ACE Enexor, Inc. (ACEX), the exploration unit of Ayala-led AC Energy, is planning to drill an exploratory well within the Service Contract (SC) 55 block..
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Atlantic Gulf & Pacific Company of Manila, Inc. (AG&P) has recently awarded a contract to Houston, Texas-based McDermott International for the engineering, procurement, and construction..
(UPDATED) Stockholders of AC Energy Corporation (ACEN) have formally approved the infusion of Php85.9 billion worth of foreign assets into the Ayalas’ power arm. The..
The National Power Corporation (NAPOCOR) is planning to build six renewable energy (RE)-diesel hybrid power plants under its RE program in off-grid areas. Based on..
The recurring production restriction from the Malampaya gas field will reduce again the power generation of the 1,200-megawatt (MW) Ilijan gas-fired power plant in Batangas..
Petron Corporation, the country’s largest oil firm, is allocating Php11.048 billion for its capital expenditures (capex) for this year, 30.3% higher than the Php8.48 billion..
The National Grid Corporation of the Philippines (NGCP) has warned of a power supply shortage in Luzon this summer despite lower demand due to quarantine..
Sen. Sherwin Gatchalian is asking the Department of Energy (DOE) to justify its decision to approve the sale of Chevron’s 45% in the Malampaya gas-to-power..
The government is planning to acquire coal-fired power plants in Mindanao, especially the older ones, in order to shut them down once the Agus-Pulangi hydropower..
(UPDATED) AC Energy’s subsidiary for the development of its 45-megawatt (MW) Balaoi wind farm project in Pagudpud, Ilocos Norte, as well as its renewable energy..