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MORE oil traders might see the Philippine downstream market attractive with the impending loss of its oil refining industry, according to an oil executive.
Electric cooperatives sustained P50.92 million worth of damage from Typhoon Quinta (international name: Molave) according to initial estimates released by the National Electrification Administration...
Emperador, Inc.'s profit to owners climbed by over a quarter in the three months to September, attributed to contributions of its thriving international business. The...
Del Monte Philippines, Inc. maintained a year-on-year P900-million net profit in the three months to July on the back of "strong" domestic sales in...
Private-led National Grid Corporation of the Philippines (NGCP) has mounted a P1.1-billion transmission line covering the northeastern portion of Mindanao. The second Butuan-Placer 138 kilovolt...
LISTED conglomerate San Miguel Corp. (SMC) plans to install solar technologies to power its international airport project in Bulacan, its top official said.
THE Energy Regulatory Commission (ERC) said Thursday that it ordered all power distributors to delay any disconnections of poor consumers until the end of the year.
EXCELERATE ENERGY LP said Wednesday its preparations to build an offshore liquified natural gas (LNG) terminal project in Batangas are nearly complete and that it will seek a permit to start construction “soon” from the government.
MANILA Electric Co. (Meralco) on Monday reported a core net income of P5.14 billion in the third quarter, down 16.3% from a year ago but milder than the fall it posted in the second quarter this year when its customer base was under a strict lockdown.
PHILIPPINE FamilyMart CVS, Inc. is set to launch three convenience stores in Cebu this week.
INSURERS said they are adjusting to the economic damage sustained by their clients during the pandemic by evaluating products like pay-per-use auto coverage and offering schemes that feature smaller payments.
A NEW committee overseeing the electricity spot market will be formed soon to monitor its operations and adjudicate rules breaches, the Department of Energy (DoE) said.
THE National Electrification Administration (NEA) violated its own policy of halting subsidies to rural utilities with a backlog of unliquidated previous funding, the chairman of the Senate energy committee said.
THE Philippines will have to spend more on imported petroleum products over the coming years should it be left with one domestic refinery or...
THE delayed payment of power bills during the entire quarantine period will have a serious impact on the entire power supply chain, electric cooperatives...
PHILIPPINE National Oil Co. (PNOC) said it moved back the start of its feasibility study on establishing a strategic petroleum reserve next year due to delays caused by the coronavirus pandemic.
PHOENIX Petroleum Philippines, Inc. has placed sanitation hubs at select fuel stations, offering professional car cleaning and disinfection services.
THE GOVERNMENT will need to borrow around P38 billion to cover the full cost of its obligations under the Murang Kuryente Act because the budgeted funds amount to only P8 billion, the Power Sector Assets and Liabilities Management (PSALM) Corp. said.
THE Philippines maintained it will not set aside its arbitral win against China over disputed areas in the West Philippine Sea just to proceed with joint oil and gas development, the country’s energy chief said on Monday.
AYALA-LED AC Energy, Inc. and its partner are expanding their network in India with another solar farm in the pipeline.
PRYCE CORP. on Monday reported a 1.24% rise in its net profit between July and September to P1.222 billion over a year ago as it saw growth in liquefied petroleum gas (LPG) sales.
VARIOUS anti-coal groups have asked the government to declare the expiration of the environmental compliance certificate (ECC) of Meralco Powergen Corp.’s (MGen) large coal power plant project in Quezon province as its construction was supposedly delayed for five years.
A government decision to resume exploration activities in the South China Sea will not affect its non-binding deal with China to jointly explore gas...
RURAL utilities posted a collective rise in energy sales and revenues between April and June on increased power usage of their residential consumers.
THE Department of Energy (DoE) is studying a new policy for subsidies on power supplied to remote areas, including the removal of missionary charges currently being paid by consumers.
THE possible uptick in power prices next month due to maintenance on the Malampaya field can be cushioned by dispatching more power from baseload coal and hydropower plants, the independent market operator said.
THE Energy Regulatory Commission (ERC) said it will require power distributors to extend the moratorium on power disconnections until the end of the year.
LIQUIFIED NATURAL GAS (LNG) imports remain the best way to address the Philippines’ power needs in the next few years, the Secretary of Energy said.
THE Department of Energy (DoE) signed off the solar farm project of Meralco Powergen Corp. (MGen) for a grid impact study.
THE PHILIPPINE GOVERNMENT does not have the cash now to buy into Shell Philippines Exploration, B.V.’s (SPEx) stake in the country’s sole natural gas field as the ongoing pandemic drained its financial resources, according to a senator.