The Aboitiz group is finalizing a consortium to bid for Chevron Corporation’s assets in the Philippines and in Indonesia once auctioned within the year. The company is currently in talks with potential...
World’s largest independent power producer Engie is laying out natural gas and renewable power projects in the Asia Pacific – including a solar-hydrogen storage in the Philippines – as it prepares its...
Aboitiz Power Corp.’s net earnings jumped almost a quarter by the end of September on the back of higher generating capacities of its power plants. Its coal-fired power plants in Pagbilao, Quezon...
Pryce Corp. reported a 57 percent rise in net profits from January to September 2016 following the continuous surge in liquefied petroleum gas (LPG) sales in the third quarter of the year....
The Global Business Power Corp. (GBPC) is eyeing developments on waste-to-energy projects of at least 55 megawatts (MW) with two sugar mills in Bacolod and Batangas. “The two other mills [in Bacolod]...
The Regional Board of Investments of the Autonomous Region in Muslim Mindanao (RBOI-ARMM) has approved an eight megawatt capacity diesel power plant project in Bongao, Tawi-Tawi. Kaltimex Rural Energy Corporation will head the...
The Manila Electric Co. (Meralco) is looking to establish an affiliated retail electric supplier after the Supreme Court junked its case to stop the implementation of the new retail competition and open...
President Rodrigo Duterte earlier this week again expressed his refusal to honor the climate change agreement and said it will hinder the industrialization of the Philippines. Speaking to typhoon-hit residents in Tuguegarao...
Redondo Peninsula Energy Inc. (RP Energy) is in talks with three local banks for a P30-billion loan for the construction of its 2×300 megawatt (MW) coal-fired power plant. “We’re in the thick...
With the growing “relationship” between China and the Philippines, there is hope that oil and gas exploration projects in the West Philippine Sea will finally push through, Manuel Pangilinan said. “I think...
