November 4, 2024

Reinstated ERC chief seeks immunity from suit for 5 execs while in office

By Lenie Lectura – November 4, 2024 from Business Mirror Energy Regulatory Commission (ERC) Chairperson and CEO, Atty. Monalisa C. Dimalanta REINSTATED Energy Regulatory Commission (ERC) chief Monalisa Dimalanta proposed that all five commissioners be granted immunity from suit similar […]
November 2, 2024

PXP Energy trims net loss on higher output of Galoc

By Lorenz S. Marasigan – November 1, 2024 from Business Mirror PXP Energy Corp. narrowed its core net loss in January to September, citing slightly higher crude oil prices, improved production volumes from its Galoc operations, and reduced overhead costs […]
October 29, 2024

Meralco to overshoot CCNI target for this year–exec

By Lenie Lectura – October 29, 2024 from Business Mirror The Manila Electric Co. (Meralco) expects to exceed its target consolidated core net income (CCNI) of P43 billion this year, following its strong performance in January to September. During a […]
October 28, 2024

SMGP unit gets Sual coal plant

By Lenie Lectura – October 28, 2024 from Business Mirror THE government, through the Power Sector Assets and Liabilities Management Corp. (Psalm), has turned over the 1,200-megawatt (MW) Sual Coal Fired Thermal Power Plant (CFTPP) in Pangasinan to Sual Power […]