April 25, 2019

SPEX wins US$1.1-B Malampaya tax case in arbitration

By Myrna M. Velasco – April 24, 2019, 10:00 PM from Manila Bulletin With a unanimous vote of 3-0, the operator of the multi-billion Malampaya gas field project led by Shell Philippines Exploration B.V. (SPEX) won its landmark US$1.1 billion […]
April 25, 2019

SMC Global Power lists P30-B bonds with PDEx

By Lenie Lectura – April 25, 2019 from Business Mirror SMC Global Power Holdings Corp. (SMCGP) on Wednesday listed with the Philippine Dealing and Exchange (PDEx) Corp. P30 billion worth of fixed-rate bonds, representing the first tranche of P60-billion shelf-registered […]
April 24, 2019

PetroEnergy starts supply of additional power to Luzon

By Danessa Rivera – April 24, 2019, 12:00am from The Philippine Star MANILA, Philippines — Yuchengco-led PetroEnergy Resources Corp. (PERC) has started supplying additional power to the Luzon grid from its Tarlac solar power plant in time to meet the […]
April 24, 2019

GenCos with multiple plants are targets

By Myrna M. Velasco – April 23, 2019, 10:00 PM from Manila Bulletin The Department of Energy (DOE) indicated that the center of investigation on the alleged collusion of generation companies (GenCos) will be on the ‘bidding behavior’ and the […]