The Manila Electric Company (MERALCO) has announced that it will be having a “slight upward adjustment” of power rates in its customers’ electric bills for..
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AC Energy, the Ayala group’s power arm, has moved its stock rights offer (SRO) period two weeks earlier than previously scheduled, based on the company’s..
Customers of the Manila Electric Company (MERALCO) should anticipate an increase in their January bills. The power giant pointed to lower demand in the Luzon..
The National Grid Corporation of the Philippines (NGCP) is planning an initial public offering (IPO) worth up to $1 billion (around Php48 billion) more than..
The Philippines’ major power players have been pushing for renewable energy (RE), but coal will still dominate the country’s energy mix for years to come,..
Coal generation growth in the country is set to slow down in the coming years in the wake of the government’s moratorium on the building..
Dennis Uy-led Phoenix Petroleum has gone on a “capital light” expansion while implementing a comprehensive financial management program, as it aims to recover from the effects..
MERALCO Powergen Corporation (MGen), through its renewable energy (RE) arm MGen Renewable Energy, Inc. (MGreen), has acquired an additional 20% equity in Powersource First Bulacan..
Pilipinas Shell Petroleum Corporation said it is awaiting the copy of the Court of Tax Appeals’ (CTA) recent ruling upholding its earlier granting of an..
The Bureau of Customs (BOC) increased its revenue collection from petroleum products in November 2020 by 54.1% to P12.8 billion compared to Php8.33 billion in..
