March 19, 2020

Aboitiz group unveils P73-B capex, P41 B for power projects

By Myrna M. Velasco – March 19, 2020, 12:00am from Manila Bulletin The power business segment of the Aboitiz group will continuously corner the bulk of its capital expenditures (capex) this year, with an allotment of P41 billion vis-à-vis the […]
March 17, 2020

Meralco told to postpone MM maintenance work

By Myrna M. Velasco – March 16, 2020, 10:00 PM from Manila Bulletin In line with the ongoing ‘lockdown’ enforced in the country’s main metropolis, the Department of Energy (DOE) has directed Manila Electric Company (Meralco) to defer its maintenance […]
March 17, 2020

Ayala energy firm’s 2019 net earnings soar to ₱25 billion

By Myrna M. Velasco – March 16, 2020 from Manila Bulletin The net earnings of the energy investment arm of the Ayala group had soared to ₱25 billion last year, springing a long way up from ₱4.1 billion in 2018. […]
March 16, 2020

PSALM cuts debts, receivables

By Chino S. Leyco – March 14, 2020, 10:00 PM from Manila Bulletin The Power Sector Assets and Liabilities Management Corp. (PSALM) was able to cut its financial obligations last year and at the same time collected revenues and its […]