The Department of Energy (DOE) is in the process of preparing its comprehensive report for the incoming administration of presumptive president Ferdinand Marcos, Jr. The report is expected to be handed by...
Udenna Corporation founder, chairman, and CEO Dennis Uy is said to consider selling his stakes in the Malampaya gas-to-power project. Based on a report from Reuters, Uy is looking to sell the...
Petron Corporation recorded a net income of Php3.6 billion in the first quarter of 2022, more than double its Php1.73 billion net income in the same period last year. The company’s consolidated...
SMC Global Power Holdings, the power arm of San Miguel Corporation (SMC), has secured clearance from its Board of Directors to raise up to Php60 billion worth of bonds. In a disclosure...
The Energy Regulatory Commission (ERC) has jurisdiction to hear cases of anti-competitive behavior, abuse of market power, or other unfair trade or practices filed against the Manila Electric Company (MERALCO) and Aboitiz...
Aboitiz Power Corporation will be developing 721 megawatts (MW) in renewable energy (RE) projects over the next three years as part of its growth strategy for the next decade. Among the projects...
Korea Hydro & Nuclear Power (KHNP) said that it is willing to update its 2017 pre-feasibility study on the rehabilitation of the Bataan Nuclear Power Plant (BNPP) in 2017, while expressing keen...
The country has enough supply to power through the elections on May 9, with or without unplanned outages from power plants, based on data from the Independent Electricity Market Operator of the...
The Manila Electric Company (MERALCO) will be opening yet another round of competitive selection process (CSP), this time to auction power supply agreements covering 1,100 megawatts (MW) worth of baseload and mid-merit...
Aboitiz Power Corporation recorded a 53% decline in its core net income for the first quarter of 2022 to Php2.9 billion versus from Php6.2 billion in the same period last year. In...
