June 7, 2022

AC Energy, unit cancel share swap deal amid uncertainty

BY LENIE LECTURA – JUNE 6, 2022 from Business Mirror Citing unfavorable market conditions, AC Energy Corp. (ACEN) said it has cancelled the property-for-share swap deal with its oil and gas exploration unit, ACE Enexor (ENEX). “The respective Boards of […]
June 7, 2022

Cebu-Bohol power link gets ERC nod

BY LENIE LECTURA – JUNE 6, 2022 from Business Mirror The Energy Regulatory Commission (ERC) has approved the National Grid Corporation of the Philippines’ (NGCP) Cebu-Bohol 230 kilovolt (kV) interconnection project worth over P19 billion. The transmission project is meant […]
June 6, 2022

Solon sees no hurdle in Razon’s takeover of Malampaya project

BY JOVEE MARIE DE LA CRUZ – JUNE 6, 2022 from Business Mirror BusinessMirror file photo The chairman of the House Committee on Strategic Intelligence on Sunday said he sees no hurdle to Philippine ports and gaming tycoon Enrique Razon […]
June 6, 2022

First Philec, Meralco eye decarbonization schemes

BY LENIE LECTURA – JUNE 6, 2022 from Business Mirror First Philec Inc. of the Lopez Group and Pangilinan-led Manila Electric Co. (Meralco) are closely working together on next-generation solutions to help decarbonize the local power industry. During the First […]