Friday, January 23, 2026
Today's Print

Tag: Energy

Kaltimex, Tawelco sign debt restructuring deal to boost Tawi-Tawi supply

Kaltimex Rural Energy Corp. and the Tawi-Tawi Electric Cooperative Inc. have signed a debt restructuring agreement to address about P400 million in arrears to...

ERC approves P13-b NGCP substation project

The Energy Regulatory Commission has approved the National Grid Corp. of the Philippines’ proposed Milaor 500kV substation project, estimated to cost P13 billion. “After due...

Alsons Consolidated Resources credit rating raised to PRS Aa

Alsons Consolidated Resources Inc. (ACR), a Mindanao-based firm owned by the Alcantara Group, said it received a higher issuer credit rating of PRS Aa...

Visayas grid placed under yellow alert due to thin reserves

The National Grid Corp. of the Philippines (NGCP) on Thursday declared a yellow alert status for the Visayas grid from 5 p.m. to 6...

CBCP leaders nix nuclear plant in Pangasinan

SIX officials of the Catholic Bishops’ Conference of the Philippines (CBCP) have voiced strong opposition to a proposed nuclear power plant in Western Pangasinan,...

PEZA, Meralco team up to boost power reliability in economic zones

The Philippine Economic Zone Authority (PEZA) and Meralco have signed a strategic partnership to strengthen power reliability across the ecozones. The memorandum of understanding (MOU)...

Anti-monopoly regulator clears Prime Infra-First Gen energy deal

The Philippine Competition Commission (PCC) has approved the proposed joint ventures between Prime Infrastructure Capital Inc. and First Gen Corp. after concluding a Phase...

Cebu’s Top Line Business to raise fresh capital

Cebu-based fuel retailer Top Line Business Development Corp. (TOP) plans to raise fresh capital next year to fund direct fuel importation, expand its depot...

DOE to cancel non-performing contracts of power developers

The Department of Energy (DOE) said Monday it is committed to weeding out non-performing service contracts and ensuring power plants are built on time...

MGen, Saudi power firm plan 125-MW solar project in Visayas

Meralco PowerGen Corp. (MGen) and Saudi-based ACWA Power are planning to develop a 125-megawatt solar power project in the Visayas region that will participate...

Agusan del Norte’s energy plan lauded

The Department of Energy (DOE) is moving to standardize local government unit (LGU) permitting for energy projects as part of a national effort to...

AbaCore’s income jumped 106% in nine months

AbaCore Capital Holdings Inc. said its consolidated net income soared 106 percent to P82.669 million in the first nine months of 2025, or P0.0202...

First Gen’s nine-month income climbed 4% on higher LNG, hydro contributions

First Gen Corp. on Tuesday reported a 4-percent increase in net income attributable to the equity holders of the parent company to $215.4 million...

Fuel prices to jump by as much as P2.70/liter

The oil firms will implement a big time oil price hike of as much as P2.70 per liter effective 6am today to reflect the...
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