Alsons Consolidated Resources, Inc. (ACR), which has power generating assets concentrated in Mindanao, said it was given a “PRS A+ (corp.) with a Stable Outlook” issuer credit rating from the Philippine Rating...
Companies involved in the up and coming liquefied natural gas (LNG) industry are seeking more incentives to help develop and sustain the country’s natural gas sector. LNG industry players raised their incentive...
The Manila Electric Company (MERALCO) has sought the approval of the Energy Regulatory Commission (ERC) to refund customers Php13.9 billion, or Php0.1528 per kilowatt hour (kWh) within 24 months, reflecting the calculation of...
Lopez-led Energy Development Corporation (EDC) has begun construction works on the expansion of the Bacon-Manito (BacMan) Geothermal Power Plant. EDC recently announced that First Balfour, also a Lopez firm, has secured the Php1.3...
The Department of Energy (DOE) is beefing up efforts to attract Php10 trillion in new energy projects under the updated Philippine Energy Plan. Michael Sinocruz, chief of the DOE’s Planning Division said in...
The Department of Energy (DOE) has cancelled Phoenix Petroleum Philippines’ application to build a liquefied natural gas (LNG) facility, according to one of its officials. During a Senate hearing on Tuesday, Energy...
The GNPower Kauswagan coal-fired power plant, as well as eight other projects, have secured approval from the Department of Energy to conduct a system impact study (SIS) on their respective facilities. GNPower...
Power distribution giant Manila Electric Company (MERALCO) said on Tuesday that it would look into Sen. Risa Hontiveros’ proposal to extend its instalment scheme for consumers who continue to suffer from the...
A subsidiary of Royal Dutch Shell revived plans to join the country’s liquefied natural gas (LNG) industry, a Department of Energy (DOE) official said on Tuesday. Energy ASec. Leonido Pulido III said...
Balancing the market for the remaining reserves in the Malampaya gas field is a key consideration in light of the proposed development of a midstream liquefied natural gas (LNG) industry in the...
