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A total of Php82.9 will be invested for the development of liquefied natural gas (LNG) terminal projects in the country, according to the Department of Energy (DOE). Lucio Tan’s Batangas Clean Energy...
Average electricity prices at the Wholesale Electricity Spot Market (WESM) surged to almost Php8 per kilowatt-hour (kWh) this May due to increased demand as the economy slowly recovers, according to the Independent...
Lopez-led First Gen Corporation recently said over that it plans to open the 1,200-megawatt (MW) Santa Maria natural gas power plant in Batangas either by late 2024 or early 2025. First Gen...
The Energy Regulatory Commission (ERC) will conduct a series of public hearings on the Php17.8 billion worth of batch two capital expenditure (capex) projects of the National Grid Corporation of the Philippines...
The Supreme Court (SC) has ruled with finality that Enrique Razon-led More Electric and Power Corporation (MORE Power) is Iloilo City’s power distributor. In a resolution released on Tuesday, the high court...
First Gen Corporation announced that it has signed six-year term loan facilities amounting to $308 million (around Php14.8 billion) with four banks primarily to repay the existing debts of its 500-megawatt (MW)...
The Manila Electric Company (MERALCO) is planning to get 1,500 megawatts (MW) in renewable energy (RE) sources for its power needs in the next five years, as the power giant advances the...
PXP Energy, through subsidiary Pitkin Petroleum Z-38 SRL, has launched a case against Australian partner Karoon Gas Australia Limited for breach of its obligation to drill a second well in its service...
The Manila Electric Company’s (MERALCO) power demand in its franchise area improved this April compared to the same period last year as the government boosts its COVID-19 vaccination efforts. MERALCO’s energy sales...
First Gen Corporation has confirmed its interest in purchasing the Philippine National Oil Company’s (PNOC) “banked gas” from the Malampaya gas field worth Php33 billion to Php38 billion. In a disclosure to...
