December 2, 2021

Basic Energy bullish on entry of new shareholder

By Alena Mae S. Flores December 01, 2021 at 05:22 pm from manilastandard.net Basic Energy Corp. expressed optimism about its business prospects with the entry of MAP 2000 Development Corp. as its new major shareholder. The company said Wednesday the […]
December 1, 2021

PSALM studies Casecnan valuation

By Alena Mae S. Flores – November 28, 2021 at 08:05 pm from manilastandard.net State-run Power Sector Assets and Liabilities Management Corp. said it is studying the valuation of the Casecnan hydro power plant, a 165-megawatt combined irrigation and power […]
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 […]
November 13, 2021

INEC plans to build more power projects

By Alena Mae S. Flores – November 11, 2021 at 07:00 pm from manilastandard.net Isla Norte Energy Corp., an incorporated joint venture of Vivant Integrated Diesel Corp. and Gigawatt Power Inc., plans to develop more projects next year after completing […]