Energy & Mining
Fuel prices drop as companies announce rollbacks
Fuel companies implemented price rollbacks on Tuesday, driven by lower global crude oil prices following a two-week ceasefire between the United States and Iran.
Marcos cuts LPG, kerosene excise to ease costs
President Ferdinand Marcos Jr. on Monday ordered the removal of excise taxes on liquefied petroleum gas (LPG) and kerosene, a move aimed at easing household expenses while maintaining support for domestic producers.
Citicore boosts capacity with new Pangasinan solar plant
Citicore Renewable Energy Corp. (CREC) has switched on its 125-megawatt-peak solar facility in Pangasinan, lifting its total gross installed capacity to 794MWp and reinforcing the Luzon grid ahead of peak summer demand.
Basic Energy rolls out electric transport ecosystem push
Basic Energy Corp. has launched an electric mobility initiative aimed at easing the public transport sector’s long-running exposure to volatile fuel prices, signaling a broader shift toward integrated, low-carbon transport solutions.
DOE: Fuel prices set for big rollback next week
The Department of Energy (DOE) said fuel prices will go down next week, with minimum rollbacks estimated at ₱4.43 per liter for gasoline, ₱20.89 for diesel, and ₱8.50 for kerosene.
