Energy
Oil explorer optimistic of prospects in Phl
Malaysia’s Matahio Energy is keen on expanding its operations in Southeast Asia after it acquired a 78.8 percent interest in the Galoc oil field and a floating production storage and offloading (FPSO) unit, both located in Palawan.
Manila commits to persist on renewable energy path at Tokyo meet
In seeking out the country’s neighbors at the Asia Zero Emission Community (AZEC) meeting in Tokyo, the Philippines reiterated its commitment to transition to renewable energy sources and persist on this path over time.
AboitizPower plans P190B clean energy portfolio expansion
Aboitiz Power Corp. plans to spend P190 billion to push its renewable energy capacity to 4,600 megawatts, or half of its total generation portfolio by 2030.
Generation charge deferment helps soften Meralco billings months ahead
The deferment of collection of generation charges worth P1.1 billion helps soften the cost of adjustment in electricity rates on consumers in the March and April billing period, the Energy Regulatory Commission (ERC) said on Wednesday.
NPC crafts MOU encouraging SPUGs to use renewable energy fuels
APTI Renewable Energy Corp. (APTI REC) on Monday agreed to help the National Power Corp. (NPC) develop sustainable renewable energy by using biofuel and biomass hybrid power in areas under the small power utilities group or SPUG.
