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(UPDATED) The Manila Electric Company (MERALCO) has confirmed receipt of the Energy Regulatory Commission’s (ERC) order to refund to its customers over-recoveries of its pass-through charges worth Php1.4 billion and to collect under-recoveries worth...
Meralco PowerGen Corporation (MGen), the power generation arm of the Manila Electric Company (MERALCO), the country’s largest power distributor has taken full ownership of Global Business Power Corporation (GBP), the largest power...
The Philippines has yet to catch the attention of foreign investors to develop the country’s geothermal and biomass resources for power despite the government allowing full foreign ownership of such projects, according...
AC Energy has set its stock rights offer (SRO) for February of next year, based on its December 23 disclosure to the Philippine Stock Exchange. Ayala’s power unit said that the offer...
Energy Sec. Alfonso Cusi sees no problem with the inclusion of Petron Corporation’s oil refinery in Limay, Bataan as part of the Freeport Area of Bataan (FAB). Cusi pointed out, though, that...
FGEN LNG Corporation (FGEN LNG), a subsidiary of Lopez-owned First Gen Corporation, said it has selected three European bidders to continue on to the next stage of its binding tender process for...
Despite controversies over Udenna Corporation’s purchase of Chevron’s 45% stake in the Malampaya gas-to-power project, Sec. Alfonso Cusi said that the Department of Energy (DOE) sees no “violation” in the transaction, which...
The National Grid Corporation of the Philippines (NGCP) is aiming to strengthen its transmission facilities in the wake of the series of storms that hit the country in recent months. NGCP spokesperson...
Following the closure of Pilipinas Shell’s oil refinery last August and the impending shutdown of Petron’s facility in January, Surigao Del Sur Rep. Johnny Pimentel wants the House Committee on Energy to...
Power transmission operations in Mindanao have returned to normal following the onslaught of Tropical Depression Vicky, which resulted in a landslide causing damages to the National Grid Corporation of the Philippines’ (NGCP)...
