The Manila Electric Company (MERALCO) is planning to get 1,500 megawatts (MW) in renewable energy (RE) sources for its power needs in the next five years, as the power giant advances the...
PXP Energy, through subsidiary Pitkin Petroleum Z-38 SRL, has launched a case against Australian partner Karoon Gas Australia Limited for breach of its obligation to drill a second well in its service...
The Manila Electric Company’s (MERALCO) power demand in its franchise area improved this April compared to the same period last year as the government boosts its COVID-19 vaccination efforts. MERALCO’s energy sales...
First Gen Corporation has confirmed its interest in purchasing the Philippine National Oil Company’s (PNOC) “banked gas” from the Malampaya gas field worth Php33 billion to Php38 billion. In a disclosure to...
After receiving support from agencies and stakeholders, the House Committee on Energy approved a bill that would give the Joint Congressional Energy Commission (JCEC) permanent status as an oversight body in charge...
Less than a week after Davao-based tycoon Dennis Uy secured control of the Malampaya gas-to-power project, Phoenix Petroleum — a firm under his Udenna Group — is said to be offering to...
Energy Development Corporation (EDC) will continue to develop geothermal projects overseas despite the delays it encountered due to the COVID-19 pandemic. The Lopez-led firm said that it is still keen on tapping...
AC Energy (ACEN) announced that it has signed an agreement with Pacific Synergy, a fast moving consumer goods company, to provide its Laguna plant facility with 100% renewable energy during peak hours. Pacific...
The Department of Energy (DOE) has approved the new trading interval at the Wholesale Electricity Spot Market (WESM) of five minutes, shortened from the existing one hour. In an advisory signed by...
The guidelines for the Department of Energy’s (DOE) Green Energy Auction Program (GEAP) will be issued next month, though the actual bidding for renewable energy (RE) capacity installations will probably begin in...
