9621 Agnes Crossing, Lake Suzanneview, New Mexico Island 84604-9295.
UPC\AC Australia, a joint venture (JV) between Ayala Corporation’s AC Energy and Australia-based UPC Renewables has tapped a contractor for the engineering, procurement and construction (EPC) of the first stage of its 720-megawatt
The government has directed power companies to extend their grace periods and staggered payment schemes with the state of calamity due to the COVID-19 pandemic still in effect. In its advisory, the Department
The Udenna Group of Davao-based businessman Dennis Uy wants total control of the Malampaya natural gas project by acquiring Shell’s 45% stake, bringing him into a three-way clash with the MVP Group
State-run Power Sector Assets and Liabilities Management Corporation (PSALM) is gearing up for the sale of its 50,447 square meter property in Mexico, Pampanga. PSALM has positioned the Php803.2 million property as “suitable
Corporate rivals Manny V. Pangilinan and Ramon S. Ang may be going head-to-head again, this time in the energy arena, as Pangilinan’s MVP Group and Ang’s San Miguel Corporation (SMC) have expressed
The National Grid Corporation of the Philippines (NGCP) is re-assessing the impact of the COVID-19 pandemic on its big ticket projects. In a statement, NGCP said it eagerly looks forward to completing
AC Energy (ACEN), the Ayalas’ power unit, will invest Php250 million in subsidiary firm Buendia Christiana Holdings Corporation (BCHC) through a shares subscription arrangement. In a disclosure to the Philippine Stock Exchange, ACEN
State-run Power Sector Assets and Liabilities Management Corporation (PSALM) once again declared a failure in its attempt to sell the 650-megawatt Malaya Thermal Power Plant (MTPP) in Pililla, Rizal despite cutting its price
Shell Philippines Exploration B.V. (SPEX) is eyeing the sale of its 45% interest in the $4.5 billion Malampaya deep water gas-to-power project. In a report from Reuters, the company said the proposed
Independent fuel company Seaoil Philippines, Inc. has reached a key milestone, as it opened its 500th station along Meralco Avenue in Pasig City. Moreover, the company said it remains on track to
