The Energy Regulatory Commission (ERC) has granted a provisional authority for Victorias Milling Company (VMC) to operate its 40-megawatt (MW) biomass co-generation power plant in..
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The board of Ayala-led ACE Enexor has approved the conduct of a follow-on offering (FOO), wherein 74 million shares would be issued. In a disclosure..
Cebu-based Vivant Corporation registered a total consolidated net income attributable to parent of Php1.78 billion in 2021, up 23% from Php1.44 billion in 2020. In..
Lopez-led First Gen Corporation, registered a flat growth of Php12.4 billion in 2021 due to high global oil prices and supply restrictions that affected prices..
The Department of Energy (DOE) has approved the proposal of Ayala-led ACE Enexor and joint venture partner Pryce Corporation consortium to commence drilling in the..
Citicore Renewable Energy Corporation (CREC), will be supplying renewable energy (RE) to a franchisee of Toyota Motor Philippines in Cebu – the RE company’s first..
While it is possible for the Philippines to run on 100% renewable energy (RE), the transition may take decades, and the help of other energy..
The Energy Regulatory Commission (ERC) is studying the appeal of power generation companies (gencos) to lift the Php6.245 per kilowatt-hour (kWh) secondary price cap (SPC)..
PNOC-Exploration Corporation (PNOC-EC) is looking at the possibility of buying back Chevron’s shares, as well as acquiring a portion of Shell Philippines Exploration B.V’s (SPEX)..
The Manila Electric Company (MERALCO) is looking for bidders for the 180-megawatt (MW) baseload supply needed for this summer. “This 180MW supply is meant to..
