Aboitiz Equity Ventures, Inc. (AEVI) recorded the highest national market share among generation players in the Energy Regulatory Commission’s (ERC) 2026 assessment, with its capacity reaching 24.30% of national installed generating capacity....
San Miguel Corporation relied on strong earnings from power subsidiary San Miguel Global Power Holdings Corp. to offset a sharp drop in profits at fuel and oil unit Petron Corporation in the...
Petron Corporation has appointed John Paul L. Ang as its new President and Chief Operating Officer (COO), following the company’s Annual Stockholders’ Meeting (ASM) on May 7. The appointment was approved during...
San Miguel Corporation (SMC) has recognized a PHP 21.9-billion gain from its gas power partnership with Meralco PowerGen Corp. (MGEN) and AboitizPower’s Therma NatGas Power, Inc. (TNGP), following a revaluation of its...
The MVP Group, led by businessman Manuel V. Pangilinan, is considering the potential acquisition of San Miguel Corporation’s (SMC) recently acquired 3.8% stake in power distributor Manila Electric Co. (Meralco). SMC, through...
San Miguel Global Power Holdings Corp. (SMGP) is powering up its subsidiary, Mariveles Power Generation Corp. (MPGC), by facilitating a PHP 50 billion loan to enhance its 600 MW coal-fired power plant...
The Energy Regulatory Commission (ERC) has given provisional approval to two Power Supply Agreements (PSAs) involving Manila Electric Company (MERALCO) and the renewable energy subsidiaries of ACEN and San Miguel Corporation. In...
The Supreme Court (SC) has rejected the Energy Regulatory Commission’s (ERC) appeal to prevent the termination of a power supply contract involving major energy firms Manila Electric Company (MERALCO) and San Miguel...
Business giants Manuel Pangilinan, Ramon Ang, and Sabin Aboitiz are establishing a technical working group (TWG) together with the Department of Energy (DOE) and the Department of Environment and Natural Resources (DENR)...
San Miguel Corporation (SPC) is advancing the development of the New Manila International Airport (NMIA) in Bulacan by utilizing solar energy for its construction to turn it into a carbon-neutral infrastructure. In...
