Phoenix Petroleum Philippines, Inc. (PNX) recently announced they will put on sale their shipping and industrial park businesses after receiving approval from its Board of Directors (BOD). Wholly-owned subsidiaries Chelsea Shipping Corp....
Senator Richard Gordon has urged the Department of Energy (DOE) to prepare for a power gap in the country, saying that the government should assure adequate power supply to support an increasing...
The scheduled initial public offering (IPO) of Pilipinas Shell Petroleum Corp. on November 10 may happen earlier than expected depending on its market conditions, the company’s underwriter said. “We’re fine tuning the...
The Department of Energy is looking to limit renewable energy exposure in areas like Negros Island where transmission line constraints are present. DOE assistant director Mario Marasigan said they were trying to avoid...
There are still many things the Philippines needs to work out before forming a concise nuclear energy policy, power experts said. In her closing remarks during the nuclear energy conference last week,...
Operations of Unit 20 of the 1, 000-megawatt (MW) Sta. Rita combined cycle power plant of First Gen Corp. have been put on hold until October as its damaged transformer is replaced....
A species conservation program of the Energy Development Corporation (EDC) has planted more than 4,700 future mother trees to save the country’s native trees and preserve Philippine Forests. EDC’s Binhi Tree for...
The Panay Energy Development Corp. (PEDC) is looking to operate its P15.6 billion Iloilo coal plant expansion this month following its successful synchronization to the Visayas Grid. PEDC has connected the PEDC3 150-megawatt (MW)...
A bill that seeks to end electricity system loss charges by private electric companies and lower the recoverable system loss cap of rural electric cooperatives has been filed in the House of...
The Institute for Climate and Sustainable Cities (ICSC) is urging the Energy Regulatory Commission (ERC) to hasten the appropriation of the net-metering scheme and offset the rise of fossil-fueled plants in the...
