August 8, 2018

Meralco announces slight power rate hike

By Alena Mae S. Flores – August 07, 2018 from manilastandard.net Electricity rates posted a slight increase in August on higher fuel prices, retailer Manila Electric Co. said Tuesday. Meralco said the average power rate increased P0.0265 per kilowatt-hour to […]
August 7, 2018

PNOC may schedule a rebid of ‘banked gas’

By Myrna M. Velasco – August 6, 2018, 10:00 PM from Manila Bulletin State-run Philippine National Oil Company (PNOC) is opting to rebid its “banked gas” following the last round of auction that just cornered a solo tender. PNOC logo […]
August 4, 2018

PEMC, IEMOP fleshing out details of WESM operating agreement

By Myrna M. Velasco – August 3, 2018, 10:00 PM from Manila Bulletin With the government finally relinquishing chairmanship to the private sector, governing body Philippine Electricity Market Corporation (PEMC) and Independent Electricity Market Operator of the Philippines (IEMOP) are […]
July 27, 2018

SMC sets US$3.5-B counter-billing versus PSALM on Ilijan plant

By Myrna M. Velasco – July 26, 2018, 10:00 PM from Manila Bulletin The energy subsidiary of San Miguel Corporation (SMC) is willing to pay the P22.396-billion booked receivables of Power Sector Assets and Liabilities Management Corporation (PSALM) for the […]