Pilipinas Shell has registered a Php 4.4 billion net income in the third quarter of 2022 amid challenges against inflation and the depreciation of Peso..
Business
Articles
The Energy Development Corp. (EDC) has inked a partnership with telecommunications company PLDT Inc. to supply power to its Davao facilities as part of its..
The Security and Exchange Commission (SEC) has approved the initial public offering (IPO) of Alternergy Holdings Corp. for up to Php 1.89 billion. In a..
The Manila Electric Co. (MERALCO) has announced a slight increase of Php0.0844 per kilowatt-hour (kWh) for its November 2022 billing, bringing the overall rate to..
Ayala-led ACEN Corporation has registered a Php 1.9 billion consolidated net income for the third quarter of the year, a 23% jump from the same..
Prime Infrastructure Capital Inc. is looking to secure a contract extension for the Malampaya gas-to-power project as it assumes full ownership of the gas field’s..
SMC Global Power Holdings Corp. (SMCGP), the power arm of San Miguel Corporation, is looking to buy back $400 million worth of perpetual bonds listed..
Two renewable energy companies have kickstarted their assessment of their potential wind resources as part of their planned wind power projects, Alternergy Holdings Corp. has..
Some of the country’s gas plants are set to shift to imported liquefied natural gas (LNG) next year, which could lead to higher power rates..
The Philippine National Oil Company – Exploration Corp. (PNOC-EC) is looking to spend Php 10 billion to accelerate its oil and gas exploration and production..