Energy
Oil prices fall on sticky inflation, bigger-than-expected US crude stock build
Oil prices fell in early Asian trade on Wednesday after a U.S. industry group reported crude stocks rose more than expected last week and as investors reined in expectations for interest rate cuts by the U.S. Federal Reserve.
SPNEC makes it to the MSCI Small Cap Index
SP New Energy Corp. has made it to the exclusive MSCI Philippines Small Cap Index, the only addition to the closely watched stock market gauge.
YGC unit installing solar rooftop facility in Mindanao
Petro Green Energy Corp. (PGEC), the listed renewable energy unit of Petro Energy Resources Corp. (PERC), has partnered with Mapúa Malayan Colleges Mindanao (MMCM) for the installation of a 360 kilowatt peak (kWp) solar rooftop facility on campus.
Australia’s Yindjibarndi people and Philippines’ ACEN forge historic partnership for renewable energy development
Australia’s First Nations Yindjibarndi people have partnered with Philippine renewables company ACEN to develop and operate renewable energy projects in Western Australia. The partnership is one of the largest Indigenous-led renewable energy initiatives in Australia, with a focus on sustainable development and economic opportunities.
Over 4,000 MW of capacity under GEA-3 set for auction this year
The Department of Energy (DOE) said Monday it will proceed with the third round of the Green Energy Auction (GEA-3) involving 4,399 megawatts (MW) of capacity.
