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AN ISRAELI FIRM sought to cover a wider gas and oil exploration area in the country, according to the Department of Energy (DoE).
PEAK electricity demand “drastically” declined in the first week of August after Metro Manila and adjacent provinces returned to a stricter form of lockdown, known as modified enhanced community quarantine (MECQ), due to mounting coronavirus infections.
DMCI HOLDINGS, INC. reported a 69% decline in total net income to P2 billion in the first semester as it was “severely” affected by low market prices.
VIVANT CORP. saw a 35% drop in after-tax net income to P814.4 million as the company’s subsidiaries recorded reduced power in the first semester.
THE Department of Energy (DoE) said electricity consumers need to be “mindful” of their power consumption during tough economic times, and reminded them of the need to save money.
Angkas will deploy 1,000 motorcycle riders to 10 hospitals in Metro Manila as it teamed up with the government to provide medical workers with...
THE DEPARTMENT of Energy (DoE) hopes the government can soon adopt a position on including nuclear power in the generation mix. Executive Order No....
By Adam J. Ang The Philippines' telecommunications giants are likely to raise their investments next year as they face regulatory pressure and looming competition, according...
THE Department of Energy (DoE) said it is preparing guidelines for granting fiscal incentives for energy efficiency and conservation (EEC) projects, setting 15% in...
THE National Electrification Administration (NEA) said off-grid power providers must use locally-available resources when possible to ensure affordable and reliable electricity. The agency, which is...
A STUDY of the country’s sedimentary basins is needed to spur exploration as current resources like Malampaya become depleted, according to the Philippine National Oil Company-Exploration Corp. (PNOC-EC).
THE IMPLEMENTATION of flexible working arrangements compelled companies to rationalize their office space requirements by looking at areas outside business districts, according to Colliers International Philippines.
THE Department of Energy (DoE) is studying the use of small nuclear generators to power off-grid areas, Energy Secretary Alfonso G. Cusi said in a statement.
THE renewables industry said its potential for providing energy is “untapped” while its safety record is superior to that of nuclear energy, which the government is considering adding to the power generation mix.
LOPEZ-LED First Gen Corp. is expecting to start building its liquefied natural gas (LNG) terminal project in Batangas in the second half of the year.
AN AFFILIATE company of Ayala Corp.’s energy arm now owns a material interest in an Australian power firm, which it initially aims to fully take over.
THE former operator of the Rizal diesel-fired power plant owned by the state-led Power Sector Assets and Liabilities Management Corp. (PSALM) is the lone bidder for the generator’s service contract.
THE National Electrification Administration (NEA) has reduced its target for rural villages it plans to deliver power to this year to 635 sitios after the loss of funding that was diverted to the pandemic containment effort.
SUPPORTERS of clean energy said the fifth State of the Nation Address (SONA) was delivered by President Rodrigo R. Duterte Monday failed to renew a previous commitment to pursue more green energy alternatives.
PRYCE CORP. saw its after-tax income dropped in the first semester, pulled down by inventory losses from the slump in the prices of crude and liquefied petroleum gas (LPG) in the second quarter caused by the global coronavirus pandemic.
SUPPORTERS of green energy are urging the government to highlight renewables in its economic recovery plan, saying that such a measure will make the economy more resilient while generating jobs.
By Adam J. Ang The benchmark Philippine Stock Exchange index (PSEi) is not expected to retest previous lows given the "better" financial conditions under an...
Del Monte Pacific Ltd. (DMPL) shed $81.4 million in its fiscal year 2020 due to the closures and sale of its production plants in...