Energy
AG&P helping power PH’s offshore wind buildout
Energy infrastructure developer Atlantic, Gulf & Pacific Co. of Manila Inc. (AG&P) has formally expressed interest in supporting the country's offshore wind (OSW) sector, according to the Department of Energy (DOE).
First Gen eyes closing P50B deal with Prime Infra in 3 Months
First Gen Corp., the power generation arm of the Lopez Group, said it expects to finalize within two to three months a deal to sell a 60 percent stake in its natural gas business to Prime Infrastructure Capital Inc., owned by billionaire Enrique Razon Jr.
GEA-3 draws over 7,500 MW in renewable energy bids
The Department of Energy (DOE) is set to announce the winning bids for the third round of its Green Energy Auction (GEA-3) by next week, a move poised to catalyze significant growth in the country’s renewable energy market.
Ilocos Norte OSW project secures environmental nod
Buhawind Energy Northern Luzon Corp. (BENLC), an affiliate of PetroEnergy Resources Corp. (PERC), has received pre-development environmental clearance from the Department of Environment and Natural Resources (DENR) to proceed with critical site studies for its 2,000-megawatt offshore wind (OSW) project in Ilocos Norte.
Fuel price hike hits motorists, but kerosene drops slightly
Motorists will face higher fuel costs starting Tuesday as gasoline prices rise by P0.40 per liter and diesel by P0.30, according to the various fuel retailers. However, kerosene users will benefit from a P0.10 per liter cut.
