Power News

March 20, 2019

PetroEnergy allocates more for solar project

By Alena Mae S. Flores – March 19, 2019 at 07:30 pm from manilastandard.net The board of PetroEnergy Resources Corp. approved the reallocation of P160 million from the proceeds of its stock rights offering to fund additional investments in the […]
March 19, 2019

Cusi firm on review of ECs to achieve lasting solutions

By The Manila Times – March 14, 2019 Department of Energy (DoE) Secretary Alfonso Cusi emphasized the unwavering resolve of the department to look into the issues plaguing electric cooperatives (ECs), and create the appropriate long-term solutions that would enable […]
March 19, 2019

Phoenix Petroleum shareholders okay tie-up with CNOOC on planned LNG hub

By Lenie Lectura – March 19, 2019 from Business Mirror PHOENIX Petroleum Philippines, Inc shareholders approved the oil firm’s partnership with the China National Offshore Oil Corp. (CNOOC) for the planned LNG (liquefied natural gas) hub. In a disclosure to […]
March 19, 2019

Transition to clean energy future seen highly feasible

By Myrna M. Velasco – Updated March 18, 2019, 4:25 PM from Manila Bulletin HOUSTON, Texas – The battle of many countries for a clean energy future – primarily to save planet Earth from overheating, is highly feasible as has […]
March 18, 2019

AC Energy to continue assessing value of Phinma Energy assets it bought

By Lenie Lectura – March 18, 2019 from Business Mirror AC Energy Inc. said it would continue to assess the renewable energy (RE) and gas projects Phinma Energy Corp. (PHEN) following the signing of an investment agreement involving the former’s […]
March 18, 2019

PHL to host 2 regional energy meetings in next two years

By Lenie Lectura – March 18, 2019 from Business Mirror THE Philippines will host two important regional energy industry conferences in the next two years. Led by the Department of Energy (DOE) in cooperation with the Department of Tourism and […]
March 18, 2019

DMCI power posts record sales

By James A. Loyola – March 17, 2019, 10:00 PM from Manila Bulletin Off-grid electricity supplier DMCI Power Corporation (DPC) reported a record sales volume for 2018, growing 25 percent from 247 gigawatt hours (GWh) to 308 GWh. In a […]
March 17, 2019

Design contest for Napocor property in QC launched

By Myrna M. Velasco – March 16, 2019, 10:00 PM from Manila Bulletin State-run Power Sector Assets and Liabilities Management Corporation (PSALM) has already set in motion a contest among local and international architectural firms in concretizing a blueprint for […]
March 16, 2019

WB, IFC providing assistance to offshore wind power projects

By Czeriza Valencia – March 10, 2019 – 12:00am from The Philippine Star MANILA, Philippines — The World Bank and the International Finance Corp. (IFC) have launched a program that would help developing countries assess their potential in adopting offshore […]
March 16, 2019

CUSI RESIGN: Philreca questions Cusi, calls for resignation

By MEANNE ROSALES – March 6, 2019 at 9:53 am from Power Philippines THE PHILIPPINE RURAL ELECTRIC COOPERATIVES ASSOCIATION (PHILRECA) IS CALLING FOR THE RESIGNATION OF DEPARTMENT OF ENERGY SECRETARY ALFONSO CUSI FOR HIS ALLEGED INCOMPETENCE AND IGNORANCE OF THE […]