9621 Agnes Crossing, Lake Suzanneview, New Mexico Island 84604-9295.
Petron Corporation has drafted a final offering for its planned issuance of United States (US) Dollar-denominated senior perpetual capital securities worth $550 million (Php26.7 billion) to settle its debts and to fund
A total of 44 Energy Service Companies (ESCOs) have registered with the Department of Energy (DOE), the agency said. Based on a BusinessMirror report, Energy Usec. Jesus Cristino Posadas said the role
The Manila Electric Company (MERALCO) is extending its no-disconnection policy until April 30 following the government’s decision to place Metro Manila and neighboring provinces under modified enhanced community quarantine (MECQ). MERALCO’s franchise
Pilipinas Shell Petroleum Corporation (PSPC) eyes a rebound in sales volume and return to profitability again next year as it foresees the easing of the COVID-19 pandemic. PSPC president Cesar Romero hopes
Lopez-led Energy Development Corp. (EDC) has allotted Php17 billion in capital expenditures (capex) this year for its growth projects and to ensure long-term development. Based on a report from The Philippine Star,
The peak demand in Luzon and Visayas is expected to breach 12,000 megawatts (MW) in the next three month, according to the Independent Electricity Market Operator of the Philippines (IEMOP). Based on
Customers of the Manila Electric Company (MERALCO) should indeed expect an increase in electricity bills for April as a result of higher rates in the Wholesale Electricity Spot Market (WESM), which in
Government-owned Power Sector Assets and Liabilities Management Corporation (PSALM) has pushed the deadline for the submission of offers for the 650-megawatt Malaya Thermal Power Plant (MTPP) to May 7 from April 23
Petron Corporation plans to offer United States (US) Dollar-denominated senior perpetual capital securities within the year to pay for its debts and for other purposes. In a disclosure to the Philippine Stock
The Department of Energy (DOE) and Tokyo-based Hydrogen Technology (HTI) sealed a memorandum of understanding (MOU) to explore the use of hydrogen as fuel for power generation. Under the MOU, the DOE
