September 16, 2022

PetroEnergy sells 25% equity in RE unit to Japanese firm

By Myrna M. Velasco – September 15, 2022, 2:19 PM from Manila Bulletin The renewable energy investment arm of Yuchengco-led PetroEnergy Resources Corporation (PERC) sold 25 percent of its shareholdings to Japanese firm Kyuden International Corporation (KIC), a wholly owned […]
September 15, 2022

No sanctions committed yet by DOE, ERC

By Myrna M. Velasco – September 14, 2022, 3:14 PM from Manila Bulletin The Department of Energy (DOE) and Energy Regulatory Commission (ERC) are taking steps to investigate and verify the technical glitches in power plants and transmission line tripping […]
September 14, 2022

DBM to bankroll P2.2-B energy programs

By Chino S. Leyco – September 13, 2022, 3:31 PM from Manila Bulletin The Department of Budget and Management (DBM) on Tuesday, Sept. 12, said it will help bankroll various programs of the Department of Energy (DOE) next year. In […]
September 13, 2022

Luzon grid on ‘red alert’; brownouts feared

By Myrna M. Velasco – September 12, 2022, 9:26 AM from Manila Bulletin Following a “brownout weekend” that affected millions of consumers, Luzon grid tumbled into new round of “red alert” on Monday, Sept. 12, that extended until 8 pm […]