November 2, 2022

Shell, Prime Infra wrap up Malampaya gas field deal

BY LENIE LECTURA – NOVEMBER 2, 2022 from Business Mirror Shell Petroleum N.V. (Shell Petroleum) has completed the sale of its entire shareholding in Shell Philippines Exploration B.V (SPEX) to Malampaya Energy XP Pte Ltd (MEXP), a subsidiary of Prime […]
November 2, 2022

ECs incur P7.4-M loss, says NEA

BY LENIE LECTURA – NOVEMBER 1, 2022 from Business Mirror The National Electrification Administration (NEA) said Monday the initial cost of damages incurred by affected electric cooperatives (ECs) due to Typhoon “Paeng” has reached P7.4 million. The agency said 96 […]
November 1, 2022

Denied SMC-Meralco rate hike: End of an era for fixed-price PSAs?

By Myrna M. Velasco – November 1, 2022, 1:11 PM from Manila Bulletin Cheers and jeers had greeted the decision of the Energy Regulatory Commission (ERC) on the junked petition of the Manila Electric Company (Meralco) and the subsidiaries of […]
November 1, 2022

NGCP completes restoration of storm Paeng’s affected transmission facilities

By Myrna M. Velasco – November 1, 2022, 3:22 PM from Manila Bulletin Transmission firm National Grid Corporation of the Philippines (NGCP) has completed electricity service restoration work on more than 60 transmission lines that had been pummeled by the […]