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...
The Senate Committee on Energy will conduct an inquiry into the status of the sale of Shell Philippines Exploration B.V.’s (SPEX) 45% stake in the Malampaya gas-to-power project, its chairman Sen. Sherwin...
Enrique Razon-owned Prime Infrastructure Holdings Corporation (Prime Infra) has established a new subsidiary for its waste-to-fuel project being developed in partnership with US-based WasteFuel Global. The new firm, WasteFuel Philippines will be...
Lopez-led First Gen Corporation is allocating about $530 million (around Php25.4 billion) in capital expenditures (capex) for this year to mostly fund geothermal, gas, and hydro projects this year. First Gen CFO...
Petroleum firms will be passing on in increments to motorists up to Php0.80 per liter increase in gasoline prices. The pass-on charge would cover the ten percent increase in volume for ethanol...
AC Energy (ACEN) will be temporarily slowing down on its renewable energy (RE) venture in Myanmar, amid the worsening situation in the country. In a Manila Bulletin report, AC Energy President and...
Dennis Uy’s Udenna Corporation now controls the consortium running the Malampaya gas field in Palawan with 90% ownership after it purchased Shell Philippines Exploration B.V. (SPEX). Udenna subsidiary Malampaya Energy XP Pte....
