Energy & Mining
Mixed fuel prices seen this week
Consumers can expect mixed fuel price adjustments this week as oil companies and the Department of Energy (DOE) offer differing forecasts based on recent global trading trends.
Meralco on full alert as Tropical Storm Ramil hits Luzon
The Manila Electric Company (Meralco) has placed its crews on full alert as Tropical Storm Ramil (international name: Fengshen) continues to sweep across Luzon, bringing strong winds and heavy rains to areas within its franchise.
DOE clarifies exceptions to coal plant moratorium
The Department of Energy (DOE) has clarified which coal-fired power projects can still move forward despite a moratorium on new coal developments in place since December 2020.
DOE adds 100 MW for run-of-river hydro FIT incentive
The Energy Regulatory Commission (ERC) under the Department of Energy (DOE) has allocated an additional 100 megawatts (MW) of capacity for run-of-river (ROR) hydro projects under the feed-in-tariff (FIT) scheme.
DOE cancels NAC geothermal contract over missed milestones
The Department of Energy (DOE) has formally terminated the Geothermal Renewable Energy Service Contract for the Montelago project in Oriental Mindoro, citing the failure of Mindoro Geothermal Power Corp. (MGPC) to meet key development milestones.
