Despite the positive news brought about the by Meralco refund, consumers should still expect to pay up the same, if not more for their electricity as increased charges from the Feed-in-Tariff (FIT) would likely “negate”...
After canceling its plans with Energy Oil and Gas Holdings Inc. (EOGHI), the Philippine National Oil Co. (PNOC) calls for new proposals for the development of an industrial city in Bataan. Since...
The National Electrification Administration (NEA) has received the support of an Energy Department official to expand its supervisory power to cover all electricity distributors. “If you plan NEA to become an authority...
The National Power Corp. announced last week that it has inaugurated four new generating sets with a total rated capacity of 2.4 megawatts (MW) in its Polillo Island Diesel Power Plant in...
After receiving a letter of approval from the Security and Exchange Commission (SEC) last week, AboitizPower Corp. has set out an offering period of its P30 billion worth of retail bonds, starting...
Short-term commercial papers (STCP) amounting to P1.21 billion were reissued by giant oil firm, Phoenix Petroleum (PNX), to finance day-to-day operations and back the company’s prevailing debts. The STCPs, which were issued...
In a joint venture, local energy development company H&WB Asia Pacific (Pte Ltd) Corp. and French maritime energy solutions Sabella SAS are set to construct the country’s first ever ocean tidal power...
With the country lacking clear-cut policies on the renewable energy segment, the wind power sector’s further development may be hindered, a Denmark-based wind turbine manufacturer said. Vestas said that the development of...
Department of Energy (DOE) Secretary Alfonso Cusi is urging coal power generators to keep up with tech trends to improve efficiency and lessen carbon emissions of existing coal plants. Since the previous...
The Philippines, with its geographical advantage, is looking to become Southeast Asia’s liquefied natural gas (LNG) hub. Philippine National Oil Co. is leading the government’s efforts of developing an integrated LNG receiving...
