December 10, 2021

NEA restrains electric cooperatives’ activities

By Myrna M. Velasco – December 9, 2021, 12:32 PM from Manila Bulletin The National Electrification Administration (NEA) is rigidly restraining the participation of electric cooperatives (ECs) to events or activities that are beyond their mandate, which is to provide […]
December 9, 2021

Malampaya lifespan beyond 2027 certain

By Maria Romero – December 9, 2021 02:30 AM from Daily Tribune The multi-billion-dollar transactions of the subsidiaries of Udenna Corp., the diversified company of Davao City magnate Dennis Uy, involving the Malampaya deepwater gas-to-power project have been stalled over […]
December 9, 2021

House leader thumbs down government takeover of Malampaya

BY JOVEE MARIE DE LA CRUZ – DECEMBER 8, 2021 from Business Mirror The Malampaya Deep Water Gas-to-Power Project, located 50 km offshore Northwest Palawan. A LEADER of the House of Representatives on Wednesday rebuffed the call of a business […]
December 9, 2021

Ayala Energy sells 2.7m shares to a unit of GIC

By Alena Mae S. Flores – December 06, 2021 at 06:10 pm from manilastandard.net AC Energy and Infrastructure Corp., a unit of conglomerate Ayala Corp., signed an agreement to sell 2,689,521,681 secondary shares of AC Energy Corp. to Arran Investment […]