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After years of waiting and pushing from the government, the National Grid Corporation of the Philippines (NGCP) finally went public via parent firm Synergy Grid & Development Philippines’ follow-on offering (FOO) at...
Dennis Uy-led Phoenix Petroleum reported a profit of Php170 million in the first three quarters of the year, reversing its Php95 million net loss in the same period last year. Phoenix said...
The site of the old 225-megawatt (MW) Bataan Thermal Power Plant (BTPP) has a new owner in one of its neighbors. Panasia Energy, Inc., which manages the nearby 648MW Limay Combined-Cycle Gas...
Petron, the country’s largest oil firm, ended the first nine months with a consolidated net income of Php4.99 billion, reversing the Php12.6 billion net loss it incurred in the same period last...
Pilipinas Shell Petroleum Corporation (PSPC) President and CEO Cesar Romero (left photo) will be stepping down from his post on November 30, the country’s second-largest oil firm said in a disclosure to...
Aboitiz Power Corporation subsidiary Visayan Electric Company, Inc. announced that it energized the first fully digital substation within its franchise area, helping improve overall network reliability and protection. The rehabilitation of Visayan...
Sen. Grace Poe, who chairs the Senate Committee on Public Services, filed a bill that would institutionalize the immediate suspension of excise tax on fuel products if the average price of Dubai...
Petron President and CEO Ramon Ang is offering to the government a buyback of the oil giant amid lawmakers’ proposals to return the company to state control as a solution to series...
While the Department of Energy (DOE) has vowed to increase the Philippines’ renewable energy (RE) capacity, it opted to be rather silent on the phaseout of coal power generation technologies from the...
Six bidders, including those connected with businessmen Lucio Co and Michael “Mikee” Romero, are looking to own the site of the former 225-megawatt (MW) Bataan Thermal Power Plant (BTPP) in Limay town,...
