Pilipinas Shell Petroleum Corporation registered a Php 7.8 billion net income for the first half of 2022, a huge jump from the Php 2.2 billion recorded in the same period last year. ...
The Department of Energy (DOE) is being pushed to submit its Php 266 million nuclear power development study to the Senate, which remains unavailable to the public until today. In a report...
Should there be no major breakdowns of power plants, the country has enough power reserves for the next six months, Department of Energy (DOE) Secretary Raphael Lotilla said during the organizational meeting...
The Aboitiz Power Corporation has partnered with Singapore-based Clime Capital Management and Rocky Mountain Institute (RMI) to explore the country’s potential in offshore wind energy. AboitizPower and the two foreign entities will...
The moratorium on building new coal-fired power plants in the country will remain under the Marcos Administration, Energy secretary Raphael Lotilla said. Lotilla said that changing the policies would only send mixed...
Energy Secretary Raphael Lotilla is leaving the Philippine National Oil Company-Exploration Corp. (PNOC-EC) to resolve the issues regarding the sale of the Malampaya stake between Shell Philippines Exploration B.V (SPEX) and Udenna...
With the Senate Committee on Energy looking to investigate the power interruptions in the provinces, Senator Raffy Tulfo said that previous officials of the Department of Energy (DOE), local government units, and...
Ayala-led ACEN Corporation is looking to expand its renewables capacity to 20 gigawatts (GW) by 2030. In a disclosure to the Philippine Stock Exchange, ACEN said that its board of directors approved...
The Manila Electric Co. (MERALCO) has announced a Php0.2087 per kilowatt-hour (kWh) reduction in its electricity bills for the month of August. This would bring the overall rate to Php9.5458 per kWh...
Gas’s role in the country’s energy transition must be reviewed following the depleting supply of the Malampaya Gas field and the tightening of the supply market due to the Russia-Ukraine war, a...
