A shift by state-run National Power Corporation (NAPOCOR) to renewable energy (RE) technologies in energizing off-grid areas could yield annual savings of up to Php13.5 billion with consumers enjoying cheaper electricity costs....
The Securities and Exchange Commission (SEC) has confirmed AC Energy’s stock rights offering (SRO) slated for next year. Ayala’s energy arm is looking to float 2,267,580,434 common shares priced at Php2.37/share on...
The Department of Finance (DOF) has collected Php163 billion in duties and taxes from 16.4 billion liters of marked fuel products. Based on data from the DOF, the Bureau of Customs collected...
Petron Corporation clarified on Monday that its 180,000-barrel per day refinery in Limay, Bataan will undergo repairs and checks following its shutdown this January. In a disclosure to the Philippine Stock Exchange,...
Energy Sec. Alfonso Cusi has suspended the issuance of the Certificate on Energy Projects of National Significance (CEPNS), as it undergoes an evaluation. In an advisory dated December 10, the Department of...
The Department of Energy (DOE) is ramping up efforts for a feasibility study aimed to position hydrogen as the country’s “fuel of the future,” with Sec. Alfonso Cusi forming a team for this...
More Power, Iloilo City’s power distributor, recently energized its ten-megavolt ampere mobile substation at Megaworld’s Iloilo Business Park in Mandurriao district. With a capacity of six to eight megawatts, the mobile substation...
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)...
