March 6, 2021

Malampaya Prize

As the Department of Energy reviews the technical, legal and financial ramifications of the Chevron-Udenna sale—prior to final approval—business leaders Ramon S. Ang and Manuel V. Pangilinan pitch offers for SPEX’s 45-percent stake in Palawan’s critical gas-to-power project. By LENIE […]
March 3, 2021

Meralco power unit plans investment shift to LNG

By Myrna M. Velasco – March 3, 2021, 6:00 AM from Manila Bulletin Meralco PowerGen Corporation, the power investment arm of Manila Electric Company (Meralco), is seriously weighing options to shift investment plans into setting up liquefied natural gas (LNG) […]
March 2, 2021

Plunge in electricity demand cuts Meralco profits in 2020

By Lorenz S. Marasigan – March 2, 2021 from Business Mirror Power lines run beside a sign for the Manila Electric Co. (Meralco) Makati branch in Manila, the Philippines, on Monday, March 23, 2009. Manila Electric Co. is the largest […]
October 28, 2020

Meralco sets P50-B capex for generation, distribution investments

By Myrna M. Velasco – October 28, 2020, 6:00 AM from Manila Bulletin Power utility giant Manila Electric Company (Meralco) will inject P50 billion worth of capital expenditures (capex) for the expansion of its distribution network as well as power […]