking to review and update the parameters of distribution utilities (DUs) compliance with the..
Only Php 51.9 million was spent during the preparation and crafting of the nuclear energy policy framework during the Duterte Administration, a former Department of..
Former Foreign Affairs Secretary Albert Del Rosario said that the Marcos Administration should proceed with the country’s oil and gas exploration and development in the..
