A new chapter in the professional métier of industry hotshot Emmanuel “Manny” V. Rubio will be unfolding soon, as whispers are getting louder on his appointment as the next chief executive officer of Meralco PowerGen (MGen), the power generation investment arm of Manila Electric Company...
SAGIP Party-list Reps. Rodante Marcoleta (left), Caroline Tanchay (Facebook) SAGIP Party-list Reps. Rodante Marcoleta and Caroline Tanchay are prodding the House of Representatives to take up their proposed measure to tighten the prohibition on...
Priority procurement of capacity generated from indigenous Malampaya gas had been directed by the Energy Regulatory Commission (ERC) in the power purchase agreement (PPA) underwritten by Manila Electric Company (Meralco) with First Gen Corporation of the Lopez group. Owing to that ruling, the...
From L-R: ACCIONA: Samantha Betia - Head of Marketing, ACCIONA SEA, Rina Dakay - Business Development and Marketing ACCIONA SEA, Javier Ruiz - EPC Director, ACCIONA Agua - PAREF Woodrose School - Kathleen Pineda, Associate Director for Academic Standards, Cheyenne dela Fuente, Principal, Integrated...
Leaning on the robust power generating assets of its various subsidiaries, Aboitiz Equity Ventures (AEV) has sustained its lead as the country’s biggest power producer with total installed capacity of 5,745.221 megawatts, according to data released by the Energy Regulatory Commission. Inching...
Global management consulting firm McKinsey & Company is projecting a 5 percent to 6 percent gross domestic product (GDP) growth for the Philippines which it expects to remain resilient despite various global economic pressures. The Philippines ended 2023 as the fastest-growing economy across...
TORONTO – Investors who are seriously looking at infusing heavy capital for nuclear power projects in the Philippines are decisively assessing concerns on siting as well as certainty of regulatory frameworks being the challenges that could make or break a deal in the resurgence of this...
The Po family-controlled Century Pacific Food, Inc. (CNPF), one of the leading food companies in the Philippines, is investing $40 million (P2.22 billion) to increase coconut water production capacity after bagging a fresh contract from The Vita Coco Company Inc. In a disclosure to the Philippine...
The pass-on tariff of power utility giant Manila Electric Company (Meralco) will climb by a marginal P0.0229 per kWh in the March billing cycle, and that has been precipitated mainly by the ancillary services (AS) charges of the power system operator. The slight hike in charges will drive up...
Central Azucarera Don Pedro Inc. (CADPI), a wholly-owned sugar mill subsidiary of the First Pacific Co.-controlled Roxas Holdings Inc., announced that it has permanently closed its business operations effective on Feb. 28, 2024 due to serious business losses and the government’s sugar...
Philex Mining Corporation, the gold and copper producer controlled by tycoon Manuel V. Pangilinan through First Pacific Company, reported a 44.4 percent drop in core net income to P963 million last year from P1.73 billion in 2022 due to lower output from its Padcal mine. Philex Mining Corporation's...
(Unsplash) The distribution and regulation sides of the Philippine power sector have expressed their backing of the economic Charter Change (Cha-cha) that's being pushed by the House of Representatives. In particular, resource persons from the Manila...
