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Philippines
Tuesday, May 21, 2024

Energy

Power supply to improve with La Nina, says Gatchalian

Senator Sherwin Gatchalian expressed optimism the country’s power situation will improve with the onset of the rainy season and cooler temperature. “I am optimistic in terms of... the electricity margins. Optimistic that it will improve because it will be cooler. Not because there are power plants coming but because temperatures are cooler,” Gatchalian, vice-chairman of the Senate Committee on Energy, said as the sidelines of the Solar & Storage Live...

ACEN guarantees P1.4-b loan of San Carlos Solar Energy

ACEN Corp. said Monday it acted as guarantor to the P1.4-billion loan...

Shell introduces oil monitoring service

Shell Lubricants Philippines introduced Shell LubeAnalyst, a comprehensive oil condition monitoring service...

NexGen Energy eyes P580-million IPO in July 2024

NexGen Energy Corp., a wholly-owned subsidiary of Tiu family’s Pure Energy Holdings...

LATEST Energy

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NPC to reduce electricity service in remote areas on delayed subsidy

National Power Corp. on Thursday warned that it would reduce electricity service in remote areas not served by the power grid because of the...

DOE, Shell to study solar-powered charging stations for e-vehicles

The Department of Energy said Friday it signed a tripartite memorandum of agreement with Pilipinas Shell Petroleum Corp. and Shell Energy Philippines, Inc. to...

ACEN’s hydro project in Australia wins funding support

ACEN Corp. said Friday subsidiary ACEN Australia's 800-megawatt pumped hydro project would receive feasibility funding from Energy Corp. and WaterNSW. ACEN said in a statement...

Microsoft to axe 10,000 jobs amid US tech downturn

WASHINGTON—Microsoft on Wednesday said it would lay off 10,000 employees in the coming months as the economic downturn continues to punish US tech giants. The...

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