Energy & Mining
Marcos EO 122 sets unified critical minerals policy, links mining growth to shared national progress
President Ferdinand R. Marcos Jr. has issued Executive Order No. 122, establishing for the first time a single national policy framework to develop the country’s critical minerals sector—an action designed to position the country as a key player in the global clean-energy and technology supply chain while delivering broad economic and social benefits for Filipinos. Signed August 21, the order also restructures the Mining Industry Coordinating Council (MICC) to drive coordinated, strategic growth across the industry.
Vivant’s COREnergy to supply 0.6MW power to Cebu’s JEG Tower under 2-year fixed-rate deal
COREnergy, the energy retail subsidiary of listed firm Vivant Corp., has secured a contract to supply 0.6 megawatts of electricity to JEG Tower in Cebu City, marking a key expansion of its commercial client base and advancing its parent group’s broader energy investment and growth targets.
Low conviction rate in power theft cases fuels reform push; DOE proposes phased removal of non-technical systems loss charges
Only 21 out of 548 electricity pilferage cases recorded since 2022 have resulted in convictions, data presented at the Senate Committee on Energy hearing on August 18 showed, revealing severe enforcement gaps under Republic Act 7832 or the Anti-Electricity and Electric Transmission Lines/Materials Pilferage Act of 1994.
JEG Tower locks two-year power rate with COREnergy
JEG Tower in Cebu City is locking in its electricity costs for two years under a new power supply deal with COREnergy, giving the commercial property greater protection against price volatility while improving control over a major operating expense.
Light Fuels expands into Negros Oriental
Top Line Business Development Corp. is taking its Light Fuels retail network beyond Cebu, opening five renovated and rebranded fuel stations in Negros Oriental as it seeks to build a wider presence across the Visayas.
