July 27, 2019

Phinma Energy relinquishes stake in Mabini Geothermal

By Danessa Rivera – July 27, 2019 – 12:00am from The Philippine Star MANILA, Philippines — Phinma Energy Corp. is relinquishing its participating stake in the Mabini Geothermal Service Contract (GSC) to its partner Basic Energy Corp. (BEC), a year […]
July 27, 2019

Meralco taps 3rd party to manage its power supply procurements

By Myrna M. Velasco – July 26, 2019, 10:00 PM from Manila Bulletin Power utility giant Manila Electric Company (Meralco) has already formed the five-man third party bids and awards committee (TPBAC) that will carry out the competitive selection process […]
July 27, 2019

AC Energy set to transfer stake in Lanao plant

By Alena Mae S. Flores – July 26, 2019 at 09:00 pm from manilastandard.net AC Energy Inc. signed an agreement to transfer its indirect ownership interest in the 540-megawatt, coal-fired power project in Kauswagan, Lanao del Norte to Power Partners […]
July 26, 2019

ERC seeks reconsideration for 105 PSAs invalidated by CSP ruling of High Court

By Myrna M. Velasco – July 25, 2019, 10:00 PM from Manila Bulletin The Energy Regulatory Commission (ERC), in collaboration with the Office of the Solicitor General (OSG), had filed a motion for reconsideration with the Supreme Court (SC) en […]