energy

MVP drops out of CBK hydropower race

Tycoon Manuel Pangilinan-led Meralco PowerGen Corp. will no longer join the bidding for Caliraya-Botocan-Kalayaan (CBK)…

Petron earned P6B in H1

Leading local oil firm Petron Corp. recorded a net income of P6 billion in the…

Weak energy, real estate pull down DMCI profit

The weaker performance of its energy and real estate businesses, along with losses from the…

ACEN seeks more lead time to build clean energy facilities

ACEN Corp., the listed energy platform of the Ayala Group, expressed interest in joining the…

Energy giants see no hitches in securing PCC okay for LNG deal

The country’s three energy powerhouses hope to receive within the third quarter a nod from…

SPNEC to pick partner for P200-B solar park in August

SP New Energy Corp. (SPNEC) of billionaire Manuel V. Pangilinan is expected to pick foreign…

Meralco’s nuclear dream pushed back to 2032-2035

While Manila Electric Co. representatives are set to fly to the United States and Canada…

Renewables overproduction turns electricity prices negative

PARIS — With the proliferation of solar panels and wind turbines, an unusual phenomenon is…

PXP Energy finds dismal gas site in Palawan, drops project

Pangilinan-led PXP Energy Corp. has relinquished a contract to harness oil and gas resources in…

DOE: No total ban on developing coal plants in PH

There is no total ban on developing coal-fired power plants in the Philippines, according to…