ACE Enexor, Inc., the exploration arm of Ayala-led AC Energy, has moved to leave the joint venture handling Service Contract (SC) 6 off the coast of northern Palawan. In a disclosure to...
(UPDATED) AC Energy has sold all of the 2,267,580,434 common shares it aimed to sell in its stock rights offering (SRO), which began on January 18 and concluded on January 22, raising...
Aboitiz Power Corporation and SMC Global Power Holdings Corporation, the power arm of San Miguel Corporation (SMC), were among the final nine generating companies (gencos) that participated in the Manila Electric Company’s...
Alarmed by the series of closures of car manufacturing plants in the country, a group of automotive parts manufacturers is strongly advocating for the government’s sold support for the country’s electric vehicle...
With the Manila Electric Company’s (MERALCO) no-disconnection period for lifeline consumers set to end this weekend, Sen. Sherwin Gatchalian has urged the power giant as well as other distribution utilities (DUs) to...
The estimated value of proposed energy projects of national significance (EPNS) has gone up to Php795.52 billion, or Php113.58 higher than the Php681.94 billion posted as of July 2020, based on new...
Aboitiz Power Corporation has begun rolling out its smart grid devices across its distribution systems with the aim of having self-healing networks in line with the bigger goal of automating the distribution...
Roxas and Company, Inc. (RCI), a firm mainly involved in property ventures, has formalized the sale of several of its properties in Batangas to the National Grid Corporation of the Philippines (NGCP)....
Proposed pioneer incentives for Php65 billion worth of liquefied natural gas (LNG) import terminal projects under the Corporate Recovery and Tax Incentives for Enterprises (CREATE) Bill are currently being deliberated in Congress. Sen. Sherwin...
Alcantara-led Alsons Consolidated Resources (ACR) is earmarking Php6.54 billion pesos for the construction of four power generation projects. In a disclosure to the Philippine Stock Exchange, ACR confirmed an earlier report saying...
