Energy & Mining
OPEC+ considers hiking daily oil output
The Organization of the Petroleum Exporting Countries is reportedly weighing a significantly larger oil production increase at its meeting Sunday, as escalating military conflict in the Middle East rattles global energy markets.
Movem, Rockwell power up Makati
Movem, the e-mobility arm of Manila Electric Co. (Meralco), has teamed up with Rockwell Property Management Corp. to launch five electric vehicle (EV) charging stations at Edades Tower and Edades Suites in Rockwell Center.
Leviste puts 16% stake in MGen Renewable Energy up for sale to foreign investor
Meralco Power Gen Corp. (MGen) announced that Batangas First District Congressman Leandro Leviste is offering his remaining stake in MGen Renewable Energy Holdings Inc. to a foreign investor.
DOE mandates energy storage for bigger renewable projects to boost grid reliability
The Department of Energy (DOE) has issued a new circular aimed at encouraging wider adoption of energy storage systems (ESS) across the country.
Davao Light now in control of Samal power distribution
The Sheriff of the Regional Trial Court in Panabo has formally taken control of the power distribution assets in the Island Garden City of Samal (IGACOS) and turned them over to Davao Light and Power Co., Inc..
