Tuesday 23 April
Power shortage then scam? Teddyboy Locsin cites dark history with rotating brownouts
Is this deja...
Fuentebella says DOE ready for any crisis: We’ve identified all problems
The Philippines is ready for any power crisis, according to Department of Energy (DOE) Undersecretary Felix William B. Fuentebella in a briefing...
Gatchalian urges DOE to look into collusion among power firms amid simultaneous shutdown of 5 plants
Senator Sherwin Gatchalian, chair of the Senate energy committee, urged the Department of Energy (DOE) to investigate the spate of power outages hitting Luzon after the NGCP placed the grid under red alert due to insufficient power...
Venezuela, Saudi oil output slumps: OPEC
OPEC's oil output dropped sharply last month as a result of steep production cuts in Venezuela and kingpin Saudi Arabia, the cartel said on...
Collusion? Gatchalian seeks probe of power shortage in peak season despite DOE assurance of adequate supply
Senator Sherwin Gatchalian on Wednesday called on the Department of Energy (DOE) to immediately investigate the power outages hitting Luzon after the National Grid Corporation of the Philippines (NGCP) placed the grid under red alert due to insufficient power...
Aboitiz Power obtains $300M loan for AA Thermal purchase
Aboitiz Power Corp.has secured a $300 million loan from several banks to partly fund the acquisition of AC Energy's thermal...
Saudi Aramco bumps up bond issue to $12B: bank source
Energy giant Saudi Aramco on Tuesday raised the size of a bond issue aimed at helping to diversify the Saudi economy to $12 billion from an initial $10 billion target following heavy demand, a source close to the operation told...
Giant ‘green’ plastic pipe maker taps EDC to power up Cavite plant
Neltex Development Co., Inc., the country’s largest manufacturer of plastic pipe solutions, is integrating renewable energy in its...
DOE working with power firms to ensure stable power supply in summer
The Department of Energy (DOE) on Monday assured the public that measures were being undertaken with power industry players to ensure sufficient electricity supply this summer in light of shrinking reserves, especially during peak consumption...
Saudi minister says oil market headed for ‘balance’
Saudi Energy Minister Khalid al-Falih said on Monday the oil market was "moving towards balance", and that producers may not need to make additional output...
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