Energy & Mining
Mixed fuel price changes mark fourth week in series
Fuel prices willl see mixed adjustments for the fourth week in a row, taking effect Tuesday morning, October 27. Gasoline will go down by P0.30 per liter, while diesel rises P1.20 per liter and kerosene goes up by P0.50 per liter, as confirmed by major suppliers including Petron and Seaoil, following the Department of Energy’s announcement Monday.
Gov’t explores funding routes for nuclear program; US offers up to $5B support
The Department of Energy (DOE) confirmed Monday the government is pursuing multiple financing avenues to kickstart the country’s nuclear energy program, with the United States offering at least $5 billion in potential funding support.
ERC lays out five-year roadmap to fully open electricity retail market
The Energy Regulatory Commission (ERC) has unveiled a draft five-year roadmap that will gradually expand retail electricity choice, bringing more competition and supplier options to more power users across the country.
Power utilities drive shift to electric mobility
Power distribution companies are playing a central role in the country’s transition to electric mobility, providing the critical energy grid and charging infrastructure required to make electric vehicles a practical reality for everyday drivers and businesses.
APECO courts US, Canadian investors for defense, energy projects
The Aurora Pacific Economic Zone and Freeport Authority (APECO) is courting American and Canadian investors for defense-related industries, clean energy and data center projects at its 12,923-hectare ecozone in Casiguran, Aurora, as the Philippines seeks to expand investment links across the Indo-Pacific.
