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Danessa Rivera
Danessa Rivera
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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.
Gas, diesel prices up today
by Danessa Rivera - May 15, 2018 - 12:00am
A week after minimal price cuts, motorists face hefty rate hikes on petroleum products as global crude prices rise to multi-year highs.
NEA installs solar home systems in Mindanao
by Danessa Rivera - May 14, 2018 - 12:00am
State-run National Electrification Administration (NEA) is installing solar home systems (SHS) in 10,000 households in Mindanao next month as part of energizing communities situated in far-flung and remote parts...
Shell to ink partnership with local partner in 2019
by Danessa Rivera - May 14, 2018 - 12:00am
Global energy giant Royal Dutch Shell is targeting to close a partnership with a local firm to start pursuing renewable energy investments next year, a ranking official said.
Semirara deferring increase in coal output
by Danessa Rivera - May 14, 2018 - 12:00am
Semirara Mining and Power Corp. is deferring the increase in coal output from its mine in Semirara Island to 2020 after completing the rehabilitation of its most recently closed mine, company officials said.
Phoenix Petroleum earns 65% more in Q1
by Danessa Rivera - May 13, 2018 - 12:00am
Listed independent oil firm Phoenix Petroleum Philippines Inc. reported a 65 percent jump in net profit to P464.75 million in the first quarter on record revenues.
Semirara Q1 earnings up slightly to P4.6 billion
by Danessa Rivera - May 12, 2018 - 12:00am
Semirara Mining and Power Corp. reported a three percent improvement in its first quarter earnings to P4.6 billion as the strong coal business more than offset the drop in its power generation business.
Shell, Phoenix secure deal with PSALM for fuel supply
by Danessa Rivera - May 12, 2018 - 12:00am
Pilipinas Shell Petroleum Corp. and Phoenix Petroleum Philippines Inc. have bagged contracts to supply the fuel requirements of state-run Power Sector Assets and Liabilities Management Corp.
ERC cites improvement in disposition of cases
by Danessa Rivera - May 11, 2018 - 12:00am
The Energy Regulatory Commission has cited improvements in the disposition of cases and issues in the first four months of the year despite the suspension of its four commissioners.
Solar Philippines offers lower electricity rate to supply Meralco
by Danessa Rivera - May 11, 2018 - 12:00am
Solar Philippines has submitted a lower rate to supply Manila Electric Co. with 50 megawatts of supply.
First Gen sees $200 million recurring earnings in 2018
by Danessa Rivera - May 10, 2018 - 12:00am
First Gen Corp. expects its recurring net income to reach nearly $200 million this year on improved contributions from its new gas-fired power plants.
Lopez Group readies partnerships for $1-billion LNG terminal
by Danessa Rivera - May 10, 2018 - 12:00am
The Lopez Group plans to start developing its $1 billion liquefied natural gas terminal in 2019 as it looks to close partnerships and engineering, procurement and construction contracts within the year.
Petron posts record P5.8 billion income in Q1 2018
by Danessa Rivera - May 9, 2018 - 12:00am
Petron Corp.
EDC spending P6.1 billion this year to boost power asset resiliency
by Danessa Rivera - May 9, 2018 - 12:00am
Lopez-led Energy Development Corp. is spending P6.1 billion this year to increase the resiliency of its power assets especially those hit by natural calamities.
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