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Sunday, 11 May 2025, 4:32 pm

    Energy

    DOE greenlights Philodrill stake hike in Galoc oil field 

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    The Department of Energy  (DOE) on Tuesday approved Philodrill Corporation’s increased participation in the Galoc oil block under government service contract (GSC) 14C1. Philodrill hiked its...

    ERC declares COA national agency champion for net metering

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    More participants are seen joining the so-called net-metering program as the Energy Regulatory Commission (ERC) recognized the Commission on Audit (COA) a national agency...

    Petroleum products up by more than P2 per liter

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    Local oil retailers again implement a big-time adjustment in the sale of petroleum products starting Tuesday after last week’s mixed price adjustments.

    BDO funds another 6-MW biomass power plant

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    BDO Unibank Inc. partners with Surallah Power Generation, Inc. in developing a power generation plant in Palawan using biomass technology. “BDO is very supportive of...

    ACEN receives feasibility study grant for Australian pumped hydro project

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    The clean energy company said that if found feasible, the project will start construction in 2025 and should be operational before 2030. The project is a large-scale, long duration renewable energy storage facility meant to support several nearby wind and solar assets. 
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    Context.ph is a business news and features website based in the Philippines. Our goal is to provide readers easily digestible articles to help people better understand the news and make informed decisions.

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    RCR eyes triple asset growth in 3 years

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    RL Commercial REIT Inc. (RCR), the publicly listed real estate investment trust backed by property giant Robinsons Land Corp. (RLC), is setting its sights on tripling its asset base over the next three years as part of an aggressive growth plan backed by its sponsor.
    Energy

    ERC greenlights NGCP’s ₱1.63B Ilocos substation project

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    The Energy Regulatory Commission (ERC) has approved the National Grid Corporation of the Philippines’ (NGCP) 230-kilovolt  Pinili substation project, a ₱1.63-billion infrastructure initiative aimed at strengthening the country’s transmission network and supporting renewable energy (RE) integration in the Ilocos region.
    Energy

    Meralco nears completion milestones of energy projects in Singapore, PH

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    Meralco affiliate Pacific Light Power Pte. Ltd. (PLP) is on track to complete its 600-megawatt (MW) natural gas-fired power plant in Jurong Island, Singapore by January 2029, signaling a major step in the company’s regional expansion.
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