June 24, 2022

Synergy Grid board OKs ₧1.35B dividend payout

BY LENIE LECTURA – JUNE 23, 2022 from Business Mirror SYNERGY Grid and Development Philippines Inc. (SGP) has declared dividend payout of P1.35 billion, to be settled next month. In a disclosure to the stock exchange Thursday, SGP said its […]
June 23, 2022

PXP Energy pursues other oil, gas exploration projects

BY LENIE LECTURA – JUNE 22, 2022 from Business Mirror PXP Energy Corp. is pursuing other projects after exploration activities for petroleum service contracts (SC)—SC 72 and SC 75 blocks in the West Philippine Sea—were suspended. PXP is the operator […]
June 23, 2022

Next DOE chief to deal with brownouts, soaring oil prices

By Myrna M. Velasco – June 21, 2022, 2:56 PM from Manila Bulletin Marcos has yet to name his energy czar that will flesh out and implement his policies for the industry in the next six years of his reign. […]
June 22, 2022

ERC caps market fees of WESM

BY LENIE LECTURA – JUNE 21, 2022 from Business Mirror The Energy Regulatory Commission (ERC) has capped the cost of administering and operating the wholesale electricity spot market (WESM) at a total of P897.93 million for the years 2019 and […]