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Danessa Rivera
Danessa Rivera
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Major fuel price cut starts today
by Danessa Rivera - May 9, 2017 - 12:00am
Petroleum firms are implementing large price rollbacks today, as global oil prices plunged below $50 per barrel amid oversupply concerns.
NGCP commits to offer shares
by Danessa Rivera - May 8, 2017 - 12:00am
The National Grid Corp. of the Philippines (NGCP) should conduct its initial public offering (IPO) in two years as mandated under a concession agreement with the government.
Semirara spending $190 M to rehabilitate Calaca plants
by Danessa Rivera - May 8, 2017 - 12:00am
Consunji-led Semirara Mining and Power Corp. is spending up to $190 million to rehabilitate its old plants in Calaca, Batangas, which will not only raise the plants’ capacity, but also lessen emissions.
Meralco, Semirara ink 10-year power supply
by Danessa Rivera - May 7, 2017 - 12:00am
Manila Electric Co. (Meralco) has executed a 10-year power supply deal with a unit of Semirara Mining and Power Corp. for its retail electricity business.
DOE delays higher biodiesel blend anew
by Danessa Rivera - May 7, 2017 - 12:00am
The Department of Energy (DOE) has delayed anew the implementation of the higher blended biodiesel as the government continues to look for feedstock sources.
Gains from allied businesses to lower grid charges – NGCP
by Danessa Rivera - May 7, 2017 - 12:00am
The National Grid Corp. of the Philippines (NGCP) said it works within its concession agreement, using any earnings from related businesses to lower transmission charges.
Forex losses drag down AboitizPower income
by Danessa Rivera - May 5, 2017 - 12:00am
Aboitiz Power Corp. registered a 13-percent drop in first quarter income to P4.4 billion due to foreign exchange (forex) losses.
DOE chief orders TransCo to use fiber optic assets
by Danessa Rivera - May 5, 2017 - 12:00am
Energy Secretary Alfonso Cusi has ordered the National Transmission Corp. (TransCo) to make use of the fiber optic assets of the transmission grid to lower electricity rates as well speed up internet access in the...
Pryce profit surges 54% on LPG sales
by Danessa Rivera - May 5, 2017 - 12:00am
Improved liquefied petroleum gas (LPG) sales continued to fuel Pryce Corp. profit to rise 53.6 percent in the first quarter of 2017.
Diesel tax, fuel levy hike to take effect in 2018
by Danessa Rivera - May 5, 2017 - 12:00am
If passed by Congress, the tax on diesel and higher taxes on other oil products that members of the House committee on ways and means approved on Wednesday will take effect next year, Albay Rep. Joey Salceda said...
Duterte: Salazar, ERC execs on way out
by Danessa Rivera - May 5, 2017 - 12:00am
Suspended Energy Regulatory Commission (ERC) chairman Jose Vicente Salazar and all the other commissioners of the ERC are on their way out, President Duterte declared yesterday during a doctors’ conference...
GBPC signs up 2 customers under retail power business
by Danessa Rivera - May 4, 2017 - 12:00am
Global Business Power Corp. (GBPC) has added two customers to its retail electricity business as the country’s electricity market shifts to the retail competition and open access (RCOA) scheme.
Semirara allots P5 B to raise coal output
by Danessa Rivera - May 3, 2017 - 12:00am
Consunji-led Semirara Mining and Power Corp. is investing P5 billion in two years to raise coal output to 16 million metric tons (MT) in its coal mines in Antique, top company officials said yesterday.
Pure Energy starts construction of Quezon mini-hydro facilities
by Danessa Rivera - May 2, 2017 - 12:00am
Pure Energy Holdings Corp. and its partners have started the construction of two mini-hydropower plants that will augment clean power supply by three megawatts (MW) in Real, Quezon.
Oil prices rolled back today
by Danessa Rivera - May 2, 2017 - 12:00am
Oil prices were reduced this week as international prices registered declines in the past trading period on continued worries over a global supply glut.
PNOC seeks partners for Bataan property
by Danessa Rivera - May 1, 2017 - 12:00am
State-run Philippine National Oil Co. (PNOC) is seeking partners to develop a 220-hectare energy city in its property in Limay, Bataan, its top official said.
Phl should pursue better clean coal technology
by Danessa Rivera - May 1, 2017 - 12:00am
The Philippines should pursue better clean coal technology (CCT) in putting up coal-fired power plants to support its growing economy and at the same time, lowers its carbon emissions.
PNOC lays out reorganization plan
by Danessa Rivera - April 30, 2017 - 12:00am
State-run Philippine National Oil Co. (PNOC) is seeking clearance from the Governance Commission For GOCC (GCG) to pursue its reorganization and transform from a holding company to an operating firm.
NGCP pushes Vis-Min interconnection
by Danessa Rivera - April 30, 2017 - 12:00am
The National Grid Corp. of the Philippines (NGCP) is seeking industry and public support as it has filed an application for the implementation of the Visayas-Mindanao Interconnection Project (VMIP) in support of...
DOE dangles power projects to ASEAN funders
by Danessa Rivera - April 29, 2017 - 12:00am
The Department of Energy (DOE) is inviting Association of Southeast Asian Nations (ASEAN) investors in the Philippine power sector as the administration’s massive infrastructure program would require a huge...
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