Energy & Mining
OceanaGold tests wireless blasting technology at Didipio mine
OceanaGold (Philippines), Inc. has become the first mining operation in the Philippines to test a wireless blasting system underground, adopting technology designed to reduce workers’ exposure to hazardous areas while improving mining efficiency.
Philippines pitches $1.5B in ASEAN investment-ready projects
The Philippines presented seven investment-ready projects with a combined estimated value of USD1.5 billion to regional investors, seeking financing for ventures supporting ASEAN’s energy transition and industrial development.
Yuchengco’s PetroGreen ties up with China’s Ming Yang in major Philippine offshore wind push
PetroGreen Energy Corp. (PGEC), the renewable energy unit of listed PetroEnergy Resources Corp. (PERC) led by the Yuchengco group, has entered a strategic partnership with China’s Ming Yang Smart Energy Group Ltd., one of the world’s top wind turbine makers, to advance offshore wind development in the country.
Sharp P16.80 per liter drop on gasoline prices starting Tuesday
Gasoline prices will fall by a steep P16.80 per liter this week, with diesel going down by P4.10 per liter and kerosene by P3.70 per liter — the biggest reduction seen in recent weeks — as fuel companies implement the rollbacks starting Tuesday morning, the Department of Energy (DOE) confirmed on Monday.
Philippine nuclear ambitions face cost, safety, technology tests
The Philippines’ plan to introduce nuclear power will depend less on installed-capacity targets than on whether proposed projects can deliver affordable electricity, meet local demand, and satisfy stringent safety requirements, nuclear and energy experts said.
