Oil prices are set to end 2023 about 10 percent lower, the first annual decline in two years, after geopolitical concerns, production cuts and global measures to rein in inflation triggered wild fluctuations in prices.
The Manila Electric Company (Meralco) reminds the public to observe electrical safety as preparations for the New Year go on full swing to ensure a bright and accident-free celebration.
ACEN Corp., the listed renewable energy arm of the Ayala Group, said Thursday its board approved several subscription contracts that will pour a total P12.86 billion in fresh investments to a number of wholly-owned subsidiaries mainly pursuing solar and wind farm projects.
First Gen Corp. and Prime Infrastructure Capital Inc. have executed a 15-year terminal lease agreement involving FGEN LNG’s liquefied natural gas storage and regasification terminal in Batangas City.