March 3, 2021

NEA to ask Budget dep’t for P16.76 billion until 2026 to fund remaining sitio electrification

By Angelica Y. Yang – March 2, 2021 | 7:55 pm from Business World PHILSTAR THE National Electrification Administration (NEA) said Monday that it will be seeking P16.76 billion worth of additional funding from the Department of Budget and Management […]
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 […]
March 2, 2021

First Pacific, partners submit offer to Shell for Malampaya stake

By Lorenz S. Marasigan – March 2, 2021 from Business Mirror A platform at the Malampaya gas field is seen in this BusinessMirror file photo. First Pacific Co. Ltd., the parent company of infrastructure conglomerate Metro Pacific Investments Corp., and […]
March 2, 2021

Aboitiz-owned geothermal plants supplying power to Wells Fargo

By Myrna M. Velasco – March 2, 2021, 7:00 AM from Manila Bulletin The Tiwi and Makiling-Bahanaw geothermal plants have started supplying the electricity requirements of American financial services company Wells Fargo through the retail electricity supplier (RES) agreement that […]