Energy
Gasoline, diesel, kerosene set for big price hike
The various fuel retailers will raise the price of petroleum products this week, with gasoline up by P1.70 per liter, diesel by P2.70, and kerosene by P2.10. The adjustments will take effect Tuesday morning, with Seaoil, Jetti, and PTT implementing the hike at 6:00 a.m., and Caltex at 6:01 a.m.
Alternergy secures Philippine Green Equity Label
Renewable power developer Alternergy Holdings Corp. has received the confirmation of qualification to carry the Philippine Green Equity Label from the Securities and Exchange Commission (SEC).
Full probe into Pagbilao Power Plant fire that killed one, injured nine
The Department of Energy (DOE) has launched a full investigation into the fire that hit Unit 3 of the Pagbilao coal-fired power plant in Quezon Province on 31 October.
AboitizPower decommissions Cebu diesel unit
Aboitiz Power Corp., the listed power generation and distribution unit of the Aboitiz Group, said its subsidiary, East Asia Utilities Corporation (EAUC), has completed the decommissioning and deregistration of its 12.4 MW Diesel Generator Unit 1 at the Bunker C-fired power plant in Mactan Export Processing Zone 1 (MEPZ 1), Lapu-Lapu City, Cebu.
RCBC backs Yuchengco solar power venture
Yuchengco-led Bugallon Green Energy Corp. (BGEC) has secured a P826-million loan facility from Rizal Commercial Banking Corp. (RCBC) to finance the 18.56-megaWatt alternating current Bugallon Solar Power Project (BSPP) in Pangasinan.
