The Philippines is preparing to sign the two joint oil and gas exploration agreements with China. This was what Department of Energy (DOE) Secretary Alfonso Cusi said before the scheduled visit by...
Petron Corporation (PCOR) reported an overall net income of P12.1 billion in the first nine months of 2018, despite high pump prices due to fuel demand. PCOR’s net income increased by 3...
Senator Sherwin Gatchalian doubts the Philippine National Oil Company-Exploration Corp.’s (PNOC-EC) plans to import P 2 billion worth of diesel, saying it is not the best solution to cushion the impact of...
Alsons Consolidated Resources Inc. (ACR) has listed with the Philippine Dealing Exchange Corp. (PDEx) an initial P 100 million of its P2.5 billion commercial papers for its first renewable energy (RE) project....
AboitizPower recorded a net income of P16.7 billion in the first nine months of 2018, 6 percent higher than the P15.7 billion for the same period in 2017. Non-recurring losses of P1.7...
Philip Morris Fortune Tobacco Corp. (PMFTC) opened its $3.1-million solar-power plant inside 25-hectare manufacturing facility at the First Philippine Industrial Park in Tanuan City, Batangas. PMFTC, a joint venture between Philip Morris...
The Manila Electric Co. (Meralco) announced a slight increase for November’s electricity rates, from last month’s P9.9766 per kWh to this month’s P10.0901 per kWh. A typical household consuming 200 kWh will...
The Philippines has opened talks with Indonesia for collaborations in benchmarking policies and incentives for gas and oil investments. In his bilateral meeting in Singapore last week, Department of Energy (DOE) Secretary...
A local clean energy player has called on local government units (LGUs) to consider micro-grid developments in the hopes of strengthening the Philippines’ electrification program. Roger Chua of Lux Illumina Verde Energy...
Aboitiz Power Corporation listed P 10.2 Billion Fixed Rate Bonds Series B Due 2024 and Series C Due 2028 on Philippine Dealing Exchange (PDEx), the second tranche of its P 30 Billion Shelf Registration...
