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Philippines
Sunday, September 8, 2024

Alena Mae S. Flores

Big-time oil price rollback next week: DOE

Consumers can expect a big-time oil price rollback across all petroleum products next week of as much as P1.35 per liter to reflect the...

UK fund manager investing $600 million for 40% stake in SPNEC unit

UK fund manager Actis Capital is taking a 40-percent stake in Terra Solar Philippines, a subsidiary of publicly-listed Solar Philippines New Energy Corp. (SPNEC),...

PNOC seeks consultant to study Batangas wind port

State-run Philippine National Oil Co. (PNOC) is rebidding the study and design for the transformation of the energy supply base in Mabini, Batangas to...

Prime Infra gets P5-b LandBank loan for capex

Prime Infrastructure Capital Inc. led by businessman Enrique Razon Jr. signed a P5-billion loan agreement with Land Bank of the Philippines to partially fund...

DOE eyeing 31 ports to support offshore wind power projects in PH

The Department of Energy (DOE) is considering 31 ports to support the development of around 66,000 megawatts from 92 offshore wind power projects nationwide. DOE...

DOE eyes higher biodiesel blend for power plants

The Department of Energy (DOE) plans to work with the National Power Corp. (NPC) to test the viability of increasing the biodiesel blend in...

Power prices at spot market fell in August

Average system-wide rates at the Wholesale Electricity Spot Market (WESM) declined in August 2024 by 0.4 percent to P5.94 per kilowatt-hour from P5.97 per...

SC resolves Meralco-SMC supply deals

The Supreme Court denied with finality an appeal filed by the Energy Regulatory Commission (ERC) against a rate hike petition by San Miguel Corp.’s...

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