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 20, 2021

AC Energy buys out partner in Australia for US$243 M

By Myrna M. Velasco – October 19, 2021, 4:12 PM from Manila Bulletin Ayala-led AC Energy Corporation (ACEN) is acquiring for US$243.3 million the equity stake of its partner UPC Renewables Asia Pacific Holdings in their Australian corporate vehicle for […]
October 20, 2021

Synergy Grid lowers FOO size P19.57 billion

By James A. Loyola – October 19, 2021, 3:06 PM from Manila Bulletin Synergy Grid & Development Philippines, Inc. has lowered its follow-on offering size by 32 percent to a maximum of P19.57 billion from the earlier ceiling of P28.86 […]
October 18, 2021

Solar farms to ‘eat’ PH food lands

By Myrna M. Velasco – October 16, 2021, 11:12 AM from Manila Bulletin The country’s grand ambition for massive solar power installations could result in weaker food sustainability, because energy developments could snatch lands that could have otherwise been allocated […]