Energy & Mining
Higher power generation charge lifts May electricity rate
Manila Electric Co. said Thursday power rates in May increased on account of higher generation charge, with the typical household to pay around P35...
REDC secures PSE approval for IPO
Repower Energy Development Corporation (“REDC”), a subsidiary of Pure Energy Holdings Corporation, on Thursday said the Philippine Stock Exchange and the Securities and Exchange...
DOE awards 600 MW worth of solar power contracts
The Department of Energy (DOE) has extended a contract allowing SunAsia Energy Inc. and its partner, Blueleaf Energy to start the construction of six...
Pilipinas Shells projects income consistent with 2023 GDP outcome
Shell Pilipinas Corp. looks to generate 6 percent more income this year than last year on the back of higher spending for fuel as...
First Gen reports 52 percent 1Q income surge
First Gen Corp. booked a 51 percent surge in net income in the first quarter this year reaching $89 million (P4.9 billion) from only...
