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Petron Corporation has assured the public that the supply of its petroleum products will remain stable amid the closure of its refinery in Limay, Bataan in the second week of January 2021....
A shift by state-run National Power Corporation (NAPOCOR) to renewable energy (RE) technologies in energizing off-grid areas could yield annual savings of up to Php13.5 billion with consumers enjoying cheaper electricity costs....
The Securities and Exchange Commission (SEC) has confirmed AC Energy’s stock rights offering (SRO) slated for next year. Ayala’s energy arm is looking to float 2,267,580,434 common shares priced at Php2.37/share on...
The Department of Finance (DOF) has collected Php163 billion in duties and taxes from 16.4 billion liters of marked fuel products. Based on data from the DOF, the Bureau of Customs collected...
Petron Corporation clarified on Monday that its 180,000-barrel per day refinery in Limay, Bataan will undergo repairs and checks following its shutdown this January. In a disclosure to the Philippine Stock Exchange,...
Energy Sec. Alfonso Cusi has suspended the issuance of the Certificate on Energy Projects of National Significance (CEPNS), as it undergoes an evaluation. In an advisory dated December 10, the Department of...
More Power, Iloilo City’s power distributor, recently energized its ten-megavolt ampere mobile substation at Megaworld’s Iloilo Business Park in Mandurriao district. With a capacity of six to eight megawatts, the mobile substation...
The announcement of the closure of Petron’s refinery in Limay, Bataan at the start of 2021 has sent shockwaves throughout the oil industry. To understand why this is a big deal, here...
Solar Philippines said it is on its way to constructing over one gigawatt (GW) of solar projects in 2021 in Nueva Ecija, Tarlac, Cavite, and Batangas. Data from the Department of Energy (DOE)...
Even amid the COVID-19 pandemic, AC Energy managed to post a net income of Php5.6 billion in the first three quarters of 2020, providing a boost to Ayala’s portfolio. The power generating company’s...
