April 20, 2022

ACEN sells power barge for P39.2M

BY LENIE LECTURA – APRIL 19, 2022 from Business Mirror AC Energy Corp. (ACEN) has sold its power barge for P39.2 million to SPC Power Corp. ACEN and SPC executed on April 19 the deed of absolute sale for the […]
March 7, 2022

PNOC to tap private sector for energy projects–exec

BY LENIE LECTURA – MARCH 7, 2022 from Business Mirror The newly-elected president of the Philippine National Oil Co. (PNOC) vowed to tap the private sector and other public entities as its corporate development partners in pursuing various projects in […]
February 8, 2022

PSALM sells assets in Puerto Azul

BY LENIE LECTURA – FEBRUARY 7, 2022 from Business Mirror The Power Sector Assets and Liabilities Management Corp. (PSALM) has successfully bid out its Puerto Azul assets for P6.57 million. The state firm said the asset was sold via Offer […]
February 5, 2022

10 GenCos penalized by ERC for ‘excessive’ outages

By Myrna M. Velasco – February 4, 2022, 5:17 PM from Manila Bulletin At least 10 generation companies (GenCos) that were tagged as culprits in last year’s summer brownouts had been penalized by the Energy Regulatory Commission (ERC) for breaching […]