After nearly two decades, the National Power Corporation (NAPOCOR) has begun paying the back wages of former employees laid off in 2003 due to the implementation of Republic Act 9136 or the Electric...
Davao-based businessman Dennis Uy is looking to sell Phoenix Petroleum, the country’s third-largest oil player, as the petroleum industry continues to feel the effects of the COVID-19 pandemic. In a report by...
The National Grid Corporation of the Philippines (NGCP) has allotted a huge capital expenditure (capex) of over Php262 billion to expand and upgrade the country’s grid system in the next four years....
The National Grid Corporation of the Philippines (NGCP) has announced its recent launch of its new facilities in Albay and Pangasinan to improve power quality and reliability in Luzon The grid firm...
Three of the nine bidders in the Manila Electric Company’s (MERALCO) competitive selection process (CSP) were disqualified from participating in the auction for the supply of 1,800 megawatts (MW) over a 20-year...
The board of directors of Basic Energy Corporation has approved the company’s plan to build a 50-megawatt wind farm in Mabini, Batangas. In a regulatory filing, Basic Energy said that its subsidiary...
The Lopezes’ Energy Development Corporation (EDC) is set to issue green bonds worth Php15B within the year in a bid to push for its sustainable power projects. In a regulatory filing, EDC...
Petron Corporation may be getting its desired sigh of relief for its refinery in Limay, Bataan as the Congress-approved Corporate Recovery and Tax Incentives for Enterprises (CREATE) bill would exempt petroleum refineries...
THE Department of Environment and Natural Resources (DENR) has announced that it will be conducting hearings regarding the environmental impact of Atlantic Gulf & Pacific’s (AG&P) proposed liquefied natural gas (LNG) import...
Customers of the Manila Electric Company (MERALCO) may expect lower electricity bills this February, as it announced lower rates for the month. In a statement, MERALCO said its overall rate is down...
