Energy
Oil prices up third week in a series
Local oil retailers have implemented a price increase in the cost of petroleum products for a third time in a series.
Raslag moves to develop 4th solar farm, eyes 2024 completion
Raslag Corp., a Pampanga-based renewable energy corporation listed on the stock exchange, said Monday its board approved several contracts for the development of its fourth solar farm, the 35.2-megaWatt-peak Raslag 4.
LNG import terminal projects completion remain on track
The development of two liquified natural gas (LNG) import terminals are seen completed this year as scheduled, according to the Department of Energy (DOE).
ACEN Building 60MW Solar Farm In Pangasinan, Takes Stake In SP New Energy
ACEN, the listed energy company of the Ayala Group, will soon begin building the 60-megaWatt Pangasinan Solar farm, the listed power firm’s first development in the province and the second solar farm to start a major construction this year.
300 MW Meralco, AboitizPower EPSA ends
The power distributor Manila Electric Co. (Meralco) is now compelled to temporarily procure supply from the Wholesale Electricity Spot Market (WESM) as the contracted emergency power supply agreement (EPSA) with Aboitiz Power Corp. worth 300 megawatts (MW) ended on Wednesday.
