In a move to help resolve Zamboanga City’s energy problem, National Electrification Administration (NEA) Administrator Edgardo Masongsong revealed the agency’s plans to partially and temporarily take over management of the Zamboanga City...
Department of Energy (DOE) Chief Alfonso G. Cusi rejected an offer for additional budget for the National Electrification Administration’s (NEA) electrification project with sitios. NEA’s budget was reduced from P1.817 billion this...
The Philippines plans to back away from a two-year-old ban on the usage of dirty fuels. The Department of Energy (DOE) told oil companies to bring back dirtier, cheaper fuels in an...
Amid global oil price hikes and the tightening of monetary policies, economists are saying that the economic growth of the Philippines will keep slowing down. Chief Economist of IHS Markit Asia Pacific...
Two Japanese agencies plans to install smart grid technology in the Philippines to help the country prevent power interruptions and blackouts. Under the“Collaboration Program for Disseminating Japanese Technology for Electricity Distribution and...
With 3 million households still left underserved, the Department of Energy (DOE) vows to bring power to the remaining population with its Total Electrification Program (TEP). Secretary Alfonso G. Cusi talked with...
Lopez-led Energy Development Corp. (EDC) announced in a disclosure yesterday that it will no longer be listed in the Philippine Stock Exchange (PSE). EDC’s board approved the voluntary delisting of the company’s...
Phoenix Petroleum Philippines, Inc. posted its best first half yet as it grew income, revenue, and market share in the first six months of 2018. Net income after tax surged by 59%...
The good news is that residential consumers are paying 18 percent lower since 2012 and 8 percent below their global counterparts. According to a survey done by Australian-based consulting firm International Energy...
Leading oil company Petron Corporation logged a 16 percent rise in net earnings in the first semester of the year, from P8.2 billion last year to P9.5 billion this year. The oil...
