The Department of Energy (DOE) said that it has 7,712 megawatts (MW) in committed power plant projects, which are to be added to the grid from this year until 2027. Energy Sec....
The Department of Energy (DOE) said that it has granted Atlantic Gulf & Pacific Company’s (AG&P) permit-to-construct application for its liquefied natural gas (LNG) import facility project in Batangas City. Based on...
The Energy Regulatory Commission (ERC) said it has finished its probe on eight power generation companies (gencos) that were found to have gone over their plant outage allowance leading to the Red...
Government-owned Power Sector Assets and Liabilities Management Corporation (PSALM) said on Friday that it will immediately procure an Operation and Maintenance Service Contract (OMSC) for the Casecnan Multi-Purpose Project (CMPP). The move...
A total of Php221.35 billion in renewable energy (RE) investments have been poured into the country from the time Republic Act 9513 or the RE Act was passed in December 2008 up...
Investors were eager to avail of AC Energy’s ASEAN Green Bond offering at the Singapore Exchange (SGX) that it was oversubscribed, with orders exceeding $2 billion (over Php100 billion), or more than...
The Department of Finance (DOF) said it will seek funding sources and come up with programs aimed at attracting investments, as the country seeks to shift away from carbon-based power generation. Based...
Consunji-led Semirara Mining and Power Corporation (SMPC) announced on Tuesday that it has paid nearly Php1.7 billion in royalties to the Department of Energy (DOE) for the second quarter, the highest ever...
Philippines Clean Energy Holding Inc. (PCEHI), a subsidiary of Singapore-based Valorous Asia Holdings Pte. Ltd., offered to acquire up to 5.7% of First Gen Corporation’s outstanding common shares at Php33 per share,...
Petron’s decision to suspend operations of its refinery in Limay, Bataan and Shell’s closure of its Tabangao refinery in Batangas City pulled down the market share of the country’s two largest oil...
