Energy & Mining
Diesel prices stable for first time in 7 weeks
The various fuel retailers will implement mixed price adjustments starting Tuesday morning. Gasoline prices will increase by P0.30 per liter, while kerosene prices will decrease by P0.20 per liter. Diesel prices will remain steady with no changes.
New 40-MW power deal boosts Palawan electricity
The Palawan Electric Cooperative (Paleco) and Vivant Energy Corp., through its subsidiary Delta P Inc., have started implementing a 40-megawatt (MW) power supply agreement in Puerto Princesa City, Palawan.
Electricity rates up in October, says Meralco
After a brief reprieve last month, consumers will once again see higher electricity bills. The Manila Electric Company (Meralco) announced an increase of P0.2331 per kilowatt-hour (kWh) for October, bringing the overall rate for a typical household to P13.3182 per kWh, up from P13.0851 per kWh in September.
DOE eyes 6 more petroleum deals
The Department of Energy (DOE) is reviewing at least six more potential petroleum service contracts (PSCs), signaling continued momentum in the country’s energy exploration efforts.
Fuel prices to see mixed adjustments on Tuesday
Mixed movements in local fuel prices are expected starting Tuesday, according to Jetti Petroleum Inc., with gasoline prices projected to rise by P0.20 to P0.40 per liter, while diesel prices may either remain unchanged or drop by P0.20 per liter.
