Oil conglomerate Petron Corp. has set an offer up to $401,957,000 in tender notes to repay its outstanding securities of $750 million listed in The Stock Exchange of Hong Kong Limited....
Mining company Oriental Peninsula Resources Group. Inc is set to energy the power generation business through target investments in renewable energy. Oriental Peninsula disclosed that it has received the approval from its...
Ayala Corp’s AC Energy will split into two wholly-owned subsidiaries for renewable energy and thermal energy to be more flexible in expanding project portfolios. In a disclosure, the Ayala holding company said...
With the Tax Reform for Acceleration and Inclusion (TRAIN) Law taking effect this year, electricity bills are seen to increase due higher coal excise tax and other factors. Under the TRAIN law,...
Over 5,000 megawatts worth of contracts remains frozen on the table of the Energy Regulatory Commission (ERC) due to the lack of quorum. In a Senate hearing this week, ERC chairperson Agnes...
The National Grid Corp. of the Philippines (NGCP) sees enough reserves to cover another record high in peak demand this 2018 if not for any delays in committed power projects. The peak...
The Power Sector Assets and Liabilities Management Corp (PSALM) is waiting for a decision from its board as they prepare for the privatization of two of its power plants. The firm is...
Aboitiz Power Corp. has announced the permanent shut down of its biomass plant located in Batangas. The 8.8 megawatt (MW) plant of Aseagas Corp, which has been on shut down since last...
Pure Energy Holdings Corp. (PEHC) has gained majority stakes in three Central Luzon-based solar power plants. PEHC said that its solar subsidiary, Just Solar Corp., inked a share purchase agreement to initially...
Power Industry players here and abroad will once again join forces for the future of the country’s energy industry at the 6th Power Southeast Asia Conference & Exhibition (PSEA) this month. With...
