December 2, 2021

Basic Energy bullish on entry of new shareholder

By Alena Mae S. Flores December 01, 2021 at 05:22 pm from manilastandard.net Basic Energy Corp. expressed optimism about its business prospects with the entry of MAP 2000 Development Corp. as its new major shareholder. The company said Wednesday the […]
December 1, 2021

PSALM studies Casecnan valuation

By Alena Mae S. Flores – November 28, 2021 at 08:05 pm from manilastandard.net State-run Power Sector Assets and Liabilities Management Corp. said it is studying the valuation of the Casecnan hydro power plant, a 165-megawatt combined irrigation and power […]
December 1, 2021

Covid stalls ‘cost subsidy reduction’ on RE rates

By Myrna M. Velasco – November 29, 2021, 5:41 PM from Manila Bulletin The financial affliction of the coronavirus pandemic, which triggered backlog in feed-in-tariff (FIT) payments to qualified renewable energy (RE) developers, is also seen to delay the reduction […]
December 1, 2021

DOE seeks ‘proper forum’ to tackle Malampaya issues

By Myrna M. Velasco – November 29, 2021, 3:39 PM from Manila Bulletin The Department of Energy (DOE) indicated that it will reply to and would tackle all allegations on the sale of Malampaya shares in a proper forum, including […]