AC Energy has set its stock rights offer (SRO) for February of next year, based on its December 23 disclosure to the Philippine Stock Exchange. Ayala’s power unit said that the offer...
Energy Sec. Alfonso Cusi sees no problem with the inclusion of Petron Corporation’s oil refinery in Limay, Bataan as part of the Freeport Area of Bataan (FAB). Cusi pointed out, though, that...
FGEN LNG Corporation (FGEN LNG), a subsidiary of Lopez-owned First Gen Corporation, said it has selected three European bidders to continue on to the next stage of its binding tender process for...
Despite controversies over Udenna Corporation’s purchase of Chevron’s 45% stake in the Malampaya gas-to-power project, Sec. Alfonso Cusi said that the Department of Energy (DOE) sees no “violation” in the transaction, which...
The National Grid Corporation of the Philippines (NGCP) is aiming to strengthen its transmission facilities in the wake of the series of storms that hit the country in recent months. NGCP spokesperson...
Following the closure of Pilipinas Shell’s oil refinery last August and the impending shutdown of Petron’s facility in January, Surigao Del Sur Rep. Johnny Pimentel wants the House Committee on Energy to...
Power transmission operations in Mindanao have returned to normal following the onslaught of Tropical Depression Vicky, which resulted in a landslide causing damages to the National Grid Corporation of the Philippines’ (NGCP)...
Aboitiz Power Corporation has registered its proposed fixed retail bonds worth Php30 billion with the Securities and Exchange Commission (SEC), the company said in a disclosure to the Philippine Stock Exchange. The bond...
The Department of Energy (DOE) reported that it was able to disburse Php4.16 billion from various power generation companies (gencos), through the Energy Regulations No. 1-94 (ER1-94) Funds, to their respective host local...
AC Energy has approved Php10.81 billion in financing for renewable energy projects in Northern and Central Luzon. In a disclosure to the Philippine Stock Exchange, the company said it has secured a...
