9621 Agnes Crossing, Lake Suzanneview, New Mexico Island 84604-9295.
ACEN Corporation, the energy arm of the Ayala group, recorded a significant 94% increase in its consolidated net income in this year’s first semester, amounting to Php 4.2 billion. ACEN’s performance was
Aboitiz Renewables, Inc. (ARI), the renewable energy subsidiary of Aboitiz Power Corporation (AboitizPower), has entered into a joint venture agreement with Vena Energy, a Singapore-based company, to invest in the latter’s 102-Megawatt
Petron Corporation (PCOR) recorded a 20% drop to Php 6.14 billion in its net income for the first half of the year, the company announced disclosed in the Philippine Stock Exchange (PSE).
Meralco PowerGen Corp. (MGen) subsidiary Atimonan One Energy Inc. anticipates converting its coal project in Quezon Province into a gas-fired power plant by October once they are granted proposal approval within the
Following the termination of a 330 megawatt (MW) power supply agreement (PSA) due to the recent verdict of the Court of Appeals, South Premiere Power Corporation (SPPC), a subsidiary of SMC Global
The Department of Energy (DOE) is encouraging household beneficiaries who are part of the Pantawid Pamilyang Pilipino Program (4Ps) to avail of the electricity lifeline rate program of the government to continue
The Manila Electric Company (MERALCO) recorded a 47% increase in its consolidated net income in the first half of the year, the company announced. During the period, MERALCO achieved a record high
The Department of Energy (DOE) is willing to adjust the policy framework for the investments and deployment of the country’s energy storage systems. In a report by the Manila Bulletin, Energy Secretary
Aboitiz Power Corporation recorded Php 17.8 billion in net income for the first half of 2023, following fresh contributions from GNPower Dinginin Ltd. Co. (GNPD) and higher availability in its portfolio. In
Prime Energy Resources Development B.V. exceeded its target gas output for the second quarter in the Malampaya gas field. The Prime Infrastructure Capital Inc. subsidiary said that it recorded 280 million standard
