Petron Corporation has appointed John Paul Ang, the eldest son of its President and CEO Ramon Ang, as a member of its board of directors..
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Singaporean sovereign fund GIC Private Ltd. will begin the initial phase of its investment in AC Energy (ACEN) through an Php11.9-billion private placement slated for..
Cebu-based Vivant Corporation, through subsidiary Vivant Renewable Energy Corporation (VREC), is investing up to Php364 million in Buskowitz Finance, Inc. (BFI). BFI is a solar..
Petron Corporation’s bottom line indeed took a blow from the COVID-19 pandemic, as it suffered a drastic net loss of Php11.4 billion in 2020, a..
The Manila Electric Company (MERALCO) will once again roll back its power rates for the second month in a row this March due to lower..
The past year may have been tough for many businesses, including those in the energy sector, but things appeared to be a lot different for..
Ayala-led AC Energy (ACEN) is investing Php2.2 billion for its 40-megawatt (MW) battery energy storage system (BESS) project in Alaminos, Laguna. In a disclosure to..
Atlantic Gulf & Pacific (AG&P) has announced that the Department of Energy (DOE) has issued it a notice to proceed (NTP) for the development of..
Aboitiz Power Corporation, the country’s largest power generator, registered a net income of Php12.6 billion in 2020, 27% lower than the Php17.3 billion recorded in..
Ayala-led AC Energy is one of five companies looking to purchase the 650-megawatt (MW) Malaya Thermal Power Plant (MTPP) via a negotiated sale. The government,..
