Energy & Mining
Gasoline down P4.30, diesel up P2.60 in mixed fuel price adjustments
Motorists and households will welcome a bigger price drop for gasoline this week, but diesel users face higher costs as fuel companies implement mixed changes for the third week running, the Department of Energy (DOE) confirmed Monday.
COREPLUS urges Visayas businesses to strengthen energy resilience
Businesses in Cebu and across the Visayas must invest in more resilient power systems as structural grid challenges are expected to persist through 2028, according to COREPLUS, a subsidiary of Vivant Energy.
Eleven power firms eye Meralco bidding for 900-MW supply deal
At least eleven power generation companies have expressed intent to bid for the 900-megawatt supply contract of Manila Electric Company, signaling strong market interest and competitive prospects for the distribution utility’s long-term power requirement.
Ignite Power welcomes SOCOTECO II plebiscite results, vows to modernize power distribution system
Primelectric’s Ignite Power and Energy Holdings Inc. on Monday welcomed the approval of its proposed joint venture with the South Cotabato II Electric Cooperative (SOCOTECO II), vowing to modernize the cooperative’s power distribution system and improve electricity services across its franchise area.
I Squared Capital advances $2B energy, logistics investments
Global infrastructure investor I Squared Capital is advancing a USD2-billion investment program in the Philippines, targeting fuel storage, pipeline development and cold chain logistics as the country seeks to strengthen energy security and improve supply chain resilience.
