March 14, 2022

Consumers warned of soaring electric bills in summer months

By Myrna M. Velasco – March 13, 2022, 8:30 PM from Manila Bulletin Soaring electric bills in summer months seen Summer months may just get hotter as soaring electric bills could further erode the purchasing power of Filipino consumers and […]
November 29, 2021

Resumption of Malampaya gas operation leads to lower average price at electricity spot market

By Alena Mae S. Flores – November 28, 2021 at 08:10 pm from manilastandard.net The average electricity price at the Wholesale Electricity Spot Market declined this month to P5.20 per kilowatt-hour from P6.51 per kWh in October on higher power […]
October 22, 2021

Malampaya gas production decline seen to continue – DOE

By Myrna M. Velasco – October 21, 2021, 4:12 PM from Manila Bulletin The Department of Energy (DOE) affirmed yesterday that ‘gas production decline’ at the Malampaya field will persist next year and until the project’s end of service contract […]
October 16, 2021

‘Red flag’ raised in Udenna’s capacity to acquire Malampaya

By Myrna M. Velasco – October 15, 2021, 5:03 PM from Manila Bulletin ‘Red flag’ is being raised anew by Senate Committee on Energy Chairman Sherwin T. Gatchalian on the financial capacity of cash-strapped Udenna Corporation to acquire the 45 […]