San Miguel Corporation (SMC), through its power arm SMC Global Power Holdings Corporation, said it is in the advanced stages of completion of its’ 31 new battery energy storage system (BESS) facilities...
AC Energy (ACEN) is investing Php4.5 in its subsidiary that will run its solar project in San Marcelino, Zambales. Based on its disclosure to the Philippine Stock Exchange on Wednesday, the said...
The Department of Energy (DOE) said it stands firmly behind any of Pres. Rodrigo Duterte’s decisions and actions regarding the assertion of the exclusive licensing authority of the Philippines over petroleum and...
The Manila Electric Company (MERALCO) and the Philippine Rural Electric Cooperatives Association (PHILRECA) party-list are appealing to the public to be more responsible in using electricity, as dry months persist and temperatures continue...
Phoenix Petroleum has cut down its capital expenditure (capex) for 2021 to Php800 million, nearly half its Php1.5 billion allocation in 2020 to save cash and rationalize spending. Based on a report...
AC Energy (ACEN) is eyeing its follow-on offering (FOO) on May 14, the company said during its annual stockholders meeting on Monday. Based on a report from The Philippine Star, the date...
Petron Corporation has completed the issuance of its unsubordinated capital securities worth $550 million (Php26.7 billion). In a disclosure to the Philippine Stock Exchange on Tuesday, the country’s largest oil firm said...
Lopez-owned Energy Development Corporation (EDC) has tapped Milan-based Exergy International for the supply of an organic rankine cycle (ORC) binary system for its first brine recovery geothermal plant at the foot of...
AC Energy (ACEN) is looking to develop solar, wind and battery energy storage systems (BESS) projects this year to increase its renewable energy (RE) portfolio. At the company’s annual stockholders meeting on...
Lopez-led First Gen Corporation, through subsidiary FGEN LNG Corporation, has selected Dallas-based engineering firm Jacobs to build its interim liquefied natural gas (LNG) terminal project in Batangas City. Jacobs will particularly deliver...
