April 26, 2019

WESM prices spike by P1.523/kwh after brownouts

By Myrna M. Velasco – April 25, 2019, 10:00 PM from Manila Bulletin After recurrence of rotating brownouts this month, consumers will have to suffer in their next billing roughly P1.523 per kilowatt hour (kwh) surge in rates due to […]
April 26, 2019

Electric co-ops in CL, East Visayas fully operating after twin quakes

By Lenie Lectura – April 26, 2019 from Business Mirror ALL electric cooperatives (ECs) in Central Luzon and Eastern Visayas are now supplying power to their assigned areas after two earthquake incidents hit Luzon and the Visayas early this week. […]
April 25, 2019

SPEX wins US$1.1-B Malampaya tax case in arbitration

By Myrna M. Velasco – April 24, 2019, 10:00 PM from Manila Bulletin With a unanimous vote of 3-0, the operator of the multi-billion Malampaya gas field project led by Shell Philippines Exploration B.V. (SPEX) won its landmark US$1.1 billion […]
April 25, 2019

SMC Global Power lists P30-B bonds with PDEx

By Lenie Lectura – April 25, 2019 from Business Mirror SMC Global Power Holdings Corp. (SMCGP) on Wednesday listed with the Philippine Dealing and Exchange (PDEx) Corp. P30 billion worth of fixed-rate bonds, representing the first tranche of P60-billion shelf-registered […]