Metro Pacific Investments Corporation (MPIC) has partnered with a Singapore-based investment firm to acquire the Philippine Coastal Storage & Pipeline Corporation (PCSPC), the country’s largest petroleum products import terminal. In a disclosure...
Customers of the Manila Electric Company (MERALCO) are in for a merry Christmas after it announced lower rates in their December bills due to falling power demand caused by cooler weather. A typical...
AC Energy has won multiple awards for exemplary compliance of its renewable energy (RE) projects at the recently concluded Wholesale Electricity Spot Market (WESM) Compliance Officers (WCO) Summit 2020. Negros Oriental-based Monte...
The new year may begin with the end of an era in the Philippines’ oil sector, as Petron has confirmed that it will be shutting down in January 2021 its refinery in...
The National Grid Corporation of the Philippines (NGCP) has recently energized Line 3 of the 230-kilovolt (kV) San Jose-Quezon transmission corridor in anticipation of increasing power supply and demand, particularly in Metro...
SN Aboitiz Power Group (SNAP), the joint venture of Aboitiz Power Corporation and SN Power of Norway, is planning to increase its floating solar portfolio with its pilot project already proven viable....
The Manila Electric Company’s (MERALCO) board of directors have announced the promotion of longtime spokesman Agapito “Joe” Zaldarriaga as its Vice President and Head of Corporate Communications. In a disclosure to the...
San Miguel Corporation (SMC) has recently announced the acquisition of Petrogen Insurance Corporation, Petron’s wholly-owned insurance subsidiary, via a Php3 billion equity investment. “With the investment, the corporation will have direct equity...
Customers of the Manila Electric Company (MERALCO) may be heaving a sigh of relief over their December bills, as initial forecasts suggest a “flattish rate” or a very slight movement in the...
Axia Power Holdings Philippines, a subsidiary of Japanese firm Marubeni Corporation has sealed a deal with ACE Endevor, Inc., a subsidiary of AC Energy, to acquire a 50% stake in the Ayala...
