The announcement of the closure of Petron’s refinery in Limay, Bataan at the start of 2021 has sent shockwaves throughout the oil industry. To understand why this is a big deal, here...
Some 50 workers at Petron’s oil refinery in Limay, Bataan have urged the municipal government help avert the closure of the facility by reclassifying it as part of the Freeport Area of Bataan...
Solar Philippines said it is on its way to constructing over one gigawatt (GW) of solar projects in 2021 in Nueva Ecija, Tarlac, Cavite, and Batangas. Data from the Department of Energy (DOE)...
Even amid the COVID-19 pandemic, AC Energy managed to post a net income of Php5.6 billion in the first three quarters of 2020, providing a boost to Ayala’s portfolio. The power generating company’s...
Metro Pacific Investments Corporation (MPIC) has partnered with a Singapore-based investment firm to acquire the Philippine Coastal Storage & Pipeline Corporation (PCSPC), the country’s largest petroleum products import terminal. In a disclosure...
Customers of the Manila Electric Company (MERALCO) are in for a merry Christmas after it announced lower rates in their December bills due to falling power demand caused by cooler weather. A typical...
AC Energy has won multiple awards for exemplary compliance of its renewable energy (RE) projects at the recently concluded Wholesale Electricity Spot Market (WESM) Compliance Officers (WCO) Summit 2020. Negros Oriental-based Monte...
The Power Sector Assets and Liabilities Management Corporation (PSALM) has demanded the Olongapo City government to settle its overdue electric bills and other charges worth at least Php6.71 billion. The state-owned firm...
The new year may begin with the end of an era in the Philippines’ oil sector, as Petron has confirmed that it will be shutting down in January 2021 its refinery in...
The National Grid Corporation of the Philippines (NGCP) has recently energized Line 3 of the 230-kilovolt (kV) San Jose-Quezon transmission corridor in anticipation of increasing power supply and demand, particularly in Metro...
