Consunji-led Semirara Mining and Power Corporation (SMPC) reported a 64% drop in consolidated net income to Php3 billion in the first nine months of 2020 from Php8.2 billion year-on-year. In a disclosure...
Department of Energy (DOE) Sec. Alfonso Cusi called on the members of the power sector to prepare for the impending impact of Typhoon Rolly during a virtual meeting of the Task Force on...
A year after getting the green light from the government, Texas-based Excelerate Energy L.P. is about to begin construction for the country’s first open access liquefied natural gas (LNG) import terminal in Batangas....
A consumer group said the government must buy Petron Corporation’s 180,000-barrel refinery in Limay, Bataan to prevent the oil giant from closing the facility and to help shield the country from spikes...
San Miguel Corporation (SMC) looks forward to build more liquified natural gas (LNG) power plants with a total capacity of over 5,000 megawatts (MW) in the coming years, its President and CEO Ramon...
The Energy Regulatory Commission (ERC) has ordered power distributors, including the Manila Electric Company (MERALCO), to extend the grace period for payments of regular power customers, or those consuming at least 201...
Nine power generation companies (gencos) are keen on joining the competitive auction for the 1,800-megawatt (MW) power requirements of the Manila Electric Company (MERALCO). In its financial and operating results for the first...
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...
