Otto Energy pulls out of PHL projects
- June 18, 2016
Australia-listed Otto Energy Investments Ltd., who has been operating in the Philippines for 10 years, has announced its plans to pull out of its interest in a Northern Palawan gas field after...
Australia-listed Otto Energy Investments Ltd., who has been operating in the Philippines for 10 years, has announced its plans to pull out of its interest in a Northern Palawan gas field after...
The pre-trial hearing for the 13 cases against power players that withheld power supply in 2013 will begin in August, Energy Regulatory Commission (ERC) spokesperson Floresinda Digal said. Resolution No. 14 allowed...
In addition to the efforts made to help maintain the security of transmission lines, the National Grid Corp. of the Philippines (NGCP) teamed up with the Movie and Television Review and Classification...
The Philippine Solar Power Alliance (PSPA) is pushing the government to release the parameters used to determine the eligible firms for the second round of the Feed-in-Tariff (FIT) for solar. Speaking during the...
ThermaPower Inc., a subsidiary of AboitizPower Corp. has gained full control of East Asia Utilities Corp. (EAUC), adding 50-MW to bridge the gap in their 4,000-MW target by 2020. ThermaPower bought 50 percent...
Basic Energy Corp. and Trans-Asia Oil and Energy Development Corp. said spudding of exploratory wells in the Mabini Geothermal Service Contract no. 8 has already begun. Exploratory wells with a minimum depth...
Pilipinas Shell Petroleum Corp. (PSPC) has secured its green light from its parent company to have an initial public offering (IPO), according to the Department of Energy. Pilipinas Shell country chairman Edgar Chua...
The Department of Energy (DOE) is working on renewable energy-related policies for implementation before the new administration begins, outgoing secretary Zenaida Monsada said. Monsada said they are currently working on their portfolio,with...
Following the success of the results of the Euro 4 Fuel Eco Run, the Department of Energy (DOE) says it wants to implement program in other locations and varying traffic conditions. Energy...
The Mindanao Development Authority (MinDA) said they will intensify the push for renewable energy projects in order to match the rise of fossil fuels into their energy mix. Romeo Montenegro, director for Investment Promotions...