Pilipinas Shell Petroleum Corporation (PSPC) posted a net income of Php1 billion for the first quarter of 2021, rebounding from its Php5.5 billion loss it had in the same period last year...
Petron Corporation, the country’s largest oil firm, reported Php1.73 billion income in the first quarter, a reversal, a reversal of its P4.9 billion net loss in the same quarter last year, as...
Electricity generation and consumption nationwide have gone down on a yearly basis for the first time since 2003 in the wake of the COVID-19 pandemic and the subsequent mobility restrictions, based on...
The Manila Electric Company (MERALCO) said on Saturday that it is immediately suspending all disconnection activities in its franchise area until April 15 following the government’s reimposition of the enhanced community quarantine...
Petron Corporation has committed to reopen its 180,000-barrel per day refinery in Limay, Bataan this July amid low fuel demand due to the COVID-19 pandemic. Petron President and CEO Ramon Ang said...
The average price in the Wholesale Electricity Spot Market (WESM) hit Php4.23 per kilowatt hour (kWh) this month, nearly twice the previous month’s, as both power demand and generator outages increased, according...
The Department of Energy (DOE) has tasked power distributors and generators to ensure the stable supply of electricity with the arrival of the COVID-19 vaccines in the Philippines ahead of the summer...
Continued travel restrictions due to the COVID-19 pandemic leading to construction setbacks have delayed the targeted commercial operations of the GNPower Dinginin supercritical coal-fired power plant. In a report by BusinessWorld, Aboitiz...
Power distribution giant Manila Electric Company (MERALCO) said on Tuesday that it would look into Sen. Risa Hontiveros’ proposal to extend its instalment scheme for consumers who continue to suffer from the...
The National Grid Corporation of the Philippines (NGCP) is appealing to the government to allow its suppliers, as well as shipments of essential transmission equipment, to enter the country amid the travel ban...
