Manny V. Pangilinan-led PXP Energy Corporation said that it is settling its dispute with its Australian joint venture partner over their offshore exploration venture in Peru, though for less than a tenth...
SMC Global Power Holdings, the power arm of San Miguel Corporation (SMC), has raised $150 million (around Php7.49 billion) by issuing additional Senior Perpetual Capital Securities for its liquefied natural gas (LNG)...
Solar Philippines Retail Electricity, Inc., a subsidiary of Solar Philippines, is the latest retail electricity supplier (RES) to be included in the Department of Energy’s green energy option program (GEOP). The addition...
A bill intending to accelerate the country’s total electrification is now up for discussion in the bicameral conference committee to iron out details before sending it to Pres. Rodrigo Duterte for signing...
Aboitiz Power Corporation will be supplying 40 megawatts (MW) in renewable energy (RE), specifically geothermal, to a Pampanga-based electric cooperative (EC). The company recently signed a power supply agreement with the Pampanga...
AC Energy (ACEN) has signed the Asset Purchase Agreement for the sale of its two power barges (PBs) to Cebu-based SPC Power Corporation. In a disclosure to the Philippine Stock Exchange on...
Government-owned Power Sector Assets and Liabilities Management Corporation (PSALM) plans to draw more natural gas from the Malampaya field in Palawan. Back in June, PSALM signed a memorandum of understanding (MOU) with...
Energy Sec. Alfonso Cusi has asked Shell Philippines Exploration B.V. (SPEX), the current operator of the Malampaya gas field, to explain the gas restrictions to its five dependent gas-fired power plants over...
Aboitiz Power Corporation said that it has fully paid its 12-year 2014 Series ‘B’ Bonds worth Php3.4 billion ahead of its supposed maturity in 2026. In a disclosure to the Philippine Stock...
Three weeks before the Malampaya gas field’s scheduled maintenance shutdown, the Service Contract (SC) 38 Malampaya consortium cut its supply to its five dependent power plants in Batangas City. Both First Gen...
