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Philippines
Thursday, May 23, 2024

Alena Mae S. Flores

Tokyo Gas finalizes deal with FGEN LNG

First Gen LNG Holdings Corp., a wholly owned subsidiary of Lopez-led First Gen Corp., said Wednesday it executed a shareholders’ agreement (SHA) and share...

Alsons’ diesel plant warns of shutdown over fuel constraint

Western Mindanao Power Corp. (WMPC), a diesel facility in Zamboanga City owned by Alsons Consolidated Resources Inc., on Wednesday served notice that the plant...

Prices at electricity spot market increased P1 per kWh in May

The Independent Electricity Market Operator of the Philippines (IEMOP) said Tuesday the system-wide average electricity prices at the Wholesale Electricity Spot Market (WESM) soared...

Meralco opens new substation in Batangas

Power retailer Manila Electric Co. (Meralco) said Tuesday it recently energized its P450-million substation in Batangas City to meet the growing power demand in...

Petron posts 16% profit growth, expects higher sales

Lone oil refiner Petron Corp. said Tuesday it is committed to improving its financial performance this year by boosting sales volumes. Petron posted a 16-percent...

DOE, PAEF sign deals on energy cooperation

The Department of Energy said Tuesday it signed two memoranda of understanding (MOUs) on the sidelines of the Indo-Pacific Business Forum to foster collaboration...

Rush in Meralco franchise raises suspicion—consumers’ group

A consumers’ group said Monday attempts to rush the franchise renewal of Manila Electric Co. (Meralco) is raising suspicions over its ultimate objective, especially...

Oil firms to hike prices of diesel, kerosene today

Oil firms will increase the prices of diesel and kerosene by P0.25 and P0.30 per liter, respectively, effective 6 a.m. today (Tuesday) to reflect...

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