July 4, 2022

Weak peso, higher WESM charges to raise Meralco rates this month

By Alena Mae S. Flores – July 3, 2022, 7:00 pm from manilastandard.net Consumers of Manila Electric Co. (Meralco) may have to brace for higher power rates in July due to the peso depreciation and higher charges at the Wholesale […]
March 19, 2022

Cusi mulls buy-back of Malampaya, PNOC-EC to corner equity in Shell stake

By Myrna M. Velasco – March 17, 2022, 3:04 PM from Manila Bulletin The government, through the Philippine National Oil Co.-Exploration Corp. (PNOC-EC), is exploring the possibility of a buy-back of the Chevron shares and to also acquire equity in […]
February 15, 2022

Avion plant now fully operational–PMPC

BY LENIE LECTURA – FEBRUARY 14, 2022 from Business Mirror The Avion gas power plant of First Gen Corp. unit, Prime Meridian Power Gen Corp. (PMPC), can now run on both natural gas and liquid fuel. The Lopez-led firm said […]
December 9, 2021

House leader thumbs down government takeover of Malampaya

BY JOVEE MARIE DE LA CRUZ – DECEMBER 8, 2021 from Business Mirror The Malampaya Deep Water Gas-to-Power Project, located 50 km offshore Northwest Palawan. A LEADER of the House of Representatives on Wednesday rebuffed the call of a business […]