SMC Global Power Holdings, the power generation arm of San Miguel Corporation (SMC), registered a 35% increase in its first half net income from Php12.2 billion from Php9.06 billion in the same...
System operator National Grid Corporation of the Philippines (NGCP) said it would not allow power plant maintenance activities during peak months to avoid incidents of power outages. NGCP assured that future submissions...
AC Energy Corporation (ACEN), through wholly-owned subsidiary AC Renewables International (ACRI), will be investing $10 million through to develop, construct, and operate rooftop solar projects across Asia. The move, approved by ACEN’s...
Filipino Olympic middleweight boxer Eumir Marcial is expected to receive a total of Php5 million entities owned by major energy players Manny V. Pangilinan, Ramon Ang, and Dennis Uy for his bronze...
Ayala-led AC Energy Corporation (ACEN) reported that it achieved a consolidated net income of Php2.7 billion for the first half of 2021, a five percent increase from Php2.6billion year-on-year. The figure includes...
The National Grid Corporation of the Philippines (NGCP) is eyeing the conversion of 35 “non-firm” contracts to firm-based arrangements for the provision of reserves or ancillary services (AS) to the power grid,...
Aboitiz Power Corporation’s three run-of-river hydroelectric power plants in Bakun, Benguet have resumed operations following successful negotiations between subsidiary Hedcor and the Bakun Indigenous Tribes Organization (BITO), together with the town’s local...
Petron Corporation, the country’s largest oil firm, recorded a Php3.87 billion consolidated income in the first half of 2021, a rebound from the Php14.24 billion net loss it suffered in the same...
Consunji-led Semirara Mining and Power Corporation (SMPC) posted a 279% jump in its consolidated net income for the second quarter of 2021 at Php3.98 billion from Php1.05 billion in the same period...
Dennis Uy-led Phoenix Petroleum posted a Php132 million net income in the second quarter of the year, a turnaround from the Php5 million net loss posted in the same period last year....
