Energy & Mining
Meralco works to restore power as floods hit
About 98,000 Meralco customers remained without electricity as of 10 a.m. Sunday as the enhanced southwest monsoon triggered flooding and damaged power facilities in several areas.
MAP calls for tougher power rules to cut costs
The Management Association of the Philippines (MAP) is pressing the government for deeper power sector reforms, arguing that lowering electricity costs will require more than trimming system loss charges and should include tougher enforcement, performance-based regulation, and stronger energy efficiency measures.
Oriental Petroleum gets nickel exploration area in Dinagat Islands
Oriental Petroleum and Minerals Corp. has secured the designation of a 505-hectare exploration area in Loreto, Dinagat Islands, as it expands its mineral exploration...
CREC solar project aims to lower Pampanga power bills
Citicore Renewable Energy Corp. (CREC) and Pampanga I Electric Cooperative (PELCO I) have begun construction of a 41-megawatt-peak embedded solar facility with battery storage, a project that could help reduce electricity costs and system losses while strengthening energy security in Pampanga.
DMCI profit jumps as mining, power offset Maynilad drag
DMCI Holdings Inc. posted stronger second-quarter earnings as record contributions from its nickel mining business and resilient results from its power, real estate and construction units more than offset a weaker contribution from Maynilad Water Services following the utility's initial public offering.
