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Consunji-led Semirara Mining and Power Corporation (SMPC) posted a 279% jump in its consolidated net income for the second quarter of 2021 at Php3.98 billion from Php1.05 billion in the same period...
Dennis Uy-led Phoenix Petroleum posted a Php132 million net income in the second quarter of the year, a turnaround from the Php5 million net loss posted in the same period last year....
Filipino Olympic boxer Nesthy Petecio will also be getting cash incentives, this time worth Php13 million, for her silver finish in the Tokyo games. Manila Electric Company (MERALCO) and PXP Energy’s Manny...
Aboitiz Power Corporation is looking to spend around Php190 billion over the next decade for an additional 3,700 megawatts (MW) under its renewable energy (RE) portfolio in a bid to reach a...
Power interruptions are among the usual reasons given behind cheating allegations in elections, but the Department of Energy (DOE) still could not assure that rotating blackouts will not happen during the elections...
Power generation companies (gencos) that caused the Red Alerts and rotational brownouts in Luzon from May 31-June 2 will soon be slapped with penalties, according to the Energy Regulatory Commission (ERC). At...
The National Grid Corporation of the Philippines (NGCP) is looking to finish the Mindanao-Visayas Interconnection Project (MVIP) within the first quarter of 2022. During the House Committee on Energy’s hearing last week,...
Upcoming hydroelectric projects in Mindanao will be up for evaluation soon, in line with efforts to balance the use of fossil fuel and renewable energy power sources, according to an official of...
The Department of Energy (DOE) had ordered the power industry players in Mindanao to continue with the central scheduling scheme in place for the Wholesale Electricity Spot Market (WESM) until the department...
PXP Energy recorded a lower core net loss of Php22.2 million in the first half of 2021, 19% lower from Php26.9 million in the same period last year. The Manny V. Pangilinan-led...
