May 8, 2021

Meralco rate to increase in May billing

By Myrna M. Velasco – May 7, 2021, 3:01 PM from Manila Bulletin The customers of Manila Electric Company (Meralco) will need to earmark slightly higher budget for their electric bills this month, as the utility firm’s overall tariff had […]
May 7, 2021

Norwegian firms bat for easing of foreign ownership restriction in RE investments

By Myrna M. Velasco – May 7, 2021, 7:00 AM from Manila Bulletin Norwegian companies that are interested to inject fresh capital into the country’s renewable energy (RE) sector have been batting for the easing of legal restraints on foreign […]
May 6, 2021

Malampaya license extension still hangs

By Myrna M. Velasco – May 5, 2021, 5:00 PM from Manila Bulletin The Duterte administration is now on its last year stretch, but the government still cannot give a definitive timeframe on when the decision on the propounded license […]
May 6, 2021

AC Energy scales down FOO proceeds target to P13.07 B

By Myrna M. Velasco – May 6, 2021, 6:30 AM from Manila Bulletin Ayala-led firm AC Energy Corporation has lowered the scale of proceeds it can fetch from its follow-on offering (FOO) to P13.07 billion from a higher end target […]