PXP Energy Corp. reported a higher core net loss of P21.1 million in the first six months of 2025, compared with P9.5 million in the same period las year on softer crude prices and lower volumes from Galoc operations as well as higher petroleum production costs.
THE Supreme Court (SC) has ruled that the income taxes of private contractors in the Malampaya natural gas project are included in the government’s 60% share of the project’s net proceeds, effectively reversing a Commission on Audit (CoA) finding that flagged over P53 billion in alleged underpaid taxes.
The Department of Energy (DOE) is endorsing 17 power projects to the National Grid Corporation of the Philippines (NGCP) for the conduct of system impact study (SIS).
Manila Electric Company (Meralco) teamed up with Vietnamese firms V-Green Global Charging Station Development Corp. and Green and Smart Mobility Joint Stock Company (Green GSM) to develop low-carbon mobility solutions, including electric vehicle (EV) infrastructure systems, across Metro Manila and other major cities.
Industry power stakeholders said on Tuesday they are committed to increase capacity to hit the country’s total electrification target by 2028.
Rizal Green Energy Corp. (RGEC) is set to start commercial operations of its 19.6-megawatt (MW) San Jose Solar Power Plant (SJSPP) in Nueva Ecija on Aug. 1, 2025.
YUCHENGCO-LED San Jose Green Energy Corp. (SJGEC) is set to commence the commercial operations of its 19.6-megawatt (MW) San Jose Solar Power Project (SJSPP) in Nueva Ecija next month.
MANILA ELECTRIC CO. (Meralco) is weighing its next steps after San Miguel Global Power Holdings Corp. (SMGP) acquired shares in the company as a result of a long-delayed deal.
TWO new commissioners of the Energy Regulatory Commission (ERC) officially assumed their posts on Monday, the agency said.
Philippine agencies commit to President Marcos Jr.’s goal of building 200 power plants in three years to electrify 4 million households. Focus on renewable energy and addressing power issues in remote areas like Siquijor.