ACE Enexor Inc. aims to solidify its partnership and drilling plan for Service Contract (SC) 55 off the southwestern coast of Palawan within the first half of 2021. ACE Enexor Chairman Eric...
Metro Pacific Investments Corporation (MPIC) of business tycoon Manny V. Pangilinan and Singapore-based Keppel Infrastructure Trust (KIT) have completed the acquisition of Philippine Tank Storage International Holdings, Inc. (PTSI), which owns the country’s largest...
AC Energy (ACEN) aims to put up Php30 billion in funding this year to help reach its 5,000-megawtt (MW) renewable energy (RE) target by 2025, as well as to achieve its vision...
The Wholesale Electricity Spot Market (WESM) is set to launch in Mindanao on June 26, according to the Independent Electricity Market Operator of the Philippines (IEMOP), which operates the spot market. IEMOP said...
With the recent completion of its stock rights offering (SRO), Ayala-led AC Energy (ACEN) said that it is on its way towards becoming Southeast Asia’s largest listed renewable energy (RE) platform. “The tripling...
It will just be a matter of days or less before Petron temporarily shuts down this February its 180,000-barrel per day refinery in Limay, Bataan. In a report by the Manila Standard,...
The Department of Energy (DOE) announced that it has signed a Memorandum of Understanding (MOU) with an Australian firm to explore the potential of hydrogen as one of the country’s energy sources...
The Malampaya gas field’s output took a hit from the economic slowdown caused by the COVID-19 pandemic, as it produced 107.902 billion standard cubic feet (bscf), down 30.6% from the all-time high...
House Speaker Lord Allan Velasco has urged the Senate to pass the waste-to-energy (WTE) bill, which seeks to allow and regulate the use of such technologies solve the country’s perennial garbage problem. In...
ACE Enexor, Inc., the exploration arm of Ayala-led AC Energy, has moved to leave the joint venture handling Service Contract (SC) 6 off the coast of northern Palawan. In a disclosure to...
