September 27, 2021

70:30 Malampaya royalty sharing dangled

By Myrna M. Velasco – September 26, 2021, 10:00 PM from Manila Bulletin A more generous 70:30 royalty sharing in favor of the government is coming forth as the tenor in negotiations on the proposed license extension for the Malampaya […]
September 27, 2021

NEA gets P1.8-B electrification budget

By Myrna M. Velasco – September 26, 2021, 7:30 PM from Manila Bulletin Government-run National Electrification Administration (NEA) got an allocation of P1.8 billion budget only for its electrification mandate, enormously falling short of the P18 billion funding needed to […]
September 24, 2021

ERC names 8 GenCos for penalties

By Myrna M. Velasco – September 23, 2021, 1:49 PM from Manila Bulletin At least eight power generation companies (GenCos) have been formally tagged by the Energy Regulatory Commission (ERC) for penalties for breaching allowable forced outages in their electric […]
September 23, 2021

NEA releases P455-M loans to electric coops

By Myrna M. Velasco – September 22, 2021, 3:01 PM from Manila Bulletin With typhoons aiming their blows on the country again, the National Electrification Administration (NEA) announced that it has been accelerating the release of loans to the country’s […]