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PXP Energy to bolster portfolio by exploring new oil, gas projects CAPTION: PXP Energy is planning to utilize its knowledge and expertise in exploration to discover properties in line with the firm’s...
The Department of Energy (DOE) says that reaching complete electrification by 2028 needs an allocation of Php 72 billion, nearly triple the current budgeted amount set by the government. In a report...
Officials in the House of Representatives are pushing for a thorough review of the Electric Power Industry Regulation Act (EPIRA) to potentially lower the cost of electricity in the Philippines, as the...
The National Economic and Development Authority (NEDA) opines that the Philippines will require time and supportive policies to transition to a fully or predominantly renewable energy (RE) system. In a report by...
First Gen Corporation postponed the procurement of its fifth shipment of liquefied natural gas (LNG) as it anticipates the greenlight of regulatory approvals for cost recovery related to LNG operations. In a...
Cosco Capital is expanding its firm’s renewable energy investments by acquiring another hydroelectric facility. Philippine Star reported that Cosco Capital Inc., Lucio Co’s listed retail firm, announced its plan to acquire 100%...
The new power supply contract from Manila Electric Company (MERALCO) has attracted top bidders, including subsidiaries of prominent energy firms Aboitiz Group, San Miguel, and First Gen Corporation. In a report by...
As part of the SecuRE Negros campaign, the provincial government of Negros Occidental is handing over its solar panels and water pumps to three partner organizations. SecuRE Negros campaign was established to...
ACEN Corporation is signing a contract with its subsidiary, ENEX Energy Corporation, for the subscription of 177,544,011 non-voting preferred shares of ENEX at a par value of Php 1.00 per share. Manila...
In a report by Philippine Star, ERC chairman and CEO Monalisa Dimalanta said the commission had been considering it, seeing as the reactivation is always dependent on the billing cycle, which runs...
