The Philippine Dealing and Exchange Corporation (PDEX) has approved the listing Aboitiz Power Corporation’s fixed-rate retail bonds worth Php12 billion, including oversubscription. In a disclosure to the Philippine Stock Exchange on Thursday,...
Energy Sec. Alfonso Cusi has filed libel charges against executives and reporters of seven major media entities in connection with the sale of the Malampaya gas field to Dennis Uy’s Udenna Corporation....
Ayala-led ACEN said it looks to add another 500 megawatts (MW) in attributable renewable energy (RE) capacity for a total of 3,000MW — or 60% of its goal — by early next...
The country’s drive towards decarbonization is seen as a “massive” investment opportunity with the huge volume of renewable energy (RE) capacity needed to gain significant ground towards a green economy, said global...
The Department of Energy (DOE) said that it wants to conduct a thorough technical study on palm oil, particularly the development of standard specifications, before approving it as a form of biodiesel....
While Ayala-led ACEN may be leading the charge towards attaining an all-renewable energy (RE) platform by 2025, it said thermal power assets, primarily gas and diesel, are still needed to attain energy...
First Gen Corporation, through subsidiary Prime Meridian Powergen Corporation (PMPC), said it has been granted a Php2.8-billion three-year loan primarily to fund the general and corporate working capital requirements of the 97-megawatt...
The Department of Energy (DOE) said it stands firm on its approval of the sale of Chevron’s 45% stake in the Malampaya gas field to Dennis Uy’s Udenna Corporation. Speaking at a...
Surigao Del Sur Rep. Johnny Pimentel said two offshore gas drilling activities in the Recto Bank in the West Philippine Sea (WPS) must proceed as scheduled despite tensions with China, stating that...
Basic Energy Corporation has recently named Oscar Reyes and Reynaldo Gamboa as chairmen of Basic Renewables, Inc. (BRI) and Mabini Energy Corporation (MEC), respectively. Reyes was the former President and CEO of...
