Energy & Mining
DTI defers LPG price cap decision to DOE
The Department of Trade and Industry (DTI) said the proposed price cap on liquefied petroleum gas (LPG) should be decided by the Department of Energy (DOE), citing the latter’s regulatory jurisdiction over the sector.
CREC powers Negros solar farm before peak demand
Citicore Renewable Energy Corp. (CREC) has energized its 69-megawatt peak (MWp) Citicore Solar Negros Occidental 2 facility, boosting capacity in the Visayas grid ahead of the anticipated summer demand surge.
PITX assures continuous operations using renewable energy
The Parañaque Integrated Terminal Exchange (PITX) said it will continue operating without interruption despite changing national energy conditions.
CREC profit rises 14% on refinancing gains
Citicore Renewable Energy Corporation (CREC) posted a 14 percent increase in net income to P1.15 billion in 2025, driven by lower financing costs, rising service revenues, and steady electricity sales, highlighting improved profitability as the company expands its renewable portfolio.
BIR fast-tracks PNOC fuel imports amid crisis
The Bureau of Internal Revenue (BIR) has expedited the emergency importation of petroleum products by PNOC Exploration Corporation (PNOC-EC), issuing a special permit through its Large Taxpayers Service (LTS) to accelerate the transaction under a declared energy emergency.
