Pres. Rodrigo Duterte has signed a modified Executive Order (EO) 156, which provides for the transfer of ailing electric cooperatives’ (EC) operations from the National Electrification Administration (NEA) to the Office of...
Ayala-led ACEN has dropped oil exploration as one of its businesses amid its drive to build an all-renewable energy portfolio by 2025. The move was approved by the company’s shareholders during its...
Biofuel consumption in the country is expected to partially recover this year with demand for ethanol and biodiesel continuing to rise due to the easing of COVID-19 quarantine restrictions. A report published...
The Department of Energy (DOE) has recently issued the guidelines for the updated Green Energy Auction Program (GEAP). Energy Sec. Alfonso Cusi signed the revised GEAP guidelines on November 3, but only...
The Department of Energy (DOE) announced on Monday that it has agreed to sign on to a program organized by the Organisation for Economic Cooperation and Development (OECD) to attract investments for...
Enrique Razon-led Prime Infra announced that it has acquired 50% of Solar Philippines Tanauan Corporation, a unit of Leandro Leviste-led Solar Philippines building solar farms in Batangas and Cavite. Prime Infra said...
Ayala-led ACE Enexor will be borrowing up to Php300 million to fund its various projects. In a disclosure to the Philippine Stock Exchange on Monday, Enexor said its board approved a short-term...
Pilipinas Shell Petroleum Corporation said it is paying the Bureau of Customs (BOC) Php3.49 billion in alleged excise taxes and value-added taxes (VAT) it was supposed to remit for alkylate imports from...
Just over a month after resuming full operations, First Gen Corporation’s Avion power plant has encountered trouble again, this time with the 48.5-megawatt (MW) Unit 1 sustaining damages. In a disclosure to...
Ayala-led ACE Enexor has named Rolando “Don” Paulino, Jr. as its new president and one of its directors effective January 1, 2022. In a disclosure to the Philippine Stock Exchange, Enexor said...
