Energy & Mining
Offshore wind project gains momentum with global investor
The Marcos administration is intensifying efforts to bring Southeast Asia's first offshore wind farm to the Philippines, with Finance Secretary and investment czar Frederick D. Go engaging global infrastructure investor Copenhagen Infrastructure Partners (CIP) to advance the 901-megawatt San Miguel Bay Offshore Wind Power Project in Camarines Sur.
Philippines pitches flagship mines to capture minerals investments
The Philippines is stepping up efforts to attract global mining investors by showcasing its flagship copper and gold projects, positioning the country to capitalize on soaring demand for critical minerals driven by the energy transition and the realignment of global supply chains.
Mixed fuel price adjustments expected this week – DOE
The Department of Energy (DOE) announced Monday the various fuel companies may implement varying price adjustments for the week starting June 29, 2026.
WB approves record $1.02B Philippine energy, water loan
The World Bank Group has approved a record USD1.02-billion financing package for the Philippines, backing reforms aimed at lowering electricity costs, strengthening water security and accelerating the country's transition to cleaner energy.
Steel sector bets on infrastructure, roadmap for growth
The Philippine steel industry remains cautiously optimistic despite slowing construction activity, pinning its long-term growth hopes on the government's infrastructure pipeline and a long-awaited industry roadmap aimed at strengthening domestic manufacturing.
