April 2, 2020

Opening of bids for exploration of Mindoro-Cuyo basin deferred

By Lenie Lectura -April 2, 2020 from Business Mirror The Department of Energy (DOE) has suspended the deadline for the submission and opening of bid applications to explore petroleum reserves in Mindoro-Cuyo basin. “In line with the enhanced community quarantine […]
April 2, 2020

Sarangani power project boosts Alsons net income

By Lenie Lectura -April 2, 2020 from Business Mirror ALCANTARA-led Alsons Consolidated Resources Inc. (ACR) ended 2019 with a net income of P938 million, up 67 percent from P563 million recorded in 2018, mainly due to sustained revenues. The publicly […]
April 2, 2020

Quarantine measure cuts Visayas power demand by 458 MW – NGCP report

By Lenie Lectura -April 1, 2020 from Business Mirror POWER demand in Visayas dropped by 458 megawatts (MW) from January 29 to March 28 this year, the Department of Energy (DOE) reported. The DOE-Visayas Field Office (DOE-VFO) attributed the decrease […]
April 2, 2020

Visayas power demand drops as businesses shut down

By Adam J. Ang – March 31, 2020 | 9:16 pm from Business World PHILSTAR THE Department of Energy (DoE) said power demand declined in the Central Philippines as industrial and commercial establishments, especially malls, closed down due to the […]