Independent oil player Seaoil Philippines Inc. has entered a long-term strategic partnership with Caltex Australia Petroleum Pty. Ltd. for its expansion programs. Seaoil announced that it signed a definitive agreement that forges...
The Manila Electric Co. (Merlaco) is establishing a new subsidiary for a network of electric vehicles (EVs) and charging stations for public support in support of the country’s rising EV industry. “We...
The Department of Energy (DOE) is working with its partners and stakeholders in order to power up Marawi City for the Christmas holidays. “Not just because we are mandated, but because this...
The San Miguel Corp. (SMC) is set to take over the Masinloc power projects after buying out its owners for around $1.9 billion. A total of $2.4 billion implied enterprise value of...
An electric cooperative in Surigao del Sur has tapped in a unit of the AboitizPower for a two-megawatt (MW) power supply deal for 2018. The Surigao del Sur 1 Electric Cooperative Inc....
The increase in the coal excise tax will post a “serious impact” on consumers’ welfare, a concern the Laban Konsyumer Inc. (LKI) is looking at. In a statement, LKI said that the...
The full implementation of the Retail Competition and Open Access (RCOA) will create “competitive pressure” that will lead to lower power rates, the Management Association of the Philippines (MAP) said. MAP is...
AboitizPower has begun constructing its 19-megawatt (MW) Bineng Combination Hydro in La Trinidad, Benguet. Through its unit, Hedcor, the company broke ground last December 5. The project is expected to increase the...
The AC Energy Holdings has secured the project financing of its Dinginin coal-fired power plant, making their attributable capacity to 1,600 megawatts (MW). The company said that the GNPower Dinginin Ltd. Co....
The National Transmission Corp. (TransCo) teamed up with the Land Registration Authority (LRA) to answer issues on right-of-way (ROW) of transmission facilities. The two has signed a memorandum of agreement (MOA) to...
