Energy & Mining
ACEN deepens wind project funding support
ACEN Corp. has extended further financial backing for its flagship wind development in Quezon, underscoring continued capital support for one of its largest renewable energy projects in the Philippines.
SMPC plans “sustainable mine strategy” as Semirara coal contract nears expiry
Semirara Mining and Power Corp. (SMPC) says it is preparing a sustainable mining plan as it seeks to continue operating the Semirara coal resource in Antique, even as the government moves ahead with a bidding process for the site.
Gasoline, diesel prices up; kerosene down
Motorists will see mixed fuel price changes this week, with gasoline and diesel prices going up slightly, while kerosene continues to get cheaper.
Philex flags recovery path as Silangan nears launch
Philex Mining Corporation (PSE: PX) opened 2026 with a weaker first-quarter performance but pointed to improving operations ahead, as restoration works at its Padcal mine progress and its long-delayed Silangan project moves closer to production.
ACEN funds battery project with internal loan
ACEN Corp., the renewable energy arm of the Ayala Group, has extended a short-term loan of up to P850 million to its wholly owned subsidiary, Palauig Solar 1 Inc., to support the rollout of a battery energy storage project in Zambales.
