Property giant SM Prime Holdings aims to boost by 50% its electricity consumption from renewable energy (RE) by the end of next year. At the same time, the Sy-led firm will expand...
Oil refinery production in the country fell by 66.9% to 1,284 million liters (ML) in the first half of this year from 3,878 ML in the same period last year, based on...
Gas production restrictions from the Malampaya field accounted for around 66% of all increases in the bills of Manila Electric Company (MERALCO) customers this year. MERALCO, based on a Manila Bulletin report,...
AC Energy (ACEN) and joint venture partner BIM Group announced on Monday the start of commercial operations of their 88-megawatt (MW) Ninh Thuan wind farm in Vietnam. Located in South Central Vietnam,...
Solar Philippines said that it is finalizing agreements with various power generation companies (gencos) to utilize a total of 10,000 hectares for their respective solar power projects. The sites, according to Solar...
The Department of Energy (DOE) may run into legal trouble if it continues to push through with approving Udenna Corporation’s purchase of the 45% share of Shell Philippines Exploration B.V. (SPEX) in...
The Philippine Electricity Market Corporation (PEMC), the governing body of the Wholesale Electricity Spot Market (WESM), said it is devising a refund scheme on congestion charges collected from Visayas electricity customers. The...
Aboitiz Power Corporation said it has filed its application with the Securities and Exchange Commission (SEC) for the issuance of Php12 billion in fixed-rate retail bonds to partly finance its 74-megawatt Cayanga-Bugallon...
The Department of Energy (DOE) stressed it exercised due diligence and followed existing rules and regulations in the evaluation and approval of the $565-million transaction between Udenna Corporation’s UC Malampaya Philippines Pte....
Senate energy committee chairman Sherwin Gatchalian said the Department of Energy (DOE) “bent rules” instead of protecting the public to approve Udenna Corporation’s purchase of Chevron’s 45% stake in the Malampaya gas-to-power...
