Energy & Mining
Fuel cost drops after weeks of steep hikes
Fuel prices will finally go down this week following three consecutive weeks of sharp increases, a top industry official confirmed Sunday.
Malampaya gas return cuts power costs
The return of indigenous Malampaya natural gas to the 1,200-megawatt Ilijan Power Plant in Batangas is expected to slash electricity generation charges by about 36 centavos per kilowatt-hour, offering much-needed relief to consumers while cutting foreign fuel dependence.
Oakridge Realty expands clean energy partnership with First Gen for two Cebu solar projects
Cebu-based property developer Oakridge Realty Development Corporation (ORDC) has broadened its partnership with the First Gen Group through a new agreement covering rooftop solar installations at its Mantlewood Town Center and the final rollout of solar facilities at Oakridge Business Park. Officials from both firms signed the deal on September 23.
ACEN closes 10% stake sale in India solar project
ACEN Corp., the renewable energy arm of the Ayala Group, has completed the first step in its planned divestment of up to 49 percent...
Alternergy earnings gain as new capacity nears
Alternergy Holdings Corp. is starting to see the payoff from its renewable energy buildout, with revenue and operating earnings jumping in fiscal 2026 as new capacity came online and bigger projects moved closer to commercial operations.
