Power News

December 3, 2018

PetroEnergy net income in 1st 9 months up 27% to $9.77M

By Lenie Lectura – December 3, 2018 from Business Mirror PETROENERGY Resources Corp. (PERC) of the Yuchengco group posted a 27-percent increase in consolidated income in the first three quarters of 2018. Net income reached $9.77 million (about P513.98 million) at end-September […]
December 2, 2018

Filipino tycoons pitch for energy resiliency

By Myrna M. Velasco – December 1, 2018, 10:00 PM from Manila Bulletin In this era of ‘minimizing regrets’ for offending the environment, Filipino tycoons are taking their pitch on the country’s energy resiliency agenda – or on a future […]
December 1, 2018

EWC gas facility, 2 others are certified energy projects

Of national significance By Myrna M. Velasco – November 30, 2018, 10:00 PM from Manila Bulletin The timeline-lapsing gas fired power plant venture of Energy World Corporation (EWC) in Pagbilao, Quezon has secured certification as energy project of national significance […]
December 1, 2018

PetroSolar to complete Tarlac expansion project in April

By Alena Mae S. Flores – November 30, 2018 at 07:50 pm from manilastandard.net PetroSolar Corp. plans to complete a 20-megawatt solar power project in Central Technopark, Tarlac City by April next year to expand the capacity of the facility […]
December 1, 2018

Aboitiz Power in talks to beef up coal plants

By Alena Mae S. Flores – November 30, 2018 at 07:40 pm from manilastandard.net Aboitiz Power Corp. is in talks with G.E. Digital and other energy technology service providers to increase the reliability and availability of coal-fired plants. “Discussions are […]
November 30, 2018

Mindanao electricity market operations delayed to mid-2019

By Alena Mae S. Flores – November 29, 2018 at 07:30 pm from manilastandard.net Commercial operations of the Wholesale Electricity Spot Market in Mindanao were delayed to middle of next year, according to an official of the Independent Electricity Market […]
November 29, 2018

PXP Energy eyes stake in LNG hub project of Phoenix

By Alena Mae S. Flores – November 28, 2018 at 07:35 pm from manilastandard.net PXP Energy Corp. said it is ready to take a stake in the planned liquefied natural gas project of Phoenix Petroleum Philippines Inc. and joint venture […]
November 29, 2018

ERC named part of EICC

By Lenie Lectura – November 29, 2018 from Business Mirror THE Energy Investment Coordinating Council (EICC) tasked to streamline the regulatory procedures of energy projects has included the Energy Regulatory Commission (ERC) in the council. The EICC, chaired by the Department […]
November 28, 2018

Semirara Mining inks power deal with Luzon firm

By Jordeene B. Lagare – November 28, 2018 from The Manila Times A subsidiary of Semirara Mining and Power Corp. (SMPC) has bagged a contract to supply electricity to a steel manufacturing company in Luzon. In a disclosure on Tuesday, […]
November 28, 2018

NPC complex privatization to integrate ‘gov’t energy offices’

By Myrna M. Velasco – November 27, 2018, 10:00 PM from Manila Bulletin PSALM President Irene Joy B. Garcia said that is a major bargaining chip that the government will set on the table with the property developer to allow […]