Therma South Inc. and the Davao Light and Power Company were recognized as the top taxpayers of Davao City for 2017. The two Aboitiz Power Corporation subsidiaries were named as the city’s...
One of Semirara Mining and Power Corp.’s power plant units has begun supplying power to the Luzon grid after completing its maintenance. The company disclosed that Unit 1 of the Sem-Calaca Power...
The Department of Energy (DOE) and Department of Science and Technology-Philippine Institute of Volcanology and Seismology (DOST-PHIVOLCS) have partnered up to improve the disaster management capabilities of the energy sector. The two...
First Gen Corp. had a lower profit and flat recurring earnings in 2017 following the effect of the earthquake in Leyte that affected its geothermal and hydroelectric platforms and weak spot market....
The SMC Global Power Holdings Corp. has secured funding arrangements that will finance its acquisition of the Masinloc plant. The company disclosed that it will subscribe to a $650-million redeemable perpetual securities...
The country has a new gas and oil source as the Energy department declared the Alegria Oil Field to have commercial quantities of natural gas and oil resources. Department of Energy secretary...
Bayad Center, a subsidiary of the Manila Electric Co. (MERALCO), has launched its mobile app that will give consumers a more convenient bills payment scheme. BC Mobile or the Bayad Center Mobile...
The Petron Corp. has recorded a 30 percent increase in its net earnings for 2017 following strong sales in the country and abroad. The company reported that its net income reached P14.1...
The First Gen Corp. has signed a deal with the Manila Electric Co. (Meralco) to provide baseload power supply from its San Gabriel power plant in Batangas. The company disclosed that its...
The Maibarara Geothermal Inc. (MGI) has connected its Maibarara-2 geothermal power plant to the Luzon Grid, giving the grid an additional 12-megawatt (MW) power supply. The said power plant was synchronized to...
