July 29, 2019

PXP Energy firming up $6-B investment for Recto Bank gas prospect

By Myrna M. Velasco – July 27, 2019 from Manila Bulletin PXP Energy Corporation is firming up to US$6.0 billion worth of investments from the time it is finally allowed to resume exploration activities at the Recto Bank and that […]
July 27, 2019

Phinma Energy relinquishes stake in Mabini Geothermal

By Danessa Rivera – July 27, 2019 – 12:00am from The Philippine Star MANILA, Philippines — Phinma Energy Corp. is relinquishing its participating stake in the Mabini Geothermal Service Contract (GSC) to its partner Basic Energy Corp. (BEC), a year […]
July 27, 2019

AC Energy set to transfer stake in Lanao plant

By Alena Mae S. Flores – July 26, 2019 at 09:00 pm from manilastandard.net AC Energy Inc. signed an agreement to transfer its indirect ownership interest in the 540-megawatt, coal-fired power project in Kauswagan, Lanao del Norte to Power Partners […]
July 26, 2019

EU allots 2.2m euros for off-grid project

By Alena Mae S. Flores – July 25, 2019 at 07:10 pm from manilastandard.net The European Union allocated 2.2 million euros (P120 million) for a project that will energize off-grid communities in Cebu, Bohol and Palawan through solar energy to […]