Energy & Mining
Subic hub powers Philippines’ fuel security drive
Subic Bay’s fuel infrastructure is moving to the forefront of the Philippines’ campaign to fortify energy logistics, as new diesel imports signal a more assertive push to build buffer stocks and shield the economy from global supply shocks.
PXP unit secures DOE approval for SC 91
PXP Energy Corp. said its indirect subsidiary has secured the formal effectivity of a new petroleum contract covering a prospective offshore block in Palawan, marking a step forward in its upstream portfolio.
Pangasinan 25-MW solar project begins testing phase
A 25-megawatt solar power plant in Bugallon, Pangasinan has started its testing and commissioning phase, according to Yuchengco-led power company Petro Green Energy Corp. (PGEC).
DOE fast-tracks 128.9 MW of renewable energy projects now online
The Department of Energy (DOE) said five renewable energy projects with a combined capacity of 128.9 megawatts (MW) are now operational. This is part of its goal to bring 25 renewable energy and energy storage projects online within the month.
PH fuel supply rises to 52 days; prices seen to drop for second week
The country’s fuel supply has improved to an estimated 52.02 days as of April 17, up from 50.31 days the previous week, according to the Department of Energy (DOE).
