The National Grid Corporation of the Philippines (NGCP) said it has “started complying” with its initial public offering (IPO) requirement and is “on track” to completing the process. This comes following the...
Aboitiz Power Corporation signed a three-year long-term service agreement (LTSA) with Mitsubishi Power to enhance the boiler reliability of its Therma South, Inc. (TSI) coal power plant in Davao City and support...
The Energy Regulatory Commission (ERC) has ordered the National Grid Corporation of the Philippines (NGCP) to immediately complete the listing process for its initial public offering (IPO) within six months. NGCP previously...
AC Energy has announced that it will begin construction of the 160-megawatt (MW) Balaoi & Caunayan wind farm in Pagudpud, Ilocos Norte — the Philippines’ biggest wind energy project to date. Once...
In what appears to be a turnaround from its original stance, Petron has decided to permanently resume operations of its 180,000 barrels-per-day refinery in Limay, Bataan. At the oil giant’s annual stockholders...
Lopez-led Energy Development Corp. (EDC) said it recorded a Php9.85 billion in recurring net income attributable to equity holders of the parent in 2020 despite a significant reduction in electricity demand due...
Dennis Uy-led Phoenix Petroleum announced it will bring its product line of lubricants in Indonesia through its newly established overseas subsidiary Phoenix Petroleum Indonesia. The oil firm’s lubricant brand PNX Lubricants will...
The Department of Energy (DOE) has endorsed eight more projects to the National Grid Corporation of the Philippines (NGCP) for it to undertake system impact studies (SIS), bringing the total to 24...
AC Energy (ACEN) will be investing around $3 billion in solar and wind projects to achieve the goal of reaching 5,000 megawatts (MW) of renewable energy (RE) generation capacity by 2025 or...
The Manila Electric Company (MERALCO) said it will be “very considerate” and “compassionate,” as it resumes disconnection activities with the imposition of the general community quarantine (GCQ) with “heightened restrictions” in the NCR-plus...
