Former National Renewable Energy Board (NREB) chairperson Atty. Monalisa Dimalanta will be joining Aboitiz Power Corporation as its new compliance officer. In a disclosure to the Philippine Stock Exchange on Monday, AboitizPower...
Petron Corporation, the country’s largest oil firm, registered a net income of Php6.14 billion in 2021, a reversal from the Php11.4 billion net loss in 2020. The company said it sold 82.24...
In order to cushion soaring pump prices, the government doubled its budget for the Pantawid Pasada program to Php5 billion from the initial Php 2.5 billion. The first tranche of the subsidies...
Aboitiz Power Corporation posted a 66% increase in net income to Php20.8 billion in 2021 from Php12.6 in 2020. In a disclosure to the Philippine Stock Exchange on Monday, AboitizPower attributed the...
Shareholders of Solar Philippines Nueva Ecija Corp. (SPNEC) have formally approved the increase in its authorized capital stock to 50 billion shares from 10 billion shares, as well as the asset-for-share swap....
SMC Global Power Holdings, the power generating company (genco) of San Miguel Corporation (SMC) is looking to construct a 300-megawatt (MW) liquefied natural gas (LNG) combined cycle power plant worth Php18.5 billion...
The country’s Nuclear Energy Program may now be a government policy, but the chief of the Philippine Nuclear Research Institute (PNRI) sees legal roadblocks up ahead before it could be fully implemented....
Electricity rates may continue to increase as an effect of the continuous rise of international coal prices. Estimates from the Philippine Independent Power Producers Association (PIPPA) showed that the effect on the...
The Department of Energy (DOE) met with downstream oil industry players on Friday to come up with a collective strategy to ensure that there’s enough oil supply amid the soaring prices affected...
Senate President Vicente “Tito” Sotto III said that Pres. Rodrigo Duterte can call for a special session in Congress where they could review Republic Act 8479 or the Oil Deregulation Law. In...
