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Danessa Rivera
Danessa Rivera
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Power regulators urged to hasten approvals to keep rates affordable
by Danessa Rivera - May 25, 2018 - 12:00am
Power regulators are urged to streamline procedures and fasttrack approvals to maintain affordable power rates.
Oil contractors worry over losing perks under TRAIN 2
by Danessa Rivera - May 25, 2018 - 12:00am
The Petroleum Association of the Philippines is raising concerns over the second package of the Comprehensive Tax Reform Program which seeks to rationalize fiscal incentives as this could further stall the development...
AC Energy invests in Australia renewables firm
by Danessa Rivera - May 24, 2018 - 12:00am
AC Energy Inc., the power business of Ayala Corp., is expanding it overseas reach to Australia with an investment in a renewable energy platform to meet its 5,000 megawatt capacity target by 2025.
Higher fares loom as LTFRB studies petitions
by Danessa Rivera - May 24, 2018 - 12:00am
With skyrocketing fuel prices, the Land Transportation Franchising and Regulatory Board is now open to granting the fare hike petitions of transport groups.
AboitizPower seeks greenfield projects in Indonesia, Myanmar
by Danessa Rivera - May 23, 2018 - 12:00am
Aboitiz Power Corp. continues to scout for greenfield projects in Indonesia and Myanmar, while still on the lookout for potential acquisition in the Philippines, top officials said.
Aboitiz to sell Batangas biomass power plant
by Danessa Rivera - May 23, 2018 - 12:00am
Aboitiz Power Corp. is selling its 8.8-megawatt biomass power plant in Lian, Batangas after it decided to stop operating the facility earlier this year.
NGCP gets right-of-way clearance for transmission lines
by Danessa Rivera - May 23, 2018 - 12:00am
The National Grid Corp. of the Philippines has been cleared of right-of-way concerns to upgrade its existing transmission line traversing Metro Manila load center, especially when peak demand has reached another...
China firm keen on putting up 1,500-MW coal power plants
by Danessa Rivera - May 22, 2018 - 12:00am
A Chinese company is putting up several coal merchant power plants in the country with combined capacity of around 1,500 megawatts as part of a deal with China’s state-run National Energy Administration, Energy...
Oil prices higher by more than P1
by Danessa Rivera - May 22, 2018 - 12:00am
Oil companies are implementing today over P1 per liter increases of on fuel products after global crude prices spiked above $80 per barrel and the peso weakened further against the dollar last week.
Citicore acquires 5 solar power plants
by Danessa Rivera - May 21, 2018 - 12:00am
Renewable energy developer Citicore Power Inc. (CPI) has acquired five solar power plants totalling nearly 60 megawatts (MW) to boost its portfolio capacity and meet its 1,000 MW target.
AC Energy seeks investors for $2-B thermal platform
by Danessa Rivera - May 21, 2018 - 12:00am
AC Energy Inc., the power business of Ayala Corp., is seeking investors for its $2-billion thermal platform as the company gears up for local and regional expansion.
Duterte leads opening of new oil field in Cebu
by Danessa Rivera - May 21, 2018 - 12:00am
President Duterte led on Saturday the ceremonial start of the oil and gas production at the new oil field here, touted to be the first onshore oil discovery and production to date which will add to the country’s...
ERC OK of FIT-All to raise power cost
by Danessa Rivera - May 21, 2018 - 12:00am
Consumers will have to pay more for electricity after the Energy Regulatory Commission (ERC) approved a higher Feed-in Tariff Allowance (FIT-All) rate, which cover payments to renewable energy developers.
Phoenix Petroleum explores new businesses
by Danessa Rivera - May 20, 2018 - 12:00am
Phoenix Petroleum Philippines Inc. is exploring a handful of new businesses to create synergies with its existing product offerings, its top official said.
Petron allots P15 billion for capex this year
by Danessa Rivera - May 18, 2018 - 12:00am
Petron Corp. is investing P15 billion this year for network expansion and improvement of its refinery operations here and abroad, company officials said.
Phinma Petroleum pulls out from SC 51
by Danessa Rivera - May 18, 2018 - 12:00am
Phinma Petroleum and Geothermal Inc. has decided to give up its interest in an oil drilling and exploration project in northern Leyte.
Legal framework for nuclear power needed – Sen. Gatchalian
by Danessa Rivera - May 18, 2018 - 12:00am
The Philippines needs to finalize the legal framework for the development of nuclear technology as a national power source, Sen. Sherwin Gatchalian said.
SMC mulls LNG investments
by Danessa Rivera - May 17, 2018 - 12:00am
The San Miguel Group is considering investments in the liquefied natural gas sector to expand the capacity of the 1,200-megawatt Ilijan power plant, according to its top official.
Alsons income grows 26% to P103 million in Q1
by Danessa Rivera - May 16, 2018 - 12:00am
Alsons Consolidated Resources Inc. (ACR), the listed holding firm of the Alcantara Group, improved its net earnings by 26.5 percent to P103 million due to lower expenses and finance charges.
Meralco secures additional 50 MW power supply
by Danessa Rivera - May 15, 2018 - 12:00am
Manila Electric Co. has secured additional power supply of around 50 megawatts to cover the expected spike in power demand in its franchise area during the hot season, its top official said.
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