Energy & Mining
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.
Fuel prices surge again; diesel jumps over P12, gas hikes continue
Fuel prices will increase again on Tuesday, March 31, as global oil costs remain high under the ongoing conflict in the Middle East.
