Energy & Mining
Semirara profit climbs as power offsets weaker coal business
Integrated energy company Semirara Mining and Power Corp. (SMPC) posted higher second-quarter earnings as a strong rebound in its power business more than compensated for weaker coal production, highlighting the benefits of its integrated business model amid volatile energy markets.
Meralco steps up smart metering upgrades to fortify distribution network
Manila Electric Company (Meralco), headed by Manuel V. Pangilinan, is pushing ahead with improvements to its Elevated Metering Transformation (EMX) as part of ongoing efforts to modernize its power distribution system.
Power theft crackdown seen key to lower electricity costs
The Federation of Philippine Industries (FPI) is calling for a tougher crackdown on electricity theft and illegal power connections, arguing that reforms to reduce consumers' electricity bills will have a greater impact if they also address long-standing inefficiencies that continue to drive up costs across the power sector.
DOE awards first PGSSP contract to Metatek for PH energy resource mapping
The Department of Energy (DOE) has given the initial contract for the Philippine Gradiometry and Seismic Survey Project (PGSSP) to global geophysical services firm Metatek.
Solane expands retail network with new Iloilo LPG showroom, terminal
Solane is expanding its retail footprint and strengthening its distribution network with the opening of a new Park N’ Order concept showroom and an integrated LPG terminal in Leganes, Iloilo, as the company invests in improving customer convenience and ensuring a more reliable supply of cooking gas in Western Visayas.
