Energy & Mining
Wind power duo gains regulatory green light
Renewable energy leaders Alternergy Holdings Corp. and ABC Energy Inc. have officially secured the Philippine Competition Commission’s (PCC) nod to jointly develop two major wind projects: the 128 MW Tanay Wind Power Project and 64 MW Alabat Wind Power Project.
Power rates rise in March; households, businesses face higher electricity bills
The Manila Electric Company (Meralco) announced a power rate increase for March, raising electricity prices by P0.6427 per kilowatt-hour (kWh).
Food manufacturer installs rooftop solar to boost clean energy use
A Philippine food manufacturer has begun using renewable energy at its production facility in Cebu as part of efforts to improve efficiency and support cleaner operations.
US-Iran conflict sends oil prices soaring
Global oil markets swung violently Monday as the escalating conflict between the US and Iran disrupted one of the world’s most important energy corridors, briefly sending crude prices soaring before easing on hints the conflict might end soon.
DOE cracks down on fuel stations defying staggered price hikes; 55 show cause orders issued
The Department of Energy (DOE) has cracked down on fuel retailers that allegedly ignored the government-backed staggered fuel price increase scheme, issuing at least 55 show cause orders to stations suspected of irregular pricing practices.
