Ayala Corp.’s energy unit AC Energy is investing $20 million to partly fund the development, construction, and operations of renewable-energy (RE) projects in the Asia-Pacific region. This in line with their goal...
The government has threatened oil companies of charges due to alleged unreasonable adjustments of oil prices in the last few weeks, after the attacks on Saudi Arabia’s oil facilities. Energy Assistant Secretary...
Russia will invest in the country’s energy sector, specifically in the installation of natural gas plants in the Philippines. This according to Russia’s Philippine Ambassador Carlos Sorreta. “[In] conventional energy, you know...
Renewable energy arm of MGen MGreen has acquired an equity funding worth P424 million that will be used for the development of solar projects, with an overall capacity of 210 MW. The...
The Department of Energy (DOE) has issued a Show-Cause Orders (SCOs) to 13 oil companies on October 1 to review the difference in the oil price rollback calculations. “Our actions support our...
Environmental group Philippine Business for Environmental Stewardship (PBEST) praised the Energy Regulatory Commission’s (ERC) approval to operate the first coal-fired power plant through High Efficiency Low Emission (HELE) technology. The Provisional Authority...
The Energy Regulatory Commission (ERC) has approved the proposed P13 billion substation of the National Grid Corporation of the Philippines (NGCP) in Pasay City. The substation will initially have a capacity of...
The National Grid Corporation of the Philippines (NGCP) could lose its legislative franchise due to its delayed mandated initial public offering (IPO) and significant drop in tax collections from its operations ever...
The Senate committee on energy has disapproved the proposal of consumer groups to remove the value-added tax and excise tax on fuel products, as mandated under the Tax Reform for Acceleration and...
The Department of Energy (DOE) is looking at floating solar’s potential to supplement the existing renewable energy (RE) sources in the country, with hopes to boost the country’s RE sector. DOE Secretary...
