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Danessa Rivera
Danessa Rivera
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ENGIE bags 5-year contract for Cebu airport digitization
by Danessa Rivera - November 18, 2018 - 12:00am
ENGIE Services Philippines, formerly Cofely Philippines, has secured a five-year contract to manage the Mactan-Cebu International Airport (MCIA) and improve its energy efficiency through digitization.
Fuel prices slashed further
by Danessa Rivera - November 18, 2018 - 12:00am
Phoenix Petroleum Philippines Inc. has reduced its fuel prices by more than P1, ahead of other oil companies.
AC Energy eyes PSALM assets
by Danessa Rivera - November 17, 2018 - 12:00am
AC Energy Inc., the power business of the Ayala Group, will take a look at other assets of the Power Sector Assets and Liabilities Management Corp. (PSALM) once these are privatized.
Lopez Holdings earns 20% more in nine months
by Danessa Rivera - November 16, 2018 - 12:00am
Lopez Holdings Corp., the holding company of the Lopez group, registered a 20 percent improvement in net income in the first nine months to P3.9 billion, mainly driven by contributions from its energy business.
First Gen income soars to $151 million
by Danessa Rivera - November 16, 2018 - 12:00am
Lopez-led First Gen Corp. boosted its nine-month earnings by 50 percent to $151 million (P7.9 billion) on the back of higher energy sales from its gas-fired power plants.
Floating solar facility to be put up in Laguna Lake
by Danessa Rivera - November 16, 2018 - 12:00am
Local solar developer Sun-Asia Energy has teamed up with French company Ciel & Terre to install a floating solar facility in Laguna Lake, the biggest fresh water resource in the country.
10 firms eye Malaya Thermal Power Plant
by Danessa Rivera - November 15, 2018 - 12:00am
State-run Power Sector Assets and Liabilities Management Corp. (PSALM) has received interest from 10 companies for the sale of the 650-megawatt (MW) Malaya Thermal Power Plant (TPP).
Meralco keen on wind power partnerships
by Danessa Rivera - November 15, 2018 - 12:00am
Manila Electric Co. (Meralco) is eyeing to partner with developers of two to three wind projects as part of boosting the group’s renewable energy portfolio, its top official said.
EDC income drops 3% to P6.4 billion in 3 quarters
by Danessa Rivera - November 14, 2018 - 12:00am
Lopez-led Energy Development Corp. reported a three percent decline in net income to P6.4 billion due to higher operating expenses.
Shell profit grows 8% as of end-Sept 2018
by Danessa Rivera - November 14, 2018 - 12:00am
Pilipinas Shell Petroleum Corp. recorded a net income of P7.2 billion in January to September, up eight percent year on year on inventory holding gains and better refinery reliability.
AC Energy invests in Southeast Asia wind power developer
by Danessa Rivera - November 14, 2018 - 12:00am
AC Energy Inc., the power unit of Ayala Corp., has acquired a 25 percent stake in a Singapore-based wind developer.
Hefty fuel price cuts effective Tuesday
by Danessa Rivera - November 13, 2018 - 12:00am
Oil companies are implementing fuel price cuts of P2 per liter today as global oil prices continue to soften.
Oil price to go down next week
by Danessa Rivera - November 11, 2018 - 12:00am
Consumers can expect another round of oil price cuts next week amounting to about P2 per liter.
DOE, European Union to energize Mindanao households
by Danessa Rivera - November 10, 2018 - 12:00am
The Department of Energy and the European Union are energizing 100,000 households in Mindanao through solar home systems as part of their program to power up off-grid communities in the country.
AboitizPower spending P900 million for rehab of Cebu diesel plants
by Danessa Rivera - November 10, 2018 - 12:00am
Aboitiz Power Corp. has set a budget of nearly P900 million to rehabilitate the diesel units of the Naga Power Plant Complex in Cebu and provide ancillary services to the Visayas grid next year.
Acquisitions trim Phoenix Petroleum’s 9-month profit
by Danessa Rivera - November 10, 2018 - 12:00am
Net earnings of independent oil firm Phoenix Petroleum Philippines Inc. slipped by eight percent in the first nine months on the back of higher expenses due to acquisitions.
NGCP to complete transmission line to Mindanao by 2020
by Danessa Rivera - November 10, 2018 - 12:00am
The National Grid Corp. of the Philippines (NGCP) is confident it will complete the major transmission line connecting Mindanao to the rest of the power grid by 2020.
DOE probes massive Mindanao blackout
by Danessa Rivera - November 10, 2018 - 12:00am
The Department of Energy (DOE) is investigating a massive power outage in Mindanao on Thursday.
Phinma Energy divests 50% stake in solar firm
by Danessa Rivera - November 9, 2018 - 12:00am
Phinma Energy Corp., the listed power business of the Phinma Group, has sold half of its stake in its solar roofing subsidiary to boost its capital for new projects.
Aboitiz Equity Ventures Inc. posts 9% hike in Jan-Sept 2018 profit
by Danessa Rivera - November 9, 2018 - 12:00am
Net earnings of Aboitiz Equity Ventures Inc. (AEV), the listed investment holding firm of the Aboitiz family, rose nine percent in the nine months ending September on robust performance of its power, food and real...
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