December 23, 2019

Lucio Tan group prods DOE on go-ahead for LNG project

By Lenie Lectura -December 23, 2019 from Business Mirror THE group of Lucio Tan is seeking the go-ahead of the Department of Energy (DOE) for its planned LNG (liquefied natural gas) project. “They applied for NTP (notice to proceed) already,” […]
December 23, 2019

DOE sets new rules on prudential requirement for WESM traders

By MYRNA M. VELASCO – December 21, 2019, 10:00 PM from Manila Bulletin Via its proposed Circular, the Department of Energy (DOE) is amending the “prudential requirement” that a trading participant in the Wholesale Electricity Spot Market (WESM) must post […]
December 22, 2019

EDC keeps top credit rating for P7 billion bonds

December 20, 2019 – 12:00am from The Philippine Star MANILA, Philippines — Philippine Rating Services Corp. (PhilRatings) maintained its top credit rating of PRS Aaa for Energy Development Corp.’s P7 billion outstanding bonds. Obligations rated PRS Aaa are of the highest […]
December 21, 2019

AC Energy invests P570 million in 300 MW diesel power plant in Rizal

By Danessa Rivera – December 20, 2019 – 12:00am from The Philippine Star MANILA, Philippines — AC Energy Philippines Inc. (ACEP) has invested P570 million in a 300-megawatt (MW) diesel power plant in Rizal. In a disclosure to the Philippine […]