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Thursday, September 26, 2024

Energy

Andres promises ‘expeditious’ action as acting ERC chief

Energy Regulatory Commission (ERC) officer-in-charge Jesse Hermogenes Andres vowed to “expeditiously” act with “fairness” on pending matters as he assumed office on Wednesday following the issuance of a memorandum from the Office of the Executive Secretary on Sept. 20, 2024. Andres, a former Department of Justice undersecretary, would replace Monalisa Dimalanta who was suspended by the Ombudsman as ERC chairperson and chief executive. Andres held a meeting with ERC commissioners Alexis...

NGCP to build Batangas-Mindoro power line for P90b

National Grid Corp. of the Philippines (NGCP) is seeking an approval from...

IAEA supporting PH bid to develop nuclear program

The International Atomic Energy Agency (IAEA) expressed support for the Philippines’ move...

Meralco: Power consumers to save P5b from 500-MW supply deals

Power retailer Manila Electric Co. (Meralco) is seeking the Energy Regulatory Commission’s...

SMC power unit planning to offer $100m in senior perpetual shares

The power arm of San Miguel Corp. said Tuesday its board approved...

Developers seek ‘correct’ price signals for next green energy auctions

Renewable energy developers asked the government to come out with the “correct...

Andres promises ‘expeditious’ action as acting ERC chief

Energy Regulatory Commission (ERC) officer-in-charge Jesse Hermogenes Andres vowed to “expeditiously” act with “fairness” on pending matters as he assumed office on Wednesday following the issuance of a memorandum from the Office of the Executive Secretary on Sept. 20, 2024. Andres, a former Department of Justice undersecretary, would replace Monalisa Dimalanta who was suspended by the Ombudsman as ERC chairperson and chief executive. Andres held a meeting with ERC commissioners Alexis...

NGCP to build Batangas-Mindoro power line for P90b

National Grid Corp. of the Philippines (NGCP) is seeking an approval from...

IAEA supporting PH bid to develop nuclear program

The International Atomic Energy Agency (IAEA) expressed support for the Philippines’ move...

Meralco: Power consumers to save P5b from 500-MW supply deals

Power retailer Manila Electric Co. (Meralco) is seeking the Energy Regulatory Commission’s...

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EDC plans to invest P60b to drill 40 geothermal wells

Geothermal power producer Energy Development Corp. plans to drill 40 new wells over the next three years with capital investments of P60 billion to...

San Miguel: Power units still viable

San Miguel Global Power Holdings Corp. (SMGP) and subsidiaries remain viable and able to meet its financial obligations, its parent ccompany said Monday. “To date,...

Amazon steps up AI race with $4b investment in Anthropic bot

PARIS, France—Amazon said on Monday it would invest up to $4 billion in AI firm Anthropic, as the online retail giant steps into an...

PNOC EC expects high success rate for new Malampaya wells

State-run PNOC Exploration Corp. projected a high success rate for new wells to be drilled by the Malampaya consortium, a top executive said. The company...

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