Citing “enough evidence,” Sen. Sherwin Gatchalian said that the Department of Energy’s (DOE) decision to approve the sale of Chevron 45% stake in the Malampaya gas project to Dennis Uy’s Udenna Corporation...
In another move meant to bring down fuel prices, the Department of Energy (DOE) discussed in a recent Senate hearing that it is studying the possibility of suspending the 12% value added...
(UPDATED) The Energy Regulatory Commission (ERC) fined three power generation companies (gencos) a total of Php6.03 million, for breaching the maximum allowable unplanned outage days for 2021, specifically covering the period from...
Energy Sec. Alfonso Cusi reiterated his department’s pro-nuclear energy stance, this time with the intention of lowering the country’s dependence on fuel imports amid rising oil prices. In an interview on the...
Basic Energy Corporation has announced the demise of its Chairman Oscar De Venecia, Sr. on Wednesday night at the age of 89. De Venecia was father of Basic Energy President and CEO...
Converge ICT Solutions of Pampanga-based businessman Dennis Anthony Uy will be getting its electricity supply from First Gen Corporation’s geothermal assets to power its main office in Pasig City. Under the two-year...
(UPDATED) After nearly two months of repairs, First Gen Corporation said that its 97-megawatt Avion power plant in Batangas City has resumed full commercial operations. In a disclosure to the Philippine Stock...
In a move to halt skyrocketing oil prices, Energy Sec. Alfonso Cusi appealed to lawmakers to authorize his department to suspend the excise tax on fuel, which aims to lower current pump...
AC Energy (ACEN), the Ayala group’s energy platform, will be increasing its ownership in its wind farm projects in Ilocos Norte, while also taking over its joint ventures with UPC Renewables in...
The Luzon Grid was placed on Yellow Alert on midday Wednesday, as several power plants went on forced outage, according to the National Grid Corporation of the Philippines. Net operating margin from...
