February 12, 2019

AC Energy inks deal on Phinma Energy stake

By Jordeene B. Lagare – February 12, 2019 from The Manila Times AC Energy Inc., the energy platform of Ayala Corp., has signed an investment agreement with Phinma Corp. on buying the latter’s 26.25-percent stake in subsidiary Phinma Energy Corp. […]
February 9, 2019

Govt urged to find investors for Paleco

By Jordeene B. Lagare – February 9, 2019 from The Manila Times INSTEAD of challenging its franchise, Palawan Electric Co. (Paleco) is urging the government to look for potential investors for the electric cooperative (EC). “Rather than challenging its power-distribution […]
February 9, 2019

NEA to also probe co-ops’ performance

By Jordeene B. Lagare – February 8, 2019 from The Manila Times THE National Electrification Administration (NEA) will conduct its own review of the performance of all electric cooperatives (ECs) in the country. “Consistent with its mandate under Republic Act […]
January 24, 2019

LNG venture gets requirement deadline

By Jordeene B. Lagare – January 24, 2019 from The Manila Times A JOINT venture between Phoenix Petroleum Philippines Inc. and China National Offshore Oil Corp. (CNOOC) subsidiary Gas and Power Group Co. Ltd. has been given half a year […]