The Department of Energy (DOE) said Tuesday it is closely monitoring two active drilling sites in Palawan’s Malampaya natural gas field. Initial results from the wells are expected by the end of the quarter.
ACEN Corp. will spend more than ₱80 billion in capital expenditures (capex) in 2026 as it aims to grow its total power generation capacity to over 8,000 megawatts (MW), covering both operational and under-construction projects by year-end.
