Author Archives: LM Staff

PetroEnergy’s first half profit fell 12% on lower oil prices, financing costs

Yuchengco-led PetroEnergy Resources Corp. reported a consolidated net income of P463.75 million for the first...

Thunder seals deal for CBK power plant

Thunder Consortium, which includes Aboitiz Renewables Inc. (ARI), Sumitomo Corp. and Electric Power Development Co....

AboitizPower reclaims lead in power generation

MANILA, Philippines — Aboitiz Power Corp. is once again the country’s leading power producer after...

Meralco spokesperson enjoins QC personnel to continue fight against fake news

Meralco Vice President and Head of Corporate Communications Joe R. Zaldarriaga has urged personnel of...

ERC speeds up resolution of pending cases

THE Energy Regulatory Commission (ERC) on Thursday vowed to resolve at the soonest time possible...

CREC second-quarter profit jumps to P305.5M, revenue hits P1.26B

LISTED renewable energy company Citicore Renewable Energy Corp. (CREC) said its attributable net income more...

Philippines on track for 3.3-GW offshore wind auction by year-end

MANILA, Philippines—The Department of Energy (DOE) is on track to hold its fifth Green Energy...

Waste-to-energy project to rise in Tarlac—BCDA

The Bases Conversion and Development Authority announced a P4 billion investment for a new waste-to-energy...

Meralco to receive $2.7-M USTDA grant for small modular reactor study

MANILA ELECTRIC CO. (Meralco) said it will secure a $2.7-million (P152.87 million) grant from the...

DOE, Phivolcs partner to enhance energy infrastructure

MANILA – The Department of Energy (DOE) and the Department of Science and Technology-Philippine Institute...