AC Energy (ACEN) is working on nearly 12 gigawatts (GW) worth of renewable energy (RE) projects, more than twice its 2025 target of five GW, as it aims to become Southeast Asia’s...
The Malampaya gas production facility yielded a total of $11.9 billion (around Php573 billion) in revenues with the national government receiving the bulk worth Php325 billion, as of end-December 2020, the Department...
Profits of Consunji-led Semirara Mining and Power Corporation (SMPC) are unlikely to return to pre-pandemic levels this year even though its coal business is expected to do well, according to its top...
Petron Corporation, the country’s largest oil firm, reported Php1.73 billion income in the first quarter, a reversal, a reversal of its P4.9 billion net loss in the same quarter last year, as...
Electricity generation and consumption nationwide have gone down on a yearly basis for the first time since 2003 in the wake of the COVID-19 pandemic and the subsequent mobility restrictions, based on...
Three retail electricity suppliers (RES) under Aboitiz Power Corporation and one under Citicore Power, Inc. were added to the Department of Energy’s (DOE) list of participants under its Green Energy Option Program...
Government-run PNOC-Exploration Corporation (PNOC-EC) said it is unlikely to begin its first oil-drilling activities within the remaining days of the Duterte administration even with the government’s push for the harnessing of indigenous...
Ayala-led AC Energy and Fort Pilar Energy, Inc. are the last of the five original bidders remaining for the third round of negotiated sale process for the 650-megawatt (MW) Malaya Thermal Power...
PXP Energy Corporation has cut its core net loss by 66.9% to Php5.6 million in the first quarter of the year from Php16.9 million in the same period last year. In a...
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