Energy
Retail oil prices down after three straight hikes
Local oil retailers on Monday implemented a price rollback after a three-week series of hikes in the cost of petroleum products.
P29.5 billion needed to light up entire country by 2028
At least P29.5 billion is needed to energize every nook and cranny of the country, according to the National Electrification Administration (NEA).
ACEN completes acquisition of Australia renewables project
ACEN, the renewable energy arm of the Ayala Group, said Thursday that its subsidiary, ACEN Renewables International, has completed the acquisition of the Australia development platform, UPC Renewables Asia Pacific Holdings.
Hydro plant sale attracts 14 bidders
The Power Sector Assets and Liabilities Management Corp. (PSALM) on Tuesday bared having attracted 14 bidders for the 165-megawatt Casecnan Hydroelectric power plant.
Power rations loom over off-grid areas
Supplying the so-called off-grid areas with electricity is proving problematic for the National Power Corporation (NPC) as it bared a budget shortfall P3.95 billion wide on Monday.
