Energy & Mining
Bishops oppose SOCOTECO II-Ignite power deal, seek board suspension
Catholic bishops have joined mounting opposition to the proposed joint venture between South Cotabato II Electric Cooperative (SOCOTECO II) and Ignite Power and Energy Holdings, urging the Ombudsman to suspend cooperative board members facing complaints over the controversial deal.
Alsons Power expands Visayas footprint with Cebu deal
Alsons Power Group is pushing deeper into the Visayas, winning Japanese-affiliated manufacturer Makoto Metal Technology Inc. (MMTI) as a retail electricity customer for its two plants in Cebu.
Philippine Racing Club enters renewable energy sector
Philippine Racing Club Inc. is moving into renewable energy as the listed company diversifies beyond its former horse-racing business and expands its focus on real estate and other investments.
Court clears way for SOCOTECO II plebiscite on IGNITE deal
The Regional Trial Court in Polomolok, South Cotabato, has lifted a temporary restraining order (TRO) blocking the plebiscite on the proposed joint venture between South Cotabato II Electric Cooperative (SOCOTECO II) and IGNITE Power and Energy Holdings Inc., clearing the way for member-consumer-owners (MCOs) to vote on the deal.
Shell, Yanson renew fuel deal for bus operations
Shell Pilipinas Corp. and the Yanson Group of Bus Companies have renewed their fuel supply agreement for the second half of 2026, securing continued fuel and fleet support for bus operations across major routes in the Philippines.
