Energy & Mining

OceanaGold Philippines posted a strong first-quarter performance as elevated gold prices and steady production lifted cash flow and strengthened its capacity to sustain shareholder returns while expanding exploration activities at the Didipio mine.

The Department of Energy (DOE) and the Energy Regulatory Commission (ERC) said steps are in place to help protect consumers from rising electricity costs.

The Philippine Solar and Storage Energy Alliance (PSSEA) said the policy changes the government has adopted will help speed up the country’s renewable energy development, especially for solar power and battery storage systems.

The BE Group of Companies has teamed up with COREnergy, the retail electricity arm of Vivant Energy, to supply and actively manage power use across its Mabuhay Towers in Cebu Business Park and Cebu IT Park—signaling a more strategic approach to energy in two of the country’s fastest-growing commercial hubs.

The Manila Electric Co. (Meralco) said it may refund up to P9 billion more to customers, depending on the final decision of the Energy Regulatory Commission (ERC).