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...
Renewable energy firm Citicore Power, Inc. has been tapped by the Authority of the Freeport Area of Bataan (AFAB) to develop a solar rooftop project with a capacity amounting to 6.64 megawatts (MW)...
Atlantic, Gulf and Pacific Co. (AG&P) is investing Php14.6 billion for its proposed integrated liquefied natural gas (LNG) import terminal to be located right next to the existing Ilijan Combined-Cycle Power Plant...
Ethanol and sugar producer Roxas Holdings, Inc. posted a Php239.8 million net loss in the first quarter of its fiscal year, which ended on December 31, 2020. The loss in the said...
AC Energy (ACEN) subsidiary Bulacan Power Generation Corporation has acquired 23,284,346 shares of its parent firm via its recently-concluded stock rights offering (SRO) at Php2.37/share for a total purchase amount of Php55.2...
Sen. Shewin Gatchalian has filed a bill seeking to refocus the Philippine National Oil Company’s (PNOC) investment mandate into oil and gas exploration ventures, as well as to level up itself with...
The Department of Energy (DOE) aims to increase the biodiesel blend in petroleum products to 5.0-percent by volume, citing sufficiency of supply. Energy Asec. Leonido Pulido III made this pronouncement during the...
After numerous appeals and moves over the no-disconnection policy for lifeline electricity consumers amid the COVID-19 pandemic, President Rodrigo Duterte has approved the Department of Energy’s (DOE) recommendation for its extension, as...
AC Energy (ACEN) has announced that it has sealed a joint venture with renewable energy (RE) firm Citicore Power for the building of a solar power plant in Pampanga. In a disclosure...
