Energy & Mining
Oil surge rattles peso, tests policy
The Philippine peso is back under pressure as surging oil prices and geopolitical strains jolt global markets, sharpening the policy dilemma for the Bangko Sentral ng Pilipinas (BSP).
D&L material impact from Biofuels Bill minimal
A proposed measure in the House of Representatives of the Philippines could temporarily ease the country’s biofuel blending mandate as lawmakers look for tools to stabilize pump prices during periods of oil market turbulence.
DOE announces staggered oil price hike; gov’t eyes Russia oil as backup
The various fuel retailers will again stagger their oil price increases this week, according to the Department of Energy (DOE).
Robinsons Land taps geothermal power for Visayas, Mindanao malls
Property developer Robinsons Land Corporation (RLC) has partnered with First Gen Corporation to supply geothermal electricity to several of its shopping malls in the Visayas and Mindanao.
Philippines pitches takeover of nickel HPAL plant
The Philippine government is inviting foreign investors to take over a high-pressure acid leach (HPAL) nickel processing facility in Palawan that could cease operations by 2027, as officials move to preserve the country’s role in the global battery minerals supply chain.
