9621 Agnes Crossing, Lake Suzanneview, New Mexico Island 84604-9295.
Pilipinas Shell Petroleum Corporation (PSPC), the country’s second-largest oil firm, registered a net income of Php3.9 billion in 2021, a reversal of its Php 16.2 net loss in 2020. Shell cited the
Lopez-led Energy Development Corporation (EDC) has renewed its power supply agreement (PSA) with Silliman University for another two years. According to the renewable energy (RE) firm, Silliman has chosen to stay with
The Energy Regulatory Commission (ERC) has released the preliminary prices for the Green Energy Auction Reserve (GEAR) under the government’s Green Energy Auction Program (GEAP). The preliminary GEAR price for solar is
PAVI Green Renewable Energy, Inc. – the renewable energy (RE) arm of former Senate President Manny Villar’s business empire – is investing around Php40 billion to help build a 1,000megawatt (MW) portfolio
While solar farms are criticized for taking over parcels of land, saying they could have been used for agriculture, Solar Philippines Founder and CEO Leandro Leviste said that these can be beneficial
The Energy Regulatory Commission (ERC) has granted a provisional authority for Victorias Milling Company (VMC) to operate its 40-megawatt (MW) biomass co-generation power plant in Victorias City, Negros Occidental. In its disclosure
The board of Ayala-led ACE Enexor has approved the conduct of a follow-on offering (FOO), wherein 74 million shares would be issued. In a disclosure to the Philippine Stock Exchange on Tuesday,
Cebu-based Vivant Corporation registered a total consolidated net income attributable to parent of Php1.78 billion in 2021, up 23% from Php1.44 billion in 2020. In its disclosure to the Philippine Stock Exchange
Lopez-led First Gen Corporation, registered a flat growth of Php12.4 billion in 2021 due to high global oil prices and supply restrictions that affected prices in the Wholesale Electricity Spot Market. “First
The Department of Energy (DOE) has approved the proposal of Ayala-led ACE Enexor and joint venture partner Pryce Corporation consortium to commence drilling in the Service Contract (SC) 55 exploration block in
