May 6, 2021

Malampaya license extension still hangs

By Myrna M. Velasco – May 5, 2021, 5:00 PM from Manila Bulletin The Duterte administration is now on its last year stretch, but the government still cannot give a definitive timeframe on when the decision on the propounded license […]
May 6, 2021

AC Energy scales down FOO proceeds target to P13.07 B

By Myrna M. Velasco – May 6, 2021, 6:30 AM from Manila Bulletin Ayala-led firm AC Energy Corporation has lowered the scale of proceeds it can fetch from its follow-on offering (FOO) to P13.07 billion from a higher end target […]
May 6, 2021

Semirara posted 93% growth in Q1 income

By Alena Mae S. Flores – May 05, 2021 at 07:10 pm from manilastandard.net Semirara Mining and Power Corp. on Wednesday reported a 93-percent increase in net income to P2.3 billion from P1.2 billion a year ago. SMPC said in […]
May 5, 2021

PH power consumption down in 2020

By Jordeene B. Lagare – May 3, 2021 from The Manila Times ELECTRICITY consumption across the Philippines dropped by 4.04 percent in the past year, data from the Department of Energy (DoE) showed. In its 2020 Power Statistics report released […]