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Patrick Miguel
Patrick Miguel
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NexGen Energy wants to follow sister firm REDC’s IPO success
by Patrick Miguel - April 30, 2024 - 12:00am
NexGen Energy Corp., a wholly owned subsidiary of Pure Energy Holdings Corp. and a sister company of publicly listed Repower Energy Development Corp., is keen on its own initial public offering as it prepares to...
Senate urged to act swiftly on bill to develop natural gas
by Patrick Miguel - April 30, 2024 - 12:00am
The Senate should take swift action on a proposed legislation that would lay down state policy for the full development of the Philippine natural gas industry as the measure is a legislative priority of President...
Meralco powers core income higher by 11 percent to P10.1 billion in Q1
by Patrick Miguel - April 30, 2024 - 12:00am
Pangilinan-led power firm Manila Electric Co. reported a consolidated core net income of P10.1 billion in the first quarter, up by 11 percent from P9 billion in the same period last year.
Price rollback: P0.45 for diesel, P0.25 for gas
by Patrick Miguel - April 30, 2024 - 12:00am
In separate advisories, oil companies implemented a rollback on pump prices of P0.25 per liter for gasoline, P0.45 for diesel and P0.90 for kerosene.
Oil price rollback seen next week
by Patrick Miguel - April 27, 2024 - 10:30am
Pump prices for fuel products may decrease next week, the Department of Energy Oil Industry Management Bureau assistant director Rodela Romero said.
Grids still on alert amid demand surge
by Patrick Miguel - April 27, 2024 - 12:00am
Power grids across the country remained on alert yesterday, according to the National Grid Corp. of the Philippines.
Luzon, Visayas grids on yellow alert anew
by Patrick Miguel - April 26, 2024 - 12:00am
The Luzon and Visayas grids remained under yellow alert yesterday, according to the National Grid Corp. of the Philippines.
ACEN to spend P70 billion this year
by Patrick Miguel - April 25, 2024 - 12:00am
Ayala-owned ACEN Corp. has earmarked P70 billion to bankroll the capital expenditures of its domestic and international operations this year
Mindanao grid placed on yellow alert
by Patrick Miguel - April 25, 2024 - 12:00am
The Mindanao power grid was placed on yellow alert yesterday alongside the Luzon and Visayas grids due to outages of several power plants.
Gasoline prices seen going up; rollback in diesel
by Patrick Miguel - April 20, 2024 - 9:00am
Mixed adjustments on oil prices may be implemented next week, according to the Department of Energy.
Luzon, Visayas power grids under red, yellow alert
by Patrick Miguel - April 20, 2024 - 8:00am
For the fourth consecutive day, the Luzon and Visayas power grids were placed on red and yellow alerts on Friday, according to the National Grid Corp. of the Philippines.
NGCP seeks resolution of cases hampering Tuy-Dasmariñas project
by Patrick Miguel - April 20, 2024 - 12:00am
The National Grid Corp. of the Philippines (NGCP) is pushing for a “speedy court resolution” of cases delaying the completion of a transmission line project in Dasmariñas, Cavite.
ACEN, Rockefeller Foundation eye first coal-to-clean energy initiative
by Patrick Miguel - April 19, 2024 - 12:00am
The first coal to clean credit initiative pilot project could save up to 19 million tons of carbon emissions through the decommissioning of a coal plant, ACEN Corp. and the Rockefeller Foundation said.
ERC to power generators: Explain forced outages
by Patrick Miguel - April 19, 2024 - 12:00am
The Energy Regulatory Commission will investigate the recent forced outages of several power plants, resulting in the placement of the Luzon and Visayas grids on red and yellow alert.
SPNEC books P5.7 billion earnings on asset gain
by Patrick Miguel - April 18, 2024 - 12:00am
Pangilinan-led SP New Energy Corp. booked a net income of P5.7 billion in 2023 after gaining a 100-percent interest in Terra Solar Philippines.
Luzon, Visayas grids on yellow alert
by Patrick Miguel - April 18, 2024 - 12:00am
The Luzon and Visayas grids were placed under yellow alert yesterday, with several power plants still on forced outage or running on derated capacity, according to the National Grid Corp. of the Philippines.
First Gen awards contract to Chinese firm
by Patrick Miguel - April 17, 2024 - 12:00am
Lopez-led First Gen Corp. has awarded a contract to Chinese firm China National Offshore Oil Corp. to supply one liquefied natural gas cargo of approximately 130,000 cubic meters.
ACEN receives $150 million green term loan from SMBC
by Patrick Miguel - April 17, 2024 - 12:00am
A subsidiary of ACEN Corp. has inked a $150 million green term loan facility with Sumitomo Mitsui Banking Corp. to bankroll investments in renewable energy projects across the region.
Luzon, Visayas grids placed under red, yellow alert
by Patrick Miguel - April 17, 2024 - 12:00am
With several power plants either offline or operating at reduced capacity, the National Grid Corp. of the Philippines yesterday placed the Luzon and Visayas grids on red and yellow alert status.
P0.95 diesel price hike; P0.40 for gas
by Patrick Miguel - April 16, 2024 - 12:00am
In separate advisories, oil companies increased pump prices again by P0.40 per liter for gasoline, P0.95 for diesel and P0.85 for kerosene, marking the second consecutive week of price hikes.
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