THE current unstable market situation prevents the Philippine National Oil Company (PNOC) to proceed with the planned privatization of its exploration arm, a ranking official said.

POWER retailer Manila Electric Company (Mrealco) reported that its net income for the first three months of 2009 decreased.

THE Lopez Group, operator of distribution giant Manila Electric Company (Meralco), has no plans to sell its remaining stake to Philippine Long Distance Telephone Company (PLDT).

ENERGY Secretary Angelo Reyes on Monday said supplies of petroleum products will not be disrupted, despite the final ruling of the Supreme Court (SC) ordering the oil companies to relocate their termi

MORE than P1 billion budget is needed if the government will opt to use nuclear power in the country.

LABOR Secretary Marianito Roque, citing the reports of Labor Attaché Nasser S.

SN ABOITIZ Power (Snap)-Magat Inc. has secured the contracts for the supply of electricity to five electric cooperatives in Luzon with the signing of the Power Supply Agreements (PSAs) last month.

FOOD and beverage giant San Miguel Corporation (SMC) is among the interested buyers for the 600 megawatt Calaca coal fired power facility.

OIL giants Petron Corporation and Pilipinas Shell Petroleum Corp. (PSPC) on Wednesday reiterated that they have not committed any overpricing on their fuel products.

ELECTRICITY rates of power retailer Manila Electric Company (Meralco) for this month will drop as generation charge declines to P4.4235 per kilowatt hour (kWh) from P5.0205 per kWh last April.

LEADING telecommunications provider Philippine Long Distance Telephone Company (PLDT) announced Tuesday that its consolidated net income for the first three months of 2009 declined by eight percent to

THE jobs available abroad now are the hard-to-fill jobs, the Philippine Overseas Employment Administration (POEA) said.

THE Philippine government is expecting a rebound from the global recession within a year, saying the crisis seems to be bottoming out.

CONSUMER groups on Friday asked that the powers of the Department of Energy (DOE) to prevent the oil companies from increasing its prices be transferred to the Energy Regulatory Commission (ERC).

THE zero growth projected by the International Monetary Fund (IMF) for the Philippines is "very conservative," and that the country is strong enough to weather the global financial crisis, according t