Energy & Mining
GWEC backs offshore wind for PH energy security
Offshore wind is a long-term investment—not a quick fix—for the Philippines’ energy challenges, but one that can strengthen energy security, economic resilience, and domestic industry, according to the Global Wind Energy Council.
Fuel prices jump sharply; some oil firms drop staggered increases
Fuel prices are set to rise sharply this week, with Jetti Petroleum Corp. announcing a one-time increase starting Tuesday. Gasoline prices will go up by ₱8 per liter, while diesel will increase by ₱18 per liter. The company said it can no longer spread adjustments over several days and will implement the hike all at once.
PSALM plans sale of Ilocos Sur hydro plant by Q3
State-run Power Sector Assets and Liabilities Management Corp. (PSALM) is preparing to privatize the 70-megawatt Bakun hydroelectric power plant in Ilocos Sur by the third quarter of 2026.
Alternergy switches on Nueva Ecija hydro plant
Renewable energy firm Alternergy Holdings Corporation has begun commercial operations of its 5-megawatt Dupinga run-of-river hydro power plant in Gabaldon, Nueva Ecija, marking its second facility to go online this year.
Diesel prices seen soaring again; temporary return of cheaper fuel approved
Fuel prices across the country are expected to rise sharply this week, with diesel likely to see another double-digit increase, according to a local fuel retailer.
