February 27, 2021

PXP Energy narrows net loss in 2020

By Jordeene B. Lagare – February 27, 2021 from The Manila Times PXP Energy Corp. shrank its consolidated net loss to P76.3 million last year on lower output and decline in crude oil prices. The Pangilinan-led company said in a […]
February 27, 2021

WESM forecasts spike in summer power demand

By Myrna M. Velasco – February 26, 2021, 1:49 PM from Manila Bulletin With cyclical temperature rise, the operator of the Wholesale Electricity Spot Market (WESM) is forecasting demand increases during the summer months, primarily around April to May this […]
February 26, 2021

SMC seeks continued discussion with PSALM on P23.94-B billing dispute

By Myrna M. Velasco – February 26, 2021, 6:00 AM from Manila Bulletin Diversified conglomerate San Miguel Corporation (SMC) is inclined to resolve at the negotiating table the P23.94 billion billing dispute of its subsidiary South Premiere Power Corporation (SPPC) […]
February 26, 2021

Electric coops urged on timely CSP of power supply deals

By Myrna M. Velasco – February 25, 2021, 8:00 AM from Manila Bulletin The country’s electric cooperatives (ECs) are prodded to undertake their competitive selection process (CSP) on power supply agreements (PSAs) to guarantee that they will not suffer supply […]