February 26, 2020

PCC clears Udenna unit’s bid for Chevron Malampaya stake

By Lenie Lectura -February 26, 2020 from Business Mirror UC Malampaya Philippines Pte. Ltd., a unit of Udenna Corp. (UC) led by Davao businessman Dennis Uy, has secured approval of the Philippine Competition Commission (PCC) to acquire the 45-percent stake […]
February 26, 2020

Cusi awaits PEMC comments before deciding Iemop’s fate

By Lenie Lectura -February 26, 2020 from Business Mirror ENERGY Secretary Alfonso Cusi is close to making a decision on the issue involving the allegedly illegal creation of Independent Electricity Market Operator of the Philippines (Iemop). He said last week that […]
February 26, 2020

ERC provisionally clears Meralco power deals that had CSP in ’19

By Lenie Lectura -February 26, 2020 from Business Mirror THE Energy Regulatory Commission (ERC) has provisionally approved the Manila Electric Company’s (Meralco) power supply agreements (PSAs) that underwent competitive bidding last year. “The ERC granted provisional authority to implement the […]
February 25, 2020

San Miguel: Let courts rule on PSALM case vs SPPC

By Lenie Lectura -February 25, 2020 from Business Mirror San Miguel Corp. (SMC) criticized the government for releasing willy-nilly disputed figures to gain public approval in an ongoing case concerning the Ilijan power plant. The conglomerate has urged the Department […]