July 3, 2021

Transparency urged on Shell’s Malampaya stake sale to Udenna

By Myrna M. Velasco – July 2, 2021, 1:03 PM from Manila Bulletin The Department of Energy (DOE) is being urged to exercise ‘utmost transparency’ on its anticipated approval of the 45-percent Malampaya equity divestment of Shell Philippines Exploration B.V. […]
July 3, 2021

Meralco rates anticipated to go up this month

By Myrna M. Velasco – July 2, 2021, 12:39 PM from Manila Bulletin The ‘curse’ of strained electricity supply mainly precipitated by simultaneous plant outages will continue to haunt electricity consumers — as the overall rate of Manila Electric Company […]
July 2, 2021

ERC probe to zero in on ‘profit-takers’ during WESM price spikes

By Myrna M. Velasco – July 1, 2021, 4:02 PM from Manila Bulletin The Energy Regulatory Commission (ERC) has stipulated that it will zero in investigations on generation companies (GenCos) that may have raked in “financial gains” from the series […]
July 1, 2021

ERC shortens threshold on enforcement of WESM mitigating price caps

By Myrna M. Velasco – June 30, 2021, 4:50 PM from Manila Bulletin The Energy Regulatory Commission (ERC) has shortened to three days or 72 hours – from originally five days or 120 hours –the time threshold on when the […]