April 30, 2022

WESM settlement prices down in April

By Myrna M. Velasco – April 29, 2022, 3:23 PM from Manila Bulletin With higher capacity availability from power plants, the settlement prices at the Wholesale Electricity Spot Market (WESM) had softened to P6.26 per kilowatt hour (kWh) this April […]
April 29, 2022

Meralco to bid out new 1,100MW power supply deals

By Myrna M. Velasco – April 28, 2022, 2:41 PM from Manila Bulletin Power utility giant Manila Electric Company (Meralco) will be undertaking fresh round of competitive selection process (CSP) to auction power supply agreements (PSAs) covering 1,100 megawatts for […]
April 29, 2022

PXP Energy to pursue other oil, gas exploration projects

BY LENIE LECTURA – APRIL 28, 2022 from Business Mirror Listed upstream oil and gas firm PXP Energy Corp. and its subsidiary, Forum Ltd., will pursue other exploration projects in the country after the Department of Energy (DOE) ordered an […]
April 28, 2022

Aboitiz Power income down 53% to P2.9 B in 1st quarter

By Myrna M. Velasco – April 27, 2022, 2:19 PM from Manila Bulletin The consolidated net income of listed firm Aboitiz Power Corporation significantly dropped by 53 percent to P2.9 billion in this year’s first quarter from heftier earnings of […]