June 9, 2021

PNOC in talks with PSALM over sale of ‘banked’ gas

BY LENIE LECTURA – JUNE 9, 2021 from Business Mirror State firms Philippine National Oil Co. (PNOC) and Power Sector Assets and Liabilities Management Corp. (PSALM) signed a memorandum of understanding (MOU) for the possible sale of “banked gas” from […]
June 9, 2021

EDC secures nod of SEC for ₧15-billion green bond offer

BY VG CABUAG – JUNE 9, 2021 from Business Mirror The Securities and Exchange Commission (SEC) has approved Energy Development Corp.’s (EDC) public offering of up to P15 billion in fixed-rate Asean green bonds. In its meeting on June 8, […]
June 9, 2021

Scrap IPO requirement to boost investments in energy sector–solon

BY LENIE LECTURA – JUNE 9, 2021 from Business Mirror A lawmaker on Tuesday proposed the lifting of the initial public offering (IPO) requirement for power generation companies (gencos) to encourage more investments in the power sector. “In order to […]
June 9, 2021

DOE seeks Meralco pricing justification on emergency PSA

By Myrna M. Velasco – June 8, 2021, 3:32 PM from Manila Bulletin The Department of Energy (DOE) has notified Manila Electric Company (Meralco) for the utility firm to explain the ‘pricing justification’ of its interim power supply agreement (IPSA) […]