Pilipinas Shell Petroleum Corporation said it has secured a Php6 billion medium-term loan to mainly to repay its earlier short-term loan. In a disclosure to the Philippine Stock Exchange (PSE) on Monday,...
Fresh from its Php2.7 billion initial public offering (IPO), Solar Philippines Nueva Ecija Corporation (SPNEC) said it is preparing a planned expansion under a joint venture. SPNEC, the developer of the 500-megawatt...
Following the approval of JERA Asia Private Limited’s investment in Aboitiz Power Corporation, JERA Asia CEO Toshiro Kudama took his seat in the board of the country’s largest power generator. Kudama is...
Ayala-led ACEN and its subsidiary ACE Endevor, Inc. have acquired 60% of renewable energy (RE) firm Nature’s Renewable Energy Development Corporation (NAREDCO) for its 200-megawatt direct (MWdc) current solar power plant project...
Power in five electric cooperative (EC) franchise areas in Bohol, Dinagat Islands, and Surigao Del Norte — including Siargao Island — may not be restored in time for the new year, according...
The Department of Energy (DOE) has sent inspectors from its field offices to check on the reported surge in fuel prices despite an assurance that there is still enough supply available for...
Senate energy committee chairman Sherwin Gatchalian commended PNOC-Exploration Corporation (PNOC-EC) after revealing during last week’s hearing that it will withhold its consent on the sale of Shell Philippine Exploration B.V.’s (SPEX) stake...
Aboitiz Power Corporation, through subsidiary Cebu Private Power Corporation (CPPC), has switched on its oil-fired power plant in Cebu City to assist in immediately restoring power in its surrounding areas, particularly to...
Should she win the presidency in the May 2022 elections, Vice President Leni Robredo says she would prioritize “putting electric and communication lines underground, particularly in typhoon-prone areas.” In a post on...
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....
