Citicore Power, Inc. (CPI) is eyeing to invest the proceeds from its energy-focused real estate investment trust (REIT) offering for its 15 projects in Luzon. Based on a Business World report, CPI...
The Energy Regulatory Commission (ERC) will be making changes to the imposition of the price mitigating measure in the Wholesale Electricity Spot Market (WESM) to ensure consumer safety nets and prevent price...
The Department of Energy (DOE) said it is currently reviewing Dennis Uy-led Udenna Group’s purchase of Shell’s 45% stake in the Malampaya gas-to-power project. In an interview on the ABS-CBN News Channel...
Government-run Power Sector Assets and Liabilities Management Corporation (PSALM) has approved the request of Fort Pilar Energy, Inc. to assign its right to purchase the 650-megawatt Malaya Thermal Power Plant (MTPP) to...
The Department of Energy (DOE) has postponed to October the targeted auction of 2,000 megawatts (MW) of renewable energy (RE) capacity. Based on a Manila Bulletin report, Energy Asec. Redentor Delola said...
The three hydroelectric power plants of Aboitiz Power Corporation subsidiary Hedcor in Bakun, Benguet were forcibly shut down on Wednesday by the local government unit (LGU) despite the Department of Energy’s (DOE)...
Pilipinas Shell Petroleum Corporation (PSPC) has inaugurated its world-class import terminal in Tabangao, Batangas City, the site of its former refinery, enhancing its capacity to meet fuel demand not just in Metro...
The Department of Energy (DOE) has advised Aboitiz Power Corporation subsidiary Hedcor to continue operating its three run-of-river hydroelectric power plants in Bakun, Benguet following an earlier cease and desist order (CDO)...
Rome wasn’t built in a day—neither was it built alone. In a way, this is what the most recent Memorandum of Understanding (MOU) between the Manila Electric Company (MERALCO), the Department of...
PXP Energy, through its subsidiary Pitkin Petroleum Peru Z-38 SRL, said that it will likely terminate its license contract with Australian partner KEI (Peru Z-38) Pty. Ltd. Sucursal del Peru for its...
