September 30, 2021

Customers affected by cable outage to get refund–PEMC

BY LENIE LECTURA – SEPTEMBER 29, 2021 from Business Mirror The Philippine Electricity Market Corp. (PEMC) will recommend to the Energy Regulatory Commission (ERC) a pricing scheme for the duration of the outage of the Cebu-Negros Submarine Cable, in its […]
September 29, 2021

Dennis Uy firm has ‘negative working capital’ for Malampaya field

By Myrna M. Velasco – September 28, 2021, 4:15 PM from Manila Bulletin UC Malampaya Philippines Ptd. Ltd. (UC MPPL), a company of Davao businessman Dennis Uy that bought the 45-percent shareholdings of American energy giant Chevron Corporation in the gas field […]
September 27, 2021

70:30 Malampaya royalty sharing dangled

By Myrna M. Velasco – September 26, 2021, 10:00 PM from Manila Bulletin A more generous 70:30 royalty sharing in favor of the government is coming forth as the tenor in negotiations on the proposed license extension for the Malampaya […]
September 25, 2021

Energy dep’t may halt subsidies to remote areas that link to grid

By Angelica Y. Yang – September 23, 2021 | 8:46 pm from Business World THE DEPARTMENT of Energy (DoE) is proposing to halt the Universal Charge for Missionary Electrification (UC-ME) subsidy for remote areas that connect with the main power […]