May 24, 2020

Extended payments to ruin power firms

By Alena Mae S. Flores – May 22, 2020 at 09:10 pm from manilastandard.net The country’s power generators warned Friday that extended payment flexibilities will take a toll on their operations, force them to stop new investments or close shop […]
May 23, 2020

ERC orders 6-month bill payments

By Alena Mae S. Flores – May 22, 2020 at 10:00 pm from manilastandard.net The Energy Regulatory Commission ordered distribution utilities to stagger the payments of electricity consumers to up to six equal monthly installments, depending on the level of […]
May 23, 2020

Cusi corrects self on Malampaya stake acquisition

By Jordeene B. Lagare – May 22, 2020 from The Manila Times ENERGY Secretary Alfonso Cusi corrected on Thursday his earlier statement regarding PNOC Exploration Corp.’s (PNOC-EC) plan to invest in the Malampaya gas project in Palawan province. “I wish […]
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 […]