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..
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Less than a week after Davao-based tycoon Dennis Uy secured control of the Malampaya gas-to-power project, Phoenix Petroleum — a firm under his Udenna Group..
Energy Development Corporation (EDC) will continue to develop geothermal projects overseas despite the delays it encountered due to the COVID-19 pandemic. The Lopez-led firm said..
AC Energy (ACEN) announced that it has signed an agreement with Pacific Synergy, a fast moving consumer goods company, to provide its Laguna plant facility with..
The Department of Energy (DOE) has approved the new trading interval at the Wholesale Electricity Spot Market (WESM) of five minutes, shortened from the existing..
The guidelines for the Department of Energy’s (DOE) Green Energy Auction Program (GEAP) will be issued next month, though the actual bidding for renewable energy..
The Senate Committee on Energy will conduct an inquiry into the status of the sale of Shell Philippines Exploration B.V.’s (SPEX) 45% stake in the..
Enrique Razon-owned Prime Infrastructure Holdings Corporation (Prime Infra) has established a new subsidiary for its waste-to-fuel project being developed in partnership with US-based WasteFuel Global. ..
Lopez-led First Gen Corporation is allocating about $530 million (around Php25.4 billion) in capital expenditures (capex) for this year to mostly fund geothermal, gas, and..
Petroleum firms will be passing on in increments to motorists up to Php0.80 per liter increase in gasoline prices. The pass-on charge would cover the..
