Sunday, January 25, 2026
Today's Print

Tag: Energy

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...

Energy investments remain strong, says DOE

SINGAPORE — The Department of Energy (DOE) assured that foreign investor interest in the energy sector remains strong and unaffected by ongoing issues regarding...

ADB studies $1-billion loan to strengthen Philippine power grid

SINGAPORE—The Asian Development Bank (ADB) is exploring extending financing of up to $1 billion to help strengthen the Philippines' power grid, a senior director...

Meralco’s nine-month core profit rises 14% to P39.4 billion

Manila Electric Co. (Meralco) reported a 14-percent increase in consolidated core net income in the first nine months of 2025 to P39.4 billion from...

PCC clears P50-billion sale of First Gen gas units to Prime Infra

First Gen Corp. said Friday it received an approval from the Philippine Competition Commission (PCC) for the sale of a 60-percent equity stake in...

Meralco plans to build twin control center

Power retailer Manila Electric Co. is set to construct a “twin” system control center that will allow the country’s biggest utility to respond to...

NEA’s loans to electric cooperatives hit P1.98 billion in third quarter

The National Electrification Administration (NEA) said at least 32 electric cooperatives (ECs) across Luzon, Visayas and Mindanao accessed a combined P1.98 billion in loans...

NGCP reports 1.23% decline in October power transmission rates

The National Grid Corporation of the Philippines (NGCP) on Wednesday announced a slight reduction in overall transmission rates for end-consumers in October 2025, following...

Oil firms announce mixed price changes

Oil companies will raise gasoline prices by P0.30 per liter and roll back kerosene prices by P0.20 per liter starting 6 a.m. Tuesday to...

Garin, Aguda hurdle CA confirmation

THE Commission on Appointments (CA) on Wednesday confirmed the ad interim appointments of Department of Energy (DOE) Secretary Sharon Garin and Department of Information...

131 power firms yet to comply with required listing under EPIRA

Nearly 131 power generating companies (gencos) with a combined capacity of 13,595 megawatts (MW) have yet to comply with the listing requirement of the...

Meralco unit to acquire 2,200 hectares for Terra Solar 2 project

Meralco PowerGen Corp. (MGEN), the power generation arm of Manila Electric Co (Meralco), is preparing to acquire land for the planned second phase of...

PH power supply sufficient despite ‘Opong,’ says DOE

The Department of Energy (DOE) on Friday reported that the country’s overall power supply remains sufficient, with the Luzon, Visayas and Mindanao grids continuing...
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