Energy & Mining
PXP Energy widens Q1 loss, eyes oil prospects
PXP Energy Corporation reported a wider first-quarter loss as higher financing costs and weaker crude prices offset modest revenue gains, while signaling a continued push to rebuild its upstream portfolio amid maturing assets.
EvoEnergi to supply power to 224 McDonald’s PH stores
Local electricity supplier EvoEnergi has been chosen to provide 22 megawatts of power to 224 McDonald’s stores in Luzon, the companies announced Wednesday.
Fuel prices seen to rise after UAE exit from OPEC
Fuel prices in the Philippines may increase next week following the United Arab Emirates’ exit from Organization of the Petroleum Exporting Countries, according to a local fuel retailer.
Lawson taps ACEN RES to power Philippine store operations
Lawson Philippines is shifting part of its operations to renewable energy after signing a retail electricity supply agreement with ACEN RES, marking a step toward greener and potentially lower-cost store operations.
Ilocos Norte, ACEN roll out solar access program
The Provincial Government of Ilocos Norte has launched a first-of-its-kind campaign to bring rooftop solar to households, partnering with ACEN and GCash to make clean energy more accessible and affordable.
