August 2, 2019

PXP Energy posts lower net loss in 1st half on dip in oil production cost, depletion rate

By Lenie Lectura – August 2, 2019 from Business Mirror LISTED upstream oil and gas firm PXP Energy Corp. posted a lower net loss of P17.9 million in the first half of the year from P32.8 million in the same period a […]
August 1, 2019

ERC: 13 million electricity users affected by SC ruling on CSP

By Lenie Lectura – August 1, 2019 from Business Mirror MORE than 13 million electricity users will be affected by the Supreme Court decision that required all power-supply agreements (PSAs) forged after June 30, 2015, to undergo competitive selection process […]
August 1, 2019

AboitizPower’s net income down 5% in H1

By Lenie Lectura – August 1, 2019 from Business Mirror ABOITIZ Power Corp. (AboitizPower) reported a 5-percent drop in net income at end-June mainly on account of higher volume and cost of purchased power during the six-month period when the […]
August 1, 2019

NGCP seeks ERC’s nod to bill Luzon customers P10.64 million

By Lenie Lectura – August 1, 2019 from Business Mirror THE National Grid Corp. of the Philippines (NGCP) is seeking regulators’ approval to recover P10.646 million in expenditures it incurred after Tropical Depression Josie struck Luzon last year. The NGCP […]