Energy & Mining
Meralco 6-month core net income up 10% to P25.5B
The Manila Electric Co. (Meralco) posted a 10 percent increase in consolidated core net income for the first half of 2025, reaching P25.54 billion from P23.21 billion a year earlier, driven by robust growth in its power generation business.
Price rollback for gasoline, hikes for diesel and Kerosene; increases deferred in some areas
Motorists will see mixed fuel price adjustments at the pump starting Tuesday (July 29), with gasoline prices dropping slightly while diesel and kerosene costs rise, according to the various fuel retailers.
Alternergy hits ₱4.9B in loans for Rizal wind farm
Alternergy Holdings Corp. subsidiary Alternergy Tanay Wind Corp. has secured the third drawdown of ₱1.4 billion from its ₱5.3-billion loan facility with Bank of the Philippine Islands (BPI) and Security Bank, the company announced Sunday.
Diesel up, gasoline down: fuel price adjustments start Tuesday
Motorists and businesses can expect mixed movements in fuel prices starting Tuesday, as oil firms, including Jetti Petroleum Inc., announce adjustments that reflect recent global supply and demand developments.
Basic Energy to allot P300M for RE project pre-development
Basic Energy Corp. is preparing to invest up to P300 million over the next two to three years to fund pre-development activities for its solar and wind energy projects, according to company president and CEO Oscar De Venecia Jr.
