April 3, 2017

SMC mulls $3.6-B tidal energy facility

By Myrna M. Velasco – April 2, 2017, 10:01 PM from Manila Bulletin The energy investment unit of diversifying conglomerate San Miguel Corporation (SMC) sets far-reaching plan for $3.6 billion worth of capital outlay on its planned tidal power facility that […]
April 3, 2017

DOE proposes to use ERD funds to avoid passed-on charges to consumers

By Philippine News Agency – April 1, 2017, 5:43 PM from Manila Bulletin Instead of passing on a 19-centavo universal charge on consumers, the Department of Energy (DOE) has proposed to use the Malampaya or Energy Resource Development (ERD) funds to […]
April 1, 2017

DOE: Malampaya fund can be used to pay NPC debts

By  Lenie Lectura – April 1, 2017 from Business Mirror The Department of Energy (DOE) strongly  urged lawmakers to pass a legislation that will allow the government to tap the Malampaya fund in paying the stranded debts of the National Power Corp. (NPC). […]
April 1, 2017

Duterte appoints new Napocor head

by Alena Mae S. Flores – March 30, 2017 at 07:40 pm from Manila Standard Today Malacañang appointed Pio Benavidez as new president of state-run National Power Corp. in place of Gladys Sta. Rita. Benavidez was appointed to the board only this month […]