Energy
Davao Light sets aside P1B for Nordeco asset acquisition amid franchise expansion
Davao Light and Power Co., a subsidiary of the Aboitiz Group, is preparing at least P1 billion to acquire the assets of Northern Davao Electric Cooperative Inc. (Nordeco) as part of its planned operational takeover.
PXP secures 3 new petroleum exploration deals
PXP Energy Corp. has secured participation in three of the eight newly signed Petroleum Service Contracts (SCs) under the Marcos administration, bolstering its position in the country’s upstream oil and gas exploration sector.
DOE unveils new petroleum exploration projects
The Department of Energy (DOE) has launched eight new petroleum service contracts (PSCs) in a renewed push to strengthen the Philippines’ energy independence and reduce reliance on imported fuel.
Mets cold storage shifts to RE with First Gen
Mets Cold Storage Services, Inc. has signed a supply agreement with First Gen Corp. to shift its cold storage facility in Cagayan de Oro to renewable energy, marking a major move toward sustainable operations.
Prime Energy backs continued development of indigenous natgas
Prime Energy Resources Development B.V. has reaffirmed its commitment to advancing the country's energy independence through the continued development of indigenous natural gas resources, particularly from the Malampaya gas field.
