The Manila Electric Company (MERALCO) said it will be “very considerate” and “compassionate,” as it resumes disconnection activities with the imposition of the general community quarantine (GCQ) with “heightened restrictions” in the NCR-plus...
The refinery shutdowns of Petron and Shell led the country’s oil refining output to drop by 41.8% to 5,504 million liters (ML) in 2020 from 9,460 ML in 2019, according to the...
AC Energy Corporation (ACEN) has completed its follow-on offering (FOO), in which it has raised Php13.1 billion to fund its renewable energy projects this year. A total of 2.01 billion shares were...
Shell Energy Philippines (SEPh) will be sourcing 20 megawatts of renewable energy (RE) from Citicore Power’s (CPI) solar plant in Mariveles, Bataan. Citicore President Oliver Tan said that the collaboration is part...
Basic Energy Corporation on Wednesday formalized real estate firm MAP 2000 Development Corporation’s (M2DC) ownership of the power company. In a disclosure to the Philippine Stock Exchange on Friday, Basic Energy said...
Alsons Consolidated Resources (ACR) reported a Php379 million consolidated net income for the first three months of 2021, a 22.3% increase from the Php310 million it posted in the same period last...
Six electric cooperatives in Mindanao will be provided with 30,500 units of solar home systems with the approval of a supply contract by the National Power Corporation (NAPOCOR). Based on a BusinessMirror...
Lopez-led First Gen Corporation posted a 22.8% increase in first quarter profits to $118.8 million from $96.8 million in the same period last year. In a disclosure to the Philippine Stock Exchange...
Pilipinas Shell Petroleum Corporation (PSPC) posted a net income of Php1 billion for the first quarter of 2021, rebounding from its Php5.5 billion loss it had in the same period last year...
PetroGreen Energy Corporation (PGEC), the renewable energy (RE) arm of Yuchengco-led PetroEnergy Resources Corporation (PERC), has completed its first commercial and industrial rooftop solar power project at the 12-storey Enrique T. Yuchengco (ETY) office...
