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PXP Energy stake gains from higher Halcon resources

PXP Energy Corp.’s 12.5 percent stake in Service Contract 80 (SC 80) gained a potentially more favorable resource outlook after operator Tetragon Energy Ltd. reported an increase in estimated prospective resources at the Halcon exploration prospect in the Southwest Sulu Sea.

MTerra Solar starts commercial operations for 600 MW 

MTerra Solar has begun commercial operations for 600 MWac of mid-merit capacity under its power supply agreement with Manila Electric Co. (Meralco), moving one of the Philippines’ biggest renewable energy projects from construction into revenue-generating service.

Primelectric explores power distribution in PEZA ecozones

Primelectric Holdings, Inc. (PHI) is exploring opportunities to develop and operate electricity distribution systems in economic zones nationwide, potentially expanding its utility footprint as the Philippine Economic Zone Authority (PEZA) seeks more reliable power infrastructure to attract investments.

BCDA validates families for Clark manufacturing park

The Bases Conversion and Development Authority (BCDA) has started validating families and residents who could be affected by the proposed Clark Advanced Manufacturing Park (CAMP) in New Clark City, laying the groundwork for safeguards and assistance as the industrial project moves forward.

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