June 26, 2019

PNOC signs exclusive deal with Lloyds Energy on LNG, depot ventures

By Myrna M. Velasco – June 25, 2019, 10:00 PM from Manila Bulletin State-run Philippine National Oil Company (PNOC) has signed a non-exclusive memorandum of understanding (MOU) with Dubai-headquartered Lloyds Energy for planned liquefied natural gas (LNG) and oil depot […]
June 25, 2019

Power sector reforms stagnated—Gatchalian

By Alena Mae S. Flores – June 23, 2019 at 07:30 pm from manilastandard.net The Philippines’ power sector stagnated 18 years after the passage of the Electric Power Industry Reform Act of 2001, which instituted reforms in the power sector, […]
June 25, 2019

AC Energy completes purchase of 51.48% stake in Phinma Energy

By Lenie Lectura – June 25, 2019 from Business Mirror AC Energy Inc., the energy platform of Ayala Corp., has completed the acquisition of Phinma Inc.’s and Phinma Corp.’s (PHN) combined 51.48-percent stake in Phinma Energy Corp. (PHEN). “We are […]
June 25, 2019

PSALM to file recovery of P10.8-billion N.P.C. debt

By Lenie Lectura – June 25, 2019 from Business Mirror THE Power Sector Assets and Liabilities Management Corp. (PSALM) said on Monday it would file next week before the Energy Regulatory Commission (ERC) two petitions to recover P10.843 billion from […]