Energy & Mining
Semirara Mining profit falls as coal, power prices cool
Semirara Mining and Power Corp., the energy arm of the Consunji Group, saw profits tumble in 2025 as softer coal and electricity prices offset record production and power sales, underscoring the impact of easing energy markets after the commodity surge of recent years.
Wind power duo gains regulatory green light
Renewable energy leaders Alternergy Holdings Corp. and ABC Energy Inc. have officially secured the Philippine Competition Commission’s (PCC) nod to jointly develop two major wind projects: the 128 MW Tanay Wind Power Project and 64 MW Alabat Wind Power Project.
Power rates rise in March; households, businesses face higher electricity bills
The Manila Electric Company (Meralco) announced a power rate increase for March, raising electricity prices by P0.6427 per kilowatt-hour (kWh).
Food manufacturer installs rooftop solar to boost clean energy use
A Philippine food manufacturer has begun using renewable energy at its production facility in Cebu as part of efforts to improve efficiency and support cleaner operations.
US-Iran conflict sends oil prices soaring
Global oil markets swung violently Monday as the escalating conflict between the US and Iran disrupted one of the world’s most important energy corridors, briefly sending crude prices soaring before easing on hints the conflict might end soon.
