Energy
PetroEnergy tightens grip on Petrowind
PetroEnergy Resources Corp. (PERC) is moving to consolidate its stake in renewable energy after signing a Share Purchase Agreement to acquire BCPG Wind Cooperatief U.A.’s entire 40 percent equity interest in PetroWind Energy Inc. (PWEI).
OPMC eyes bigger, longer Linapacan play
Oriental Petroleum and Minerals Corp. is gearing up for the next chapter of the West Linapacan project as its joint venture moves to secure a new petroleum service contract ahead of the current concession’s expiration.
Meralco, EVAP charge up Philippines’ electric shift
The Manila Electric Co., the country’s largest power distribution better known as Meralco, and the Electric Vehicle Association of the Philippines (EVAP) are ramping up efforts to accelerate electric vehicle adoption, reaffirming a partnership seen as critical to building a sustainable transport future.
Aboitiz-led consortium secures P35B loan for CBK hydro acquisition
The Thunder Consortium has secured P35 billion in bridge loan facilities from BDO Unibank Inc. and Metropolitan Bank & Trust Co. to help finance its acquisition of the Caliraya-Botocan-Kalayaan (CBK) hydroelectric power plant complex.
Consumers to see lower transmission charges in December – NGCP
The National Grid Corporation of the Philippines (NGCP) said electricity consumers will pay lower transmission charges in their December 2025 power bills, following a drop in ancillary services (AS) rates.
