9621 Agnes Crossing, Lake Suzanneview, New Mexico Island 84604-9295.
Citicore Energy REIT Corporation (CREIT) registered a net income of Php226 million in 2021, a 117% increase from the Php104 million it recorded in 2020. The country’s first energy REIT recorded gross
Ayala-led ACEN has officially sold its oil-fired 32-megawatt Power Barge (PB) 103 docked in Lapu-Lapu City, Cebu to SPC Power Corporation for Php39.2 million, the two firms said in separate disclosures to
The Department of Energy (DOE) has asked the Cabinet’s Security, Justice, and Peace Coordinating Cluster (SJPCC) to immediately allow the resumption of oil exploration activities in the West Philippine Sea (WPS). Acting
The Manila Electric Company (MERALCO) is seeking new bidders to supply its franchise area with 1,030 megawatts (MW) of electricity after the Department of Energy (DOE) cleared the power giant to conduct
With the Russia-Ukraine conflict in its second month, Petron – the Philippines’ largest oil firm – said that its oil supply remains stable, at least for the time being. “Petron currently does
After securing Service Contract (SC) 77, SK Liguasan Oil and Gas Corporation (SKLOGC) is targeting to acquire two rigs to begin drilling inside the Cotabato Basin within six to eight months. Based
First Gen Corporation, through subsidiary Energy Development Corporation (EDC), has begun supplying The Linden Suites with power from its geothermal plants for the multi-use hotel’s entire electricity needs under the government’s Green
Ayala-led ACEN has secured a Php13.7 billion loan to fund the transition of its 270-megawatt South Luzon Thermal Energy Corporation (SLTEC) coal-fired power plant in Calaca, Batangas. In a statement on Monday,
Lopez-led Energy Development Corporation (EDC) has allotted Php17.38 billion in capital expenditures (capex) this year which will be used for the operation, maintenance, and expansion of its power plants. Based on its
The Department of Energy (DOE) has ordered PXP Energy Corporation to put on hold its exploration activities, particularly for its Service Contract (SC) 72 and 75 blocks in the West Philippine Sea
