July 29, 2021
Published by admin at July 29, 2021
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Malampaya shutdown to hike generation charge–Meralco

BY LENIE LECTURA – JULY 28, 2021 from Business Mirror The Manila Electric Co. (Meralco), the country’s largest electricity distribution utility, is anticipating an increase in power generation charge after the Malampaya gas facility shuts down in October. The company, […]
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May 21, 2021
Published by admin at May 21, 2021
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Udenna is buyer of Shell’s 45% stake in Malampaya

By Myrna M. Velasco – May 20, 2021, 5:33 PM from Manila Bulletin Davao businessman Dennis Uy’s Udenna has been chosen as the buyer of the 45-percent stake of Shell Philippines Exploration B.V. (SPEX) in Malampaya, giving him ultimate majority […]
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May 6, 2021
Published by admin at May 6, 2021
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Malampaya license extension still hangs

By Myrna M. Velasco – May 5, 2021, 5:00 PM from Manila Bulletin The Duterte administration is now on its last year stretch, but the government still cannot give a definitive timeframe on when the decision on the propounded license […]
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March 24, 2021
Published by admin at March 24, 2021
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NG support to spare PSALM from default, outlook ‘stable’ – Moody’s

By Myrna M. Velasco – March 24, 2021, 6:30 AM from Manila Bulletin As its loan commitments are generally backed by the national government, Moody’s Investors Service indicated that such sovereign support could spare state-run Power Sector Assets and Liabilities […]
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