Energy & Mining

Oil inches up as US plans more strikes in Mideast, Ukraine hits Russian refinery

Oil prices nudged higher on Monday, recovering from sharp falls last week, after Washington pledged to launch further strikes on Iran-backed groups in the Middle East and as Ukrainian drones struck southern Russia's largest refinery.

Consumer frustration boils over constant power outages at Paleco

The Senate committee on energy has urged the National Electrification Administration (NEA) to take over management of the Palawan Electric Cooperative (Paleco) as consumer frustration boils over the constant occurrence of power outages in the province.

Meralco energy sales  in January likely up

The Manila Electric Co. (Meralco) said its energy sales in January this year likely grew 10 percent higher than that reported in January last year.

SN Aboitiz Power gets ERC clearance to operation 24MW Magat BESS

SN Aboitiz Power said its 24-megaWatt Magat battery energy storage system, or BESS, project has received a provisional authority to operate from the Energy Regulatory Commission last month.

Meralco subsidiary pursuing 67.75 MW solar projects in Luzon

Meralco PowerGen Corp. (MGen) renewable energy arm MGen Renewable Energy Inc. (MGreen) has awarded engineering, procurement and construction contracts to SUMEC Complete Equipment and Engineering Co. Ltd. to build its solar power plants in Luzon.

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