February 20, 2020

Ayala Group secures bigger stake in West Palawan offshore contract

By Danessa Rivera – February 19, 2020 – 12:00am from The Philippine Star MANILA, Philippines — ACE Enexor Inc. (formerly Phima Petroleum and Geothermal Inc.) has secured a bigger stake in service contract (SC)  55 offshore west Palawan after one […]
February 20, 2020

Aboitiz explores options for Batangas biomass plant

By Danessa Rivera – February 17, 2020 – 12:00am From The Philippine Star MANILA, Philippines — Aboitiz Power Corp. is exploring other options for the planned sale its 8.8-megawatt (MW) biomass power plant assets in Lian, Batangas as its year-end […]
February 19, 2020

PSALM sees DOF okay for ADB role in hydropower privatization

By Lenie Lectura – February 19, 2020 from Business Mirror THE Power Sector Assets and Liabilities Management Corp. (PSALM) is expecting within the month the Department of Finance’s go-ahead for its plan to tap the services of Asian Development Bank […]
February 19, 2020

Power utilities choose brownouts over high prices

By Myrna M. Velasco – February 18, 2020, 10:00 PM from Manila Bulletin During extremely tight demand months of summer, power utilities indicated that it could be a ‘less evil act’ for them to commit their customers to rolling brownouts, […]