Petron Corporation on Monday announced their net income of P5.3 billion on strong growth in sales, a 55 percent increase from P3.4 billion in the same period last year. The firm said...
The Petroleum Association of the Philippines (PAP) has turned over its concerns to the government regarding the ruling by the Commission on Audit (COA) that exploration companies should settle their unpaid obligations...
A reduction in power rates will reflect on electricity bills this month, the Manila Electric Co. (MERALCO) announced on Monday. August power rates went down by P0.11 per kilowatt-hour (kWh) to P8.50 per...
The energy sector is working on formulating measures to lessen the impact of power supply shortage in the grid, Energy Secretary Alfonso Cusi said. The Department of Energy (DOE) chief said he...
The Philippine Hybrid Energy Systems Inc.(PHESI) has been ordered to install silt booms in its wind farm project in Varadero Bay in Puerto Galera to prevent possible widespread siltation during the rainy...
The Energy Regulatory Commission (ERC) on Friday approved the National Grid Corp. of the Philippines’ application for the P4.25 billion Navotas substation project. ERC has tasked the NGCP to conduct a competitive bidding...
The Manila Electric Co. (MERALCO) is looking to close down ones of its oldest substations in Metro Manila to improve their power delivery service and reduce system loss as part of their...
Department of Environment and Natural Resources (DENR) Secretary Gina Lopez has called for a review of the Philippine Mining Act of 1995, which opened the country’s mining sector to 100 percent foreign...
The Department of Energy (DOE) has asked the Energy Regulatory Commission (ERC) on the possible sanctions that can be imposed on generation companies after several instances where red and yellow alerts were...
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