Friday, May 1, 2026
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Tag: Philippine energy news

PXP Energy’s first-quarter loss widened to P15.6 million

PXP Energy Corp. reported a consolidated net loss of P15.6 million in the first quarter of 2026, wider than the P9.4-million loss it booked...

DOE to launch auction of coal blocks including Semirara site on Friday

The Department of Energy (DOE) will launch a competitive bidding round on Friday for 18 coal blocks across the country, including the premier coal-producing...

Meralco files for distribution rate hike to fund P272-billion expansion

Manila Electric Co (Meralco) has applied for an average distribution tariff of P2.34 per kilowatt-hour with the Energy Regulatory Commission to fund a P272-billion...

New gas field at Malampaya East to boost Philippine energy independence

Businessman Enrique Razon Jr.’s Prime Energy Resources Development B.V., operator of Service Contract No. 38, hailed the discovery of a new natural gas field...

A Brown suspends 900-megawatt Batangas LNG project

A Brown Company Inc. has suspended the pre-development activities of its subsidiary Vires Energy Corp.’s 900-megawatt liquefied natural gas project in Batangas due to...
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