May 23, 2020

PXP Energy incurs P40.4-M loss in Q1

By Jordeene B. Lagare – May 22, 2020 from The Manila Times PXP Energy Corp. recorded a consolidated net loss of P40.4 million in the first quarter of 2020, compared with the consolidated net income of P7 million recorded in […]
May 22, 2020

Psalm to borrow P43 billion to pay maturing obligations

By Lenie Lectura – May 22, 2020 from Business Mirror THE Power Sector Assets and Liabilities Management Corp. (Psalm) intends to secure a P43-billion loan from the Development Bank of the Philippines (DBP) to pay for its maturing obligations this […]
May 21, 2020

DOE revising power demand, outlook

By Lenie Lectura – May 21, 2020 from Business Mirror THE Department of Energy (DOE) is revising the country’s projected power demand and supply for the year as economic activity slowed down during the pandemic. DOE Assistant Secretary Redentor Delola […]
May 21, 2020

Renewable energy should be at the heart of virus recovery plans: IEA

By AFP and Kelly Macnamara – May 20, 2020 at 04:00 pm from manilastandard.net The International Energy Agency on Wednesday called on governments to put clean energy at the heart of their coronavirus economic recovery plans, as it forecast the […]