March 6, 2025

Hot weather lifts power prices at spot market

By Alena Mae S. Flores – March 5, 2025, 8:15 pm from manilastandard.net The Independent Electricity Market Operator of the Philippines (IEMOP) reported a surge in the average price at the Wholesale Electricity Spot Market (WESM) this week. The IEMOP […]
March 1, 2025

PSALM declares over P500-m savings from reduction of real property taxes

By Alena Mae S. Flores – February 28, 2025, 7:15 pm from manilastandard.net State-run Power Sector Assets and Liabilities Management (PSALM) Corp. said it generated savings of P509.94 million from the implementation of Executive Order No. 83 signed by President […]
February 28, 2025

PXP posts lower net loss of P33m on higher Galoc offtake

By Alena Mae S. Flores – February 27, 2025, 7:30 pm from manilastandard.net PXP Energy Corp. said Thursday it posted a lower core net loss of P33.3 million in 2024, compared with P42.5 million in 2023 on higher volume lifted […]
February 27, 2025

NGCP: Tribunal ruling ends claims of illegal ownership

By Alena Mae S. Flores – February 26, 2025, 8:20 pm from manilastandard.net National Grid Corp. of the Philippines (NGCP) said Wednesday the ruling by the Arbitral Tribunal of the Singapore International Arbitration Centre (SIAC) should end allegations that the […]