November 7, 2019

Power biz drags AEV 9-mo profit

By Jordeene B. Lagare – November 7, 2019 from The Manila Times ABOITIZ Equity Ventures Inc. (AEV) reported on Wednesday that its consolidated net income dropped by 9 percent to P15.7 billion in the first nine months of 2019 from […]
November 7, 2019

Viewpoint: Competitive Selection Process for Power Supply Agreements: The Supreme Court Decision and the Responses of the Energy Regulatory Commission and the Distribution Utility Companies

By David A. Tauli President, Mindanao Coalition of Power Consumers 1. The Supreme Court issued its final decision on July 2019 which required all power supply agreements submitted to the Energy Regulatory Commission after June 30, 2015 to comply with […]
November 6, 2019

World Bank sees rise in energy financing for LNG, RE projects

By Myrna M. Velasco – November 5, 2019, 3:44 PM from Manila Bulletin SINGAPORE – The World Bank Group is anticipating that financing flow in energy projects will be largely dominated by new projects in the liquefied natural gas (LNG) […]
November 6, 2019

Ayala energy firm inks deal to buy out foreign partners

By Myrna M. Velasco – November 5, 2019, 10:00 PM from Manila Bulletin The energy investment arm of the Ayala group has sealed agreements to buy out the shareholdings of foreign partners in its coal-fired power facility in Batangas; and […]