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Two more firms are seeking to build their own liquefied natural gas (LNG) terminals in the country, according to the Department of Energy (DOE). Based on a BusinessWorld report, Energy Asec. Leonido Pulido
Global credit rating firm Moody’s Investors Service has affirmed the Power Sector Assets and Liabilities Management Corporation’s (PSALM) credit profile with a “stable” outlook due to its “strategic importance to and strong
Dennis Uy-led Phoenix Petroleum Philippines Inc. is looking to unload shares and divest their assets following the impact of the pandemic on oil demand. In a disclosure to the Philippine Stock Exchange
Amid continued calls for eco-friendly energy solutions, the Department of Energy (DOE) has drafted a circular for the development and operation of electric vehicle charging stations (EVCS) across the country. “Private and
With the Malampaya gas field’s reserves dwindling, the Department of Energy (DOE) is continuing to convince companies to invest liquefied natural gas (LNG) opportunities in the Philippines. Speaking at the 2nd LNG
The Department of Energy (DOE) is currently looking for investors to provide electricity services to at least 69 areas considered as “remote, underserved, and unserved.” Targeted investors will only be given entry
The Philippines and neighbor members of the Association of Southeast Asian Nations (ASEAN) stand to benefit from the Green Climate Fund’s (GCF) $300 million support to the Asian Development Bank’s (ADB) green recovery
Apart from being a retail electricity supplier (RES), Mabuhay Energy Corporation (MECO) is also poised to enter the renewable energy (RE) scene with solar and hydroelectric ventures as part of its Php500 million
Petron Corporation has committed to reopen its 180,000-barrel per day refinery in Limay, Bataan this July amid low fuel demand due to the COVID-19 pandemic. Petron President and CEO Ramon Ang said
The average price in the Wholesale Electricity Spot Market (WESM) hit Php4.23 per kilowatt hour (kWh) this month, nearly twice the previous month’s, as both power demand and generator outages increased, according
