June 23, 2022

PXP Energy pursues other oil, gas exploration projects

BY LENIE LECTURA – JUNE 22, 2022 from Business Mirror PXP Energy Corp. is pursuing other projects after exploration activities for petroleum service contracts (SC)—SC 72 and SC 75 blocks in the West Philippine Sea—were suspended. PXP is the operator […]
June 22, 2022

Vivant improves retail market performance

By Myrna M. Velasco – June 19, 2022, 8:00 PM from Manila Bulletin COREnergy, which is the power retailing arm of listed firm Vivant Corporation, is targeting to sustain upturn in capacity sales to contestable customers next year and for […]
June 21, 2022

Solar PHL in talks with buyers

BY LENIE LECTURA – JUNE 20, 2022 from Business Mirror Photo shows Solar Philippines’ 150MW solar farm in Concepcion, Tarlac. Solar Philippines is in discussions with potential buyers of up to 10 gigawatts (GW), or 10,000 megawatts, of solar power […]
June 20, 2022

DOF: No double taxation in power rates

By Chino S. Leyco – June 16, 2022, 2:24 PM from Manila Bulletin The Department of Finance (DOF) has clarified that there is no double taxation in the imposition of value-added tax (VAT) in the electric power sector. Reacting to […]