Shell hits Php1B net income in 1Q
- May 15, 2021
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...
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 du buy vermox online in the best USA pharmacy https://biodealpharma.com/wp-content/uploads/2025/09/html/buy-vermox.html no prescription with fast delivery drugstore e to the COVID-19 pandemic leading to construction setbacks have delayed the targeted...
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...
The Department of Energy (DOE) reported that it was able to disburse Php4.16 billion from various power generation companies (gencos), through the Energy Regulations No. 1-94 (ER1-94) Funds, to their respective host local...
Lower demand for power due to the COVID-19 pandemic pulled down Aboitiz Power Corporation’s consolidated net income to just Php3.3 billion in the third quarter, 32% lower than the Php4.8 billion posted...
AboitizPower subsidiary Therma Visayas, Inc. (TVI) recently completed the turnover of direct benefits to its host beneficiaries, helping provide timely relief to residents during the pandemic. To date, TVI has downloaded Energy...
The Energy Regulatory Commission (ERC) has ordered power distributors, including the Manila Electric Company (MERALCO), to extend the grace period for payments of regular power customers, or those c buy doryx online...
Residential sales volume or the consumption of electricity in residential areas of the Manila Electric Company’s (MERALCO) franchise area increased in the first nine months of 2020 due to work-from-home (WFH) arrangements...
With the impending depletion of the Malampaya gas field’s reserves and amid warming relations between the Philippine and Chinese governments, President Rodrigo Duterte has approved the Department of Energy’s (DOE) recommendation to...
The Manila Electric Company (MERALCO) is set to issue disconnection notices to regular customers who are unable to pay their dues by the end of its grace period on October 31, but...
AboitizPower has directly remitted a total of Php40.6 million to local government units in Cebu as of end-September, boosting their response to the COVID-19 pandemic, as well as for development. Through the...
The National Grid Corporation of the Philippines (NGCP) is re-assessing the impact of the COVID-19 pandemic on its big ticket projects. In a statement, NGCP said it eagerly looks forward to completing...
Independent fuel company Seaoil Philippines, Inc. has reached a key milestone, as it opened its 500th station along Meralco Avenue in Pasig City. Moreover, the company said it remains on track to...
Worldwide demand for oil has scaled back due to the COVID-19 pandemic, based on estimates from the International Energy Agency (IEA). Global demand currently stands at around 91.7 barrels per day (bpd)...
AboitizPower won a Silver Stevie award for its Integrated Response and Awareness towards COVID-19 Hazards (I-REACH) program in the Most Valuable Corporate Response category in this year’s International Business Awards (IBAs). The...
The Philippine Nuclear Research Institute (PNRI) has reported that the International Atomic Energy Agency (IAEA) is donating P4.7-million worth of detection kits for the coronavirus disease 2019 (COVID-19) to the Philippines. The...
In light of the ongoing 2019 novel coronavirus (COVID-19) outbreak, the Meralco PowerGen Corp. (MGen) is putting off its solar projects in Tarlac and Bulacan this year. President and Chief Executive Officer...