Shell makes Php3.9B profit in 2021
- March 28, 2022
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
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
Luzon was once again placed under a Yellow Alert on Saturday night, as several power plants went on unplanned outages and derated capacities, according to the National Grid Corporation of the Philippines
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 Luzon Grid reached its highest peak demand this year at 11,513 megawatts (MW) on Tuesday afternoon, according to the Independent Electricity Market Operator of the Philippines (IEMOP). IEMOP, the operator of
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
Lopez-led First Gen Corporation has launched its own electric vehicle (EV) pilot project in its Clean Energy Complex in Batangas City to help the company meet its carbon emission reduction goals. Dubbed
The board of government-owned National Transmission Corporation (TransCo) has named Atty. Jainal Abidin Bahjin II as its new President and CEO. TransCo made the announcement on Monday, following the appointment of its
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 Department of Energy (DOE) has ordered government agencies to conserve energy to ensure a sufficient supply of petroleum products amid the Russia-Ukraine crisis. The DOE, acting as Chair of the Inter-Agency