The Petron Corp. is raising $500 million coming off the issuance of senior perpetual capital securities that will partially fund the buyback of its $750-million securities in Hong Kong Limited’s stock exchange....
Coal is seen to remain to have a significant share in the country’s energy mix until 2020, an international report said. In a report by the Inquirer, a paper from Energy and...
The speedy resolution of the leadership situation at the Energy Regulatory Commission (ERC) will serve the best interest of power players and consumers as the power industry is a heavily regulated one,...
The National Electrification Administration (NEA) sees minimal power rate hikes in the provinces following the effect of higher coal taxes brought by the Tax Reform for Acceleration and Inclusion (TRAIN) law. Electric...
Lower electricity bills will be felt this January following a P52.6 centavo per kwh decrease in overall rates announced by the Manila Electric Co. (Meralco). Overall rates for January went down to...
An increase of at least eight centavos per kilowatt-hour (kwh) in electricity bills within the Meralco franchise area following the effect of the Tax Reform for Acceleration and Inclusion (TRAIN). Power rates...
The 650-megawatt (MW) Malaya Thermal Power Plant (TPP) in Rizal can finally be privatized after the country’s natural gas policy has been issued, the Department of Energy (DOE) said. “This year might...
The rehabilitation of the spillway area in San Roque dam in Pangasinan has been completed, the National Power Corp. (Napocor) said. The rehab followed the traces of erosion found at the base...
The Department of Energy is looking to complete the stalled rollout of the 3,000 electricity tricycles (e-trike) by the middle of the year where a part will be deployed to Marawi City....
The Philippines ranked first in “environmental sustainability” in the 2016 World Energy Trilemma Index report of the World Energy Council (WEC). According to the report, WEC described the Philippines as the “most...
