Amid the ongoing United Nations Climate Change Conference in Scotland, the Department of Energy (DOE) said the Philippines still needs coal and oil meet the country’s power needs. Energy Sec. Alfonso Cusi,...
The Department of Energy (DOE) has endorsed 13 more projects worth 4,149.3 megawatts (MW) to the National Grid Corporation of the Philippines for system impact study, as of end-September, for a total...
The Philippine Competition Commission (PCC) has cleared JERA Asia Private Limited’s proposal to buy 27% of Aboitiz Power Corporation, its parent firm Aboitiz Equity Ventures (AEV) said in a disclosure to the...
The oil crisis crippling the world’s major economies has prompted the Department of Energy (DOE) to re-assess the country’s transition to a low-carbon future anchored on renewable energy (RE). Based on a...
A senior executive of Lopez-led First Philippine Holdings Corporation (FPH) has been recognized by a US-based governance, risk and compliance (GRC) company as one of the world’s top 100 GRC leaders for...
Aboitiz Power Corporation has described its recently-formed partnership with Japanese firm JERA as a “key enabler” in its ten-year renewable energy (RE) expansion plan. Parent firm Aboitiz Equity Ventures (AEV) announced JERA’s...
Global investment firm KKR said it is about to complete its Php8.68 billion additional capital outlay via a voluntary tender offer to increase of its ownership of First Gen Corporation. In a...
A Singapore-based unit of a Japanese firm is investing in Aboitiz Power Corporation to expand its clean energy projects in the Philippines. AboitizPower’s parent firm Aboitiz Equity Ventures (AEV) said its board...
SMC Global Power Holdings, the power arm of San Miguel Corporation (SMC), has raised $150 million (around Php7.49 billion) by issuing additional Senior Perpetual Capital Securities for its liquefied natural gas (LNG)...
Government-owned Power Sector Assets and Liabilities Management Corporation (PSALM) plans to draw more natural gas from the Malampaya field in Palawan. Back in June, PSALM signed a memorandum of understanding (MOU) with...
