While the Philippines’ two largest oil firms have been slapped with huge losses in 2020 due to the COVID-19 pandemic, Phoenix Petroleum — the country’s..
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AC Energy (ACEN) has issued four billion new shares to Arran Investment Pte. Ltd. as part of the Singaporean firm’s private placement in the Ayala-led..
Lopez-led First Philec, Inc., is set to launch its “super green” transformers made from 100% recyclable and biodegradable materials in the market this year to..
Petron Corporation is set to build additional components in its 180,000 barrel-per-day refinery in Limay, Bataan as part of efforts to shift to cleaner technology..
Aboitiz Power Corporation, the country’s largest power generator, said it plans to begin constructing a 50-megawatt (MW) solar farm in Luzon by the second half..
Due to the huge impact of the COVID-19 pandemic on the upstream oil industry, the Department of Energy (DOE) is evaluating a request to place..
The provision exempting local oil refineries from paying taxes and duties on crude oil imports was retained by Pres. Rodrigo Duterte in his approval of..
The Manila Electric Company (MERALCO) said on Saturday that it is immediately suspending all disconnection activities in its franchise area until April 15 following the..
The Department of Energy (DOE) has issued a notice-to-proceed (NTP) for Shell Energy Philippines’ (SEPH) liquefied natural gas (LNG) import terminal project. “The Philippines is..
The National Power Corporation (NAPOCOR) and the National Transmission Corporation (Transco) are targeting to add 45.31 megawatts of power capacity, 71.3 circuit kilometers (km) of..