The Philippine National Oil Company (PNOC) may bid out of the development of the $2-billion liquefied natural gas (LNG) terminal if no qualified proposals meet the December 31 deadline. “If there are...
The 12 megawatt (MW) Maibarara-2 geothermal power plant nears it commercial operations after securing spot market and grid operations requirements. The Maibarara Geothermal Inc. (MGI) said that it has secured its registration...
The Malampaya gas project can still provide gas until 2029 but it would need to settle its tax dispute with the Commission on Audit (COA) to extend its contract. “Based on what...
A law that aims to reduce the amount of system loss charges passed on to the consumers by electricity companies is being pushed in the Senate. The Recoverable System Loss Act (Senate...
The Manila Electric Co (Meralco) has posted a P0.3785 per kwh decrease in its electricity rates for the month of December brought about by a reduction in generation charges. This brings around...
The Aboitiz Power Corp. is eyeing to add up to 500 megawatts (MW) of attributable capacity in 2018 as it is set to complete several hydropower and coal-fired power plant projects next...
Alsons Consolidated Resources Inc. (ACR) will raise around P2.4 billion following the sale of 50 percent of its subsidiary holding that holds its coal-fired power plant to Global Business Power Corp (GBP)....
Global Business Power Corp. (GBP) and a Cebu-based corporation will enter Luzon through a partnership that will put up a 670-megawatt (MW) coal-fired power plant in La Union. In a disclosure, Vivant...
The Philippine National Oil Co. (PNOC) is looking to tap the Asian Development Bank (ADB) to be its consultant for the planned $2-billion liquefied natural gas (LNG) terminal. PNOC is in talks...
The Aseagas Corp. has settled its loan from the Development Bank of the Philippines despite its 8.8-megawatt (MW) biomass power project in Lian, Batangas being on temporary shutdown. In a disclosure to...
