April 7, 2020

ERC moves to reduce electricity transmission charge to consumers

By Lenie Lectura -April 7, 2020 from Business Mirror In Photo: An overhead power line used for electricity transmission and distribution across large distances is seen in Bulacan. Transmission charges will be reduced to P0.4701 per kilowatt-hour (kWh) this year […]
April 3, 2020

SPEx: Malampaya remains operational

By Lenie Lectura -April 2, 2020 from Business Mirror Shell Philippines Exploration BV (SPEx), operator of the Malampaya deep-water gas-to-power project, on Thursday assured unhampered operation of the gas facility which supplies up to 40 percent of the Luzon grid’s […]
April 2, 2020

Opening of bids for exploration of Mindoro-Cuyo basin deferred

By Lenie Lectura -April 2, 2020 from Business Mirror The Department of Energy (DOE) has suspended the deadline for the submission and opening of bid applications to explore petroleum reserves in Mindoro-Cuyo basin. “In line with the enhanced community quarantine […]
April 2, 2020

Sarangani power project boosts Alsons net income

By Lenie Lectura -April 2, 2020 from Business Mirror ALCANTARA-led Alsons Consolidated Resources Inc. (ACR) ended 2019 with a net income of P938 million, up 67 percent from P563 million recorded in 2018, mainly due to sustained revenues. The publicly […]