Power generation companies (gencos) that caused the Red Alerts and rotational brownouts in Luzon from May 31-June 2 will soon be slapped with penalties, according to the Energy Regulatory Commission (ERC). At...
The National Grid Corporation of the Philippines (NGCP) is looking to finish the Mindanao-Visayas Interconnection Project (MVIP) within the first quarter of 2022. During the House Committee on Energy’s hearing last week,...
Upcoming hydroelectric projects in Mindanao will be up for evaluation soon, in line with efforts to balance the use of fossil fuel and renewable energy power sources, according to an official of...
The Department of Energy (DOE) had ordered the power industry players in Mindanao to continue with the central scheduling scheme in place for the Wholesale Electricity Spot Market (WESM) until the department...
PXP Energy recorded a lower core net loss of Php22.2 million in the first half of 2021, 19% lower from Php26.9 million in the same period last year. The Manny V. Pangilinan-led...
First Gen Corporation is providing the exclusive Manila Polo Club with power from renewable energy (RE), specifically geothermal power, as part of the club’s sustainability program and to support the government’s energy...
Aboitiz Power Corporation recorded a consolidated net income of Php4 billion for the second quarter of 2021, 136% higher than the Php1.7 billion it got in the corresponding period in 2020. In...
Dennis Uy-led Phoenix Petroleum proceeded to build up its balance sheet after it settled Php3 billion in commercial papers (CP) on Monday. In a disclosure to the Philippine Stock Exchange on Tuesday,...
Manny V. Pangilinan-led PXP Energy is ready to resume oil exploration and drill exploratory wells in the Service Contact (SC) 72 block in the West Philippine Sea (WPS) next year even without...
Former Energy assistant secretary Atty. Leonido “Bodie” Pulido III has been elected president of the Philippine Electricity Market Corporation, the governing body of the Wholesale Electricity Spot Market (WESM). Pulido was named...
