December 26, 2018
Published by admin at December 26, 2018
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PSALM debt payments hit P600B by mid-2018

By Myrna M. Velasco – December 25, 2018, 10:00 PM from Manila Bulletin The scale of debt payments and settlement of financial obligations by state-run Power Sector Assets and Liabilities Management Corporation (PSALM) reached a whopping P599.64 billion in the […]
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December 26, 2018
Published by admin at December 26, 2018
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Ayala to keep majority stake in Kauswagan power plant

By Myrna M. Velasco – December 25, 2018, 10:00 PM from Manila Bulletin The investment arm of the Ayala group intends to retain majority stake in its 540-megawatt Kauswagan coal-fired power project in Lanao del Norte when the time comes […]
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December 26, 2018
Published by admin at December 26, 2018
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Phoenix Petroleum, CNOOC joint LNG project close to securing DOE permit

By Lenie Lectura – December 26, 2018 from Business Mirror THE partnership between Phoenix Petroleum and China National Offshore Oil Corp. (CNOOC) for a planned liquefied natural gas (LNG) import terminal and power plant is one step closer to securing […]
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December 25, 2018
Published by admin at December 25, 2018
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NEA assigns temporary GM to help stabilize power supply in Palawan

By Lenie Lectura – December 25, 2018 from Business Mirror THE National Electrification Administration (NEA) has designated a temporary general manager to beleaguered Palawan Electric Cooperative (Paleco) to help solve the province’s worsening power-supply problem. NEA Administrator Edgardo Masongsong issued an […]
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