Energy & Mining
Oil prices surge amid Hormuz power struggle
Oil markets jolted higher Thursday as geopolitical tensions in the Strait of Hormuz escalated, with Iran and the US both asserting control over one of the world’s most critical energy chokepoints.
Rockport Power, King Global partner to cut energy costs
Local electricity supplier Rockport Power Inc. has partnered with Filipino manufacturer King Global Sanitary Products to supply energy for its operations.
FDC Green solar project cleared for operations
DC Green Energy Corp. (FDC Green), a wholly owned subsidiary of Filinvest Group’s utility arm FDC Utilities, Inc. (FDCUI), has secured a Certificate of Compliance (COC) from the Energy Regulatory Commission (ERC) for its 20.774-megawatt peak (MWp) ground-mounted solar facility at the PHIVIDEC Industrial Estate, signaling readiness to supply power to the grid.
DOE assures stable power supply in Catanduanes
The Department of Energy (DOE) said the government is taking immediate steps to ensure a steady power supply in Catanduanes amid ongoing challenges faced by local power provider Sunwest Water and Electric Co. (Suweco).
ERC orders Meralco to speed up P14.17B refund to customers
The Energy Regulatory Commission (ERC) has issued a final decision directing Manila Electric Company (Meralco) to fast-track the refund of P14.17 billion to its customers.
