Energy companies, especially those involved with renewable energy (RE), welcomed the Department of Energy’s (DOE) moratorium on the construction of new coal-fired power plants. AboitizPower expressed its support to the DOE’s bid
Following the Department of Energy’s (DOE) moratorium on the construction of new coal power plants, San Miguel Corporation (SMC) has abandoned its plans to build one in the future. SMC President and
The Department of Finance (DOF) believes that Petron Corporation’s issues regarding its Bataan refinery is not a tax concern, but rather that of a supply chain. Finance Sec. Carlos Dominguez said this
The government now allows 100% ownership of foreign entities in large-scale geothermal exploration, development, and utilization projects, said Energy Sec. Alfonso Cusi. Sec. Cusi made the announcement in a pre-recorded speech for the
Businessman Manny V. Pangilinan has confirmed that he is keen on buying Shell’s 45% stake in the Malampaya gas-to-power project. Pangilinan said his group has been in talks with US investment bank
Seeing the need for the country to shift to a more flexible power supply mix, the Department of Energy (DOE) has imposed a moratorium on the construction of greenfield coal-fired power plants.
The Department of Energy (DOE) is on close watch regarding Petron Corporation’s plan to close its refinery in Limay, Bataan. While the DOE has yet to receive any formal notice from the
Residential sales volume or the consumption of electricity in residential areas of the Manila Electric Company’s (MERALCO) franchise area increased in the first nine months of 2020 due to work-from-home (WFH) arrangements
Petron Corporation President and CEO Ramon S. Ang said the oil giant will shut down its refinery in Limay, Bataan “very soon” as it continues to be aggravated by the COVID-19 pandemic
The Manila Electric Company (MERALCO) reported a 38.6% decline in its net income in the first three quarters of 2020 compared to the same period last year. In a disclosure to the
