August 24, 2024

DOE proposes perks to boost oil exploration

By Alena Mae S. Flores – August 23, 2024, 8:35 pm from manilastandard.net The Department of Energy (DOE) will propose incentives for upstream activities to spur investor interest in oil and gas exploration in the Philippines. “We need to revitalize […]
August 23, 2024

Gov’t set to award new petroleum, hydrogen service contracts

By Alena Mae S. Flores – August 22, 2024, 8:50 pm from manilastandard.net The Department of Energy (DOE) said it expects strong investor interest in the bidding for petroleum and hydrogen service contracts in Palawan, Visayas, Luzon and the Bangsamoro […]
August 23, 2024

MGreen signs deal to take 50% stake in Bugallon solar project

By Alena Mae S. Flores – August 22, 2024, 8:15 pm from manilastandard.net MGen Renewable Energy Inc. (MGreen), the renewable energy arm of Meralco PowerGen Corp. (MGen), signed an investment agreement with Vena Energy (Vena) to jointly develop, construct and […]
August 21, 2024

Citicore eyes fresh BDO financing

By Alena Mae S. Flores – August 20, 2024, 7:25 pm from manilastandard.net Citicore Renewable Energy Corp. (CREC), an affiliate company of Megawide Construction Corp., plans to tap BDO Unibank Inc. (BDO) for additional funding requirements as it embarks on […]