Energy

2 days ago

INSIDER INFO | After Maharlika, another group’s NGCP bid hits a deadlock

When the state-run Maharlika Investment Corp.'s long-running talks to enter the country's power grid business bogged down, an opportunity opened for another powerful business group to make its move.

5 days ago

Petron keeps P5.4B profit in nine months despite soaring oil costs

Petron Corp. remained profitable in the first nine months of 2026 as stronger fuel sales helped cushion the impact of soaring oil prices and higher operating costs linked to the US-Iran war.

30 Oct 2026

11:01AM

Semirara Q3 profit jumps 66% as power gains offset weaker coal business

Semirara Mining and Power Corp. (SMPC) is leaning on its electricity business to sustain earnings as weaker coal operations and uncertainty over the future of its flagship mine weigh on the Consunji-led energy group.

29 Oct 2026

8:42PM

NGCP battery storage push aims to cushion grid supply strains

NGCP vice chair Henry Sy Jr. said the company’s ‘Project Airbag’ will deploy battery energy storage systems that can store available electricity and release it when the grid is under pressure, including during short-duration shortages, disturbances and evening peak periods.

23 Oct 2026

8:57PM

ACEN reorganizes, shifts strategy from rapid growth to consolidation

ACEN is set to move into a consolidation and execution phase after more than a decade of aggressive expansion, as the Ayala-led renewable energy platform adjusts to a changing power market and growing concerns over supply pressure in the sector, according to sources familiar with the workings of the firm.

19 Oct 2026

6:00PM

Nasecore warns Semirara coal woes could push up electricity bills

The National Association of Electricity Consumers for Reforms (Nasecore) warned that declining production, reduced investment and operational disruptions at Semirara could push up electricity costs as the government prepares to award the island’s next coal operating contract.

Consumer group backs DOE bidding for Semirara coal contract

19 Oct 2026

2:41PM

Semirara says DOE is effectively barring it from bidding for coal mine

13 Oct 2026

2:56PM

Government coal bid puts Semirara jobs, output at risk

2 Oct 2026

11:58AM

19 Aug 2026

3:33PM

Villar’s PREIT jumps 8% as court win could end power shutdown

Tycoon Manuel Villar Jr.’s Premiere Island Power REIT Corp. (PREIT) shares jumped on Wednesday after a court victory moved its Siquijor power tenant closer to restarting operations and restoring lease payments to the company.

17 Aug 2026

10:53AM

First Gen plunges 19% after Lopez firm rejects KKR’s P35 offer

First Gen Corp. shares plunged as much as 19 percent on Monday after the Lopez group rejected KKR’s P35-per-share proposal, wiping out much of the rally sparked by expectations of a potential buyout.

First Gen value tops P100B as KKR offer fuels stock rally

13 Aug 2026

7:57PM

12 Aug 2026

8:26AM

First Gen holds first-half profit at P8.7B as geothermal offsets gas sale

Lopez-led First Gen Corp. kept first-half attributable recurring net income steady at P8.7 billion despite having a much smaller share of its natural gas business following last year’s sale of a 60 percent stake to Enrique Razon Jr.’s Prime Infrastructure Capital.