May 14, 2024

PXP, Tidemark swap P1.56-b shares

By Alena Mae S. Flores – May 13, 2024, 6:50 pm from manilastandard.net PXP Energy Corp. said Monday its board approved the issuance of 430,243,903 common shares to Tidemark Holdings Ltd. in exchange for 24,125,383 shares held by Tidemark in […]
May 14, 2024

Alternergy posts P158-m profit

By Alena Mae S. Flores – May 13, 2024, 6:40 pm from manilastandard.net Listed Alternergy Holdings Corp. said Monday it posted a net income in a nine-month period ending March 2024 at P158 million, a turnaround from its P8.6-million net […]
May 14, 2024

Diesel plants helped avert blackout in April

By Alena Mae S. Flores – May 13, 2024, 10:40 am from manilastandard.net Power generation companies called on the government to help make diesel plants more viable as these facilities helped avoid rotating power outages during red and yellow alerts […]
May 13, 2024

Meralco expects higher generation charge this month

By Patrick Miguel – May 12, 2024 | 12:00am from The Philippine Star MANILA, Philippines — Energy utility provider Manila Electric Co. (Meralco) said indications point to a higher generation charge this month as the Luzon grid was placed under […]