Businessman Manny V. Pangilinan has confirmed that he is keen on buying Shell’s 45% stake in the Malampaya gas-to-power project. Pangilinan said his group has..
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Seeing the need for the country to shift to a more flexible power supply mix, the Department of Energy (DOE) has imposed a moratorium on..
The Department of Energy (DOE) is on close watch regarding Petron Corporation’s plan to close its refinery in Limay, Bataan. While the DOE has yet..
Residential sales volume or the consumption of electricity in residential areas of the Manila Electric Company’s (MERALCO) franchise area increased in the first nine months..
Petron Corporation President and CEO Ramon S. Ang said the oil giant will shut down its refinery in Limay, Bataan “very soon” as it continues..
The Manila Electric Company (MERALCO) reported a 38.6% decline in its net income in the first three quarters of 2020 compared to the same period..
The Court of Tax Appeals (CTA) has rejected a petition for review filed by oil giant Petron Corporation, which sought to refund Php56 million of..
Increasing oil imports resulting from Shell’s decision to close its Batangas refinery would make the Philippines vulnerable to global oil price swings and jacking up..
State-owned Philippine National Oil Company (PNOC) said it will begin its feasibility study on establishing a strategic petroleum reserve next year due to delays brought by..
Following the lifting of the oil exploration moratorium in the West Philippine Sea, the Philippine National Oil Company – Exploration Corporation (PNOC-EC) is looking to..
