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Phoenix Petroleum Philippines of Davao-based businessman Dennis Uy has clarified that the company is not for sale, though investors are welcome to boost capital for further expansion. In a report by The...
A consumer group believes that the government’s moratorium on the construction of new coal power projects should have ended Kingstone Energy’s bid to supply part of the Manila Electric Company’s (MERALCO) 1,800-megawatt...
First Gen Corporation said that it has finished repairing the Unit 70 generator of its San Gabriel Combined Cycle Power Plant in Batangas, which was damaged following a trip in September 2020....
AC Energy is hoping to raise up to nearly Php20 billion by offering up to 2,430,248,617 billion common shares in its follow-on offering (FOO), based on the registration statement it submitted to...
AC Energy and its joint venture partner UPC Renewables have secured financing from three banks for the 720-megawatt (MW) New England Solar Farm (NESF) in the state of New South Wales (NSW),...
An infrastructure-oriented think-tank is urging the Department of Energy (DOE) to implement stricter rules in the competitive selection process (CSP) of power distribution utilities after three bidders, particularly Kingstone Energy, were disqualified from...
Davao-based businessman Dennis Uy is looking to sell Phoenix Petroleum, the country’s third-largest oil player, as the petroleum industry continues to feel the effects of the COVID-19 pandemic. In a report by...
The National Grid Corporation of the Philippines (NGCP) has allotted a huge capital expenditure (capex) of over Php262 billion to expand and upgrade the country’s grid system in the next four years....
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