Oil company Petron Corporation recorded a 73 percent rise in net profits in 2016 that were fueled by record high sales. Petron said that its..
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Department of Energy Secretary Alfonso Cusi is eyeing more investments in merchant power plants to spur competition in the electricity spot market. The energy secretary..
The Aboitiz Equity Ventures Inc. has increased its net income in 2016, with 65 percent of it coming from the power business. AEV disclosed that..
Philippine-based Atlantic, Gulf and Pacific Company (AG&P) has partnered with German Air Liquide Group for the development of small-scale infrastructures to distribute liquefied natural gas..
Japan’s seven major trading houses is looking to invest P198.5 billion investment interests in the country, including a P75-billion coal-fired power plant, the Department of Trade..
Manila Electric Co. (Meralco) is looking into a technical partnership with a distribution utility (DU) in Nigeria, its top official said. “There’s another distribution utility..
The Manila Electric Co. (Meralco) is in talks with Densan System Co. Ltd. for a minority stake in CIS Bayad Center, Meralco’s over-the-counter bills collection-payment..
The Energy Development Corp. (EDC) posted a 24 percent increase in its net income in 2016, growing by over a fifth on the back of..
Pilipinas Shell Petroleum Corp recorded a 105 percent jump in its net profits in 2016, doubling their record from the previous year. In a disclosure..
Green Heat Corp. is adding 6.5 megawatts (MW) of rooftop installations this year with the launch of a new solar panel product. Around 1.5 MW..