AC Energy to finalize sale of thermal-energy business this year
AC Energy Inc. is determined to finalize within the year the planned sale of its thermal-energy assets.
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AC Energy Inc. is determined to finalize within the year the planned sale of its thermal-energy assets.
THE National Transmission Corp. (Transco) is seeking a feed-in-tariff allowance (FiT-All) of P0.2780 per kilowatt-hour for 2019, lower than its 2018 application of P0.2932 per kWh but higher than current rate of P0.2563 cents per kWh.
OIL companies have announced a hefty price increase in petroleum products starting Tuesday morning.
THE Philippine National Oil Co.-Exploration Corp. (PNOC-EC) expects to receive up to 14 offers to supply the government diesel oil for one year.
BUSINESSMAN Manuel V. Pangilinan sees the Manila Electric Co. (Meralco) performing better this year than last year, given the utility firm’s first-half earnings, which improved by 14 percent to P11.97 billion, from P10.5 billion in the same period a year ago.
THE power unit of conglomerate San Miguel Corp. (SMC) vows to “heavily” invest in the renewable-energy (RE) sector of up to 10,000 megawatts (MW) in a bid to further expand its presence in the energy industry.
BUSINESSMAN Ramon Ang said last week that he intends to take Philippine National Oil Co. (PNOC) to an international arbitration court should the ongoing legal tussle between Petron Corp. and the state firm not be resolved.
Energy Secretary Alfonso G. Cusi on Thursday said he had signed a department circular aimed at empowering electricity consumers to choose renewable energy (RE) as their source of power supply and manage their demand consumption and utilization.
ABOITIZ Power Corp. said on Thursday it received the green light of the board to issue the remaining P27-billion fixed-rate bonds out of the P30-billion bonds registered in 2017.
The National Grid Corp. of the Philippines (NGCP) has energized the newly constructed Aurora-Polanco 138-kiloVolt (kV) transmission lines.
ANOTHER foreign firm has expressed interest to develop the country’s liquefied natural gas (LNG) integrated terminal.
PRYCE Corp. (PPC) said on Tuesday its net income from January to June this year rose 22.24 percent.
MOST oil firms will reduce the price of petroleum products effective Tuesday morning.
THE Philippine National Oil Co.-Exploration Corp. (PNOC-EC) has issued a bid invite for the purchase of diesel oil for one year.
The Department of Energy (DOE) is pushing for the implementation and timely completion of key energy projects to ensure reliable, stable, sustainable and secure energy supply in the Philippines.
THE Department of Energy (DOE) is soliciting comments from industry stakeholders on a proposed policy to establish and develop competitive renewable-energy zones (CREZ) in the country.
A bill seeking to restructure the Energy Regulatory Commission (ERC) by expanding the number of commissioners to 17 could be passed into law within the year.
THE National Geothermal Association of the Philippines (NGAP) is asking the government to exempt Republic Act (RA) 9513, or the Renewable Energy Act of 2008 (RE law), from the coverage of the second package of the Comprehensive Tax Reform Program (TRAIN 2) of the Duterte administration.
ABOITIZ Power Corp. plans to install and commission a 48-megawatt battery energy storage to beef up its ability to sell backup power.
THE Manila Electric Co. (Meralco) said on Wednesday it will support a proposed policy of the Department of Energy (DOE) to unbundle electricity charge components.
OIL firms are implementing a price increase in gasoline and a price rollback in diesel.
THERMA Power Visayas Inc. (TPVI), a subsidiary of Aboitiz Power Corp., has officially taken over the Naga Power Plant Complex (NPPC) in Cebu.
THE implementation of a proposed policy that mandates oil firms to unbundle the base prices of petroleum products is taking longer than expected.
LOPEZ-led Energy Development Corp. (EDC) will raise P11.5 billion via bilateral term loans to refinance loans and fund its capital expenditure (capex).
PHOENIX Petroleum and Cebu Pacific agreed to further bolster their partnership by expanding the oil firm’s services to the airline to a total of 17 domestic airports.
The Department of Energy (DOE) assured on Wednesday that the government is capable of taking the lead in the development of the proposed $2-billion liquefied natural gas (LNG) import facility in Batangas, even if no other company would endeavor to invest in it.
The energy department is finalizing the terms of reference (TOR) for a plan to auction off the contract to develop solar-powered charging stations.
THE Energy Regulatory Commission (ERC) will hold further in-depth discussions with industry stakeholders on the draft rules on bill deposits.
THE Electric Vehicle Association of the Philippines (EVAP) sees a continuing momentum for EV sales driven by the many ongoing public and private initiatives.
The National Electrification Administration (NEA) and the Department of Information and Communications Technology (DICT) have agreed to create a technical working group (TWG) that will craft a framework agreement on expanding broadband access to households across the country.
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