9621 Agnes Crossing, Lake Suzanneview, New Mexico Island 84604-9295.
Pilipinas Shell Petroleum Corporation incurred a net loss of Php13.9 billion in the first nine months of the year, a reverse from the Php4.4 billion it earned in the same period last
Dennis Uy-led Phoenix Petroleum has posted a net loss of Php95 million from January to September 2020, it said in a disclosure to the Philippine Stock Exchange. The said figure is a
Singapore-based fund GIC Private Limited is set to acquire 17.5% in AC Energy, the Ayala’s power firm said in a disclosure to the Philippine Stock Exchange on Thursday. The Php20 billion transaction,
After announcing a rate cut for November, the Manila Electric Company (MERALCO) is watching for a possible hike in power rates in December due to the Malampaya gas platform’s maintenance shutdown from
Senators have raised eyebrows over Chevron’s sale of its 45% stake in the Malampaya gas-to-power project to Udenna Corporation of Davao-based magnate Dennis Uy. Sen. Sherwin Gatchalian, chairman of the Senate Committee
Consunji-owned Semirara Mining and Power Corporation (SMPC) said in a disclosure to the Philippine Stock Exchange on Tuesday that it has terminated its four-year joint venture agreement (JVA) with the Meralco Powergen
First Gen Corporation, the Lopez Group‘s power generation company, suffered a 12% decline in its net income in the first three quarters of 2020 at Php9.6 billion from Php11.3 billion in the
Despite hitting setbacks due to the COVID-19 pandemic, Aboitiz Power Corporation will still push through with its expansion ventures in Southeast Asia, particularly Vietnam, Indonesia, and Myanmar. The projects, though, will be
The liquefied natural gas (LNG) venture of tycoon Lucio Tan seeks to cater to the electricity needs of the Manila Electric Company (MERALCO), the country’s largest power distributor. Batangas Clean Energy, Inc.,
The Manila Electric Company (MERALCO) is cutting power rates for its consumers by Php0.0395 per kilowatt hour (kWh) to Php8.5105/kWh effective today from Php8.55/kWh in October. The lower electricity rate comes as
