The Phinma Petroleum and Geothermal Inc. (PPGI) is looking to build a liquefied natural gas (LNG) integrated terminal in Cebu. The company said that it has signed an agreement foreign companies to...
The Luzon Grid will be placed on Yellow Alert today, April 12 from 1 PM to 3 PM, the National Grid Corporation of the Philippines said. In a statement, NGCP said that the...
The Phinma Energy Corp. is set to energy the fuel supply business this year that will serve as the company’s buffer amid the arising fuel supply risks. Phinma Energy president and CEO...
Coal remains to be the dominant source of power for the Philippines, data from the Department of Energy (DOE) showed. In a report by the Manila Times, DOE’s Power Statistic’s report for...
The First Philippine Holdings Corp. (FPH) had a 40 percent drop in net earnings for 2017 following non-recurring losses from energy subsidiary; First Gen Corp. The company disclosed that its net income...
The Manila Electric Co. (Meralco) has announced an increase in its electricity rates worth P0.2250 per kilowatt hour (kWh) for the month of April. This brings the overall electricity rate to P10.55...
24/7 power service was granted to the Cuaming Island in Bohol to spur local trade in the community. The National Power Corp. said that they hope that the island would expand more...
Senator Sherwin Gatchalian is pushing to review the government’s electrification program to fill the electricity gap in rural areas before the 2022 target. Gatchalian has filed Senate Resolution No. 695 that will...
With its revival still in the air, Russian Ambassador Igor Khovaev said that the Bataan Nuclear Power Plant (BNPP) is ‘beyond revival.’ “The safety standards, [the] international standards are much, much higher...
The market share of major oil companies dips in 2017 following a tighter competition and aggressive expansion program of the industry, the Energy Department said. According to DOE’s Oil Supply/Demand Report, major...
