Author Archives: LM Staff

PXP net loss widens to ₱80.4M

Pangilinan-led PXP Energy Corp. (PXP) is focused on managing liquidity, allocating capital wisely, and monitoring...

Oil prices go up but bigger hikes likely next week

OIL PRICES are set to further rise next week amid supply disruptions due to the...

DoE narrows down potential sites for nuclear energy projects

THE DEPARTMENT of Energy (DoE) has identified four potential sites in Luzon and Visayas that...

Meralco awaits ERC decision on P8-B cost recovery

POWER DISTRIBUTOR Manila Electric Co. (Meralco) said it is awaiting a decision from the Energy...

Filinvest City towers shift to geothermal via First Gen

Renewable energy provider First Gen Corp. has been tapped to power two high-end properties in...

Nickel Asia spending P11.7b for 2026, pivoting heavily to renewables

Nickel Asia Corp. (NAC) plans to spend P11.72 billion for 2026 capital expenditures, prioritizing renewable...

SMC Global Power plans 135-MW Quezon solar project

SMC Global Light and Power Corp. (SGLPC) is proposing to develop a 135-megawatt peak solar...

Storage made mandatory for new RE facilities with 10-MW capacity

THE Department of Energy (DoE) said it will require developers with proposed renewable energy (RE)...

ERC clears Meralco-ACEN unit deal for 21 MW of RE supply

THE ENERGY REGULATORY COMMISSION (ERC) has given Manila Electric Co. (Meralco) the go‑ahead to start...

Davao Light takes over power assets of Samal Island

The sheriff of the Regional Trial Court-Panabo Branch 4 has taken possession of distribution assets...