Energy & Mining

AboitizPower sells two power barges to MORE Power

Aboitiz Power Corp. has sold two mothballed power barges to Iloilo-based utility More Electric and Power Corp. (MORE Power), transferring ownership and operational control as the power sector continues to reshape its generation assets.

Benitez seeks emergency powers to fix Visayas power crisis

House Deputy Speaker and Bacolod Rep. Albee Benitez is pushing Congress to grant President Ferdinand Marcos Jr. emergency powers to tackle the Visayas power crisis.

PH to make energy security key ASEAN agenda

The Philippines will use its ASEAN chairmanship to push for stronger regional safeguards against energy supply disruptions and faster cross-border power connectivity as Southeast Asian energy ministers meet in Manila this week.

Visayas power probe pushes transparency, reliability, consumer protection 

Therma Visayas told lawmakers that it sources coal from Indonesia and uses the Indonesian Coal Index in its power supply agreements, as a House inquiry into electricity reliability in the Visayas turned attention to both supply security and pricing transparency.

Fuel prices set to rise again after brief dip, adding strain to businesses, households

Fuel prices are poised to climb higher this week, just a week after seeing a short-lived rollback, according to a local industry leader.

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