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Danessa Rivera
Danessa Rivera
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Oil price hike seen this week
by Danessa Rivera - May 19, 2019 - 12:00am
Oil prices are seen to increase this week as tensions in the Middle East pushed up global crude prices.
More Power, Kepco ink supply deal
by Danessa Rivera - May 18, 2019 - 12:00am
Razon-led MORE Electric and Power Corp. has signed a power supply deal with KEPCO SPC Power Corp. (KSPC) to supply Iloilo City with up to 10 megawatts (MW) of capacity.
Gatchalian proposes creation of independent energy watchdog
by Danessa Rivera - May 18, 2019 - 12:00am
A law is being proposed to institutionalize an independent energy watchdog that will focus on consumer protection.
Total opens 10 new stations
by Danessa Rivera - May 17, 2019 - 12:00am
The Philippine unit of French oil and gas giant Total S.A. is continuing to strengthen its retail business and presence in the country with new stations opened in Luzon and Visayas.
Luzon power supply tight until August — NGCP
by Danessa Rivera - May 17, 2019 - 12:00am
Residents of Luzon will continue to experience tight power supply in the next three months.
Phinma Energysets tender offer for PPG shares
by Danessa Rivera - May 16, 2019 - 12:00am
Phinma Energy Corp. is conducting a tender offer to minority shareholders of its subsidiary Phinma Petroleum and Geothermal Inc. (PPG).
Phoenix Petroleum expands in Vietnam
by Danessa Rivera - May 16, 2019 - 12:00am
Businessman Dennis Uy further expands his oil business overseas as it acquired a majority stake in Vietnam’s major liquefied petroleum gas (LPG) company as part of its Asia-Pacific expansion.
Semirara sees profit slowdown anew
by Danessa Rivera - May 15, 2019 - 12:00am
Consunji-led Semirara Mining and Power Corp. (SMPC) expects net earnings to slow down this year amid the scheduled and unplanned outage of its generating plants.
ERC explores options on retail competition, open access
by Danessa Rivera - May 14, 2019 - 12:00am
The Energy Regulatory Commission is working on a solution to fully implement retail competition and open access (RCOA), which was blocked by a temporary restraining order (TRO) issued by the Supreme Court.
Dennis Uy buying Circle K, converting to FamilyMart
by Danessa Rivera - May 14, 2019 - 12:00am
Businessman Dennis Uy is acquiring another convenience store chain through Phoenix Petroleum Philippines Inc. to expand the presence of Japanese convenience store chain FamilyMart.
EDC expands geothermal platform
by Danessa Rivera - May 13, 2019 - 12:00am
Lopez-led Energy Development Corp. (EDC) is adding an additional 30-megawatt (MW) capacity as it looks to expand its geothermal platform, its top official said.
ERC nears completion of investigation on brownouts
by Danessa Rivera - May 13, 2019 - 12:00am
The Energy Regulatory Commission (ERC) will ensure equal treatment to new and ageing plants as it nears completion of its investigation on the rotational brownouts that occurred in the Luzon grid last month.
Shell to pursue internal RE projects in Philippines
by Danessa Rivera - May 13, 2019 - 12:00am
The Philippine unit of energy giant Royal Dutch Shell remains committed in pursuing renewable energy developments in the country through internal and corporate social responsibility (CSR) projects.
Basic Energy to double capital to P5 B
by Danessa Rivera - May 13, 2019 - 12:00am
Listed Basic Energy Corp. is seeking to double its authorized capital stock to allow potential strategic investors to invest in the company and to secure funds in the future.
First Gen doubles earnings to $81 M
by Danessa Rivera - May 12, 2019 - 12:00am
Lopez-led First Gen Corp. doubled its net earnings in the first quarter, lifted by higher energy sales, foreign exchange gains and lower deferred income taxes.
Oil firms lower pump prices this week
by Danessa Rivera - May 12, 2019 - 12:00am
Oil firms led by Phoenix Petroleum Philippines are implementing significant gasoline price cuts, reflecting lower global oil prices.
ERC warns of power shortage with SC ruling on PSAs
by Danessa Rivera - May 11, 2019 - 12:00am
The Energy Regulatory Commission (ERC) warned of dire implications for the power industry if the Supreme Court decision requiring competitive bidding for all power supply agreements (PSAs) is implemented.
Shell posts flat earnings growth in Q1
by Danessa Rivera - May 10, 2019 - 12:00am
Pilipinas Shell Petroleum Corp. (PSPC) reported flat earnings in the first quarter despite headwinds from higher excise taxes and depressed regional refining margins.
PXP Energy reverts to profitability in Q1
by Danessa Rivera - May 9, 2019 - 12:00am
Upstream oil and gas firm PXP Energy Corp. posted a net income of P11.1 million in the first quarter, a reversal of the P3.7 million loss incurred in the same period a year ago.
First Gen nears EPC deal for planned LNG project
by Danessa Rivera - May 9, 2019 - 12:00am
First Gen Corp. expects to finalize a deal with its engineering, procurement and construction (EPC) contractors and additional partners for its planned $1-billion liquefied natural gas (LNG) terminal “in the...
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