The Manila Electric Co. (Meralco) recorded a higher profit for 2017 following high consolidated energy sales volume and customer count. Meralco president Oscar Reyes said that 2017 was another strong year for...
The Semirara Mining and Power Corp.’s net earnings increased by almost a fifth on robust coal sales volume and prices and higher generation from coal plants. In a disclosure, the company said...
The Luzon grid has been placed on yellow alert today, February 26, following an unexpected shutdown of power plants that caused limited power generation. The grid is placed on yellow alert from...
Local electric cooperatives (ECs) have promised to help ailing and underperforming power distribution companies in improving their services amid rural electrification advancement. The Philippine Association of Board of Directors of Rural Electric...
The Mitsubishi Motors Philippines Corporation (MMPC) has built an electric vehicle (EV) charging station at the Department of Environment and Natural Resources (DENR) office in Quezon City. The said charging stations are...
Pryce Corp. is looking at a higher income target of P1.55 billion this year after achieving its profit guidance in 2017 following strong liquefied petroleum gas (LPG) sales. In a disclosure, Pryce...
Ten power projects are looking to be declared as “Project of National Significance” by the Department of Energy under Executive Order (EO) 30. Among the 10 projects include the Visayas-Mindanao Interconnection Project...
The Department of Energy (DOE) is requiring power distributors to create a third party auctioneer to undertake competitive selection process (CSP) in securing power supply deals. “We will issue an advisory to...
An additional supply of around 600 megawatts (MW) will be added to the Luzon grid that will assure enough power supply for summer, the energy department said. In a press briefing, DOE...
Phoenix Petroleum Philippines Inc. recorded a 65 percent net income increase in 2017 from P1.09 billion to P1.79 billion. In a disclosure to the Philippine Stock Exchange, the company recorded a banner...
