Energy & Mining
NexGen Energy boosts stake in SPARC, eyes expansion in solar portfolio
NexGen Energy Corporation (PSE:XG), a leading player in the renewable energy sector, has increased its stake in its subsidiary, Solar Powered Agri-rural Communities Corp. (SPARC), by subscribing to an additional 80 million common shares.
First Gen secures permit for Batangas LNG Terminal
First Gen Corporation has received a crucial permit from the Department of Energy (DOE) for its Batangas LNG project, paving the way for the operation and maintenance of its interim offshore liquefied natural gas (LNG) terminal.
DOE excludes run-of-river projects from GEA-3, sets new auction targets for renewable energy
The Department of Energy (DOE) on Monday said 75 megawatts (MW) of run-of-river hydro projects will no longer be included in the upcoming third round of the Green Energy Auction (GEA-3).
ERC scrutinizes market impact of power deal amid consumer concerns
The Energy Regulatory Commission (ERC) on Monday said it will closely review a recent power sector transaction and assess its impact on electricity rates and competition, with particular focus on market share limits.
Fuel price hikes mark start of 2025: China’s economy, supply constraints drive up costs
Fuel prices rise beginning Tuesday as retailers pass on price hikes of all major petroleum products, marking the first increase of the year.
