Energy & Mining
MPIC bares foreign interest in Terra Solar
Only two of five foreign entities looking to take a minority position at Terra Solar Philippines Inc. will be allowed to come in, Metro Pacific Investments Corp. (MPIC) chairman Manuel V.l Pangilinan told reporters on Tuesday.
Luzon briefly under yellow alert on Monday
The National Grid Corporation of the Philippines (NGCP) on Monday placed the Luzon grid under yellow alert status anew.
Aboitiz Power posts 4 percent income growth in 1Q
Aboitiz Power Corp. on Monday reported a 4 percent rise in net income to P7.9 billion in the first three months this year compared to only P7.5 billion in the same period last year.
Fuel prices retreat another time this week
The price of fuel at the pumps rolls back again this week.
Elevated Labor Day power demand catches NGCP by surprise
The National Grid Corporation of the Philippines (NGCP) miscalculated the demand for power in the Luzon Grid on Wednesday, a holiday, an event that also forced the Energy Regulatory Commission (ERC) to suspend the operations of the Wholesale Electricity Spot Market (WESM).
