Energy & Mining
Fuel prices jump sharply; some oil firms drop staggered increases
Fuel prices are set to rise sharply this week, with Jetti Petroleum Corp. announcing a one-time increase starting Tuesday. Gasoline prices will go up by ₱8 per liter, while diesel will increase by ₱18 per liter. The company said it can no longer spread adjustments over several days and will implement the hike all at once.
PSALM plans sale of Ilocos Sur hydro plant by Q3
State-run Power Sector Assets and Liabilities Management Corp. (PSALM) is preparing to privatize the 70-megawatt Bakun hydroelectric power plant in Ilocos Sur by the third quarter of 2026.
Alternergy switches on Nueva Ecija hydro plant
Renewable energy firm Alternergy Holdings Corporation has begun commercial operations of its 5-megawatt Dupinga run-of-river hydro power plant in Gabaldon, Nueva Ecija, marking its second facility to go online this year.
Diesel prices seen soaring again; temporary return of cheaper fuel approved
Fuel prices across the country are expected to rise sharply this week, with diesel likely to see another double-digit increase, according to a local fuel retailer.
SGEN switches to renewable energy for schools
The Southville Global Education Network (SGEN), a group of schools from early childhood to postgraduate level, has shifted to renewable energy for its power needs through a partnership with First Gen, the country’s largest renewable energy provider.
