Energy & Mining

Retail fuel prices will go up again this week, marking the fifth consecutive week of increases in 2026. Starting Tuesday morning, gasoline and kerosene prices will increase by ₱0.60 per liter, while diesel will rise by ₱1 per liter.

Aboitiz Group is doubling down on energy privatization, arguing that private capital and operational expertise are essential to securing the Philippines’ power future. The position comes as a consortium led by Aboitiz formally took over the Caliraya–Botocan–Kalayaan (CBK) hydroelectric power plant, one of the country’s most strategic energy assets.

Wilmar Edible Oils Philippines Inc. has taken a major step toward cutting its carbon emissions by shifting to geothermal energy for its operations, marking a key milestone in its decarbonization efforts.

Fuel prices are set to rise for a fifth straight week, adding more pressure on businesses and households already dealing with higher costs.

Filinvest Development Corp. is formalizing its transition to low-carbon operations, setting a 2040 net-zero emissions target and placing renewable energy at the center of the strategy.