Energy & Mining
Meralco power rates up in May on thin supply
The Manila Electric Co. on Tuesday announced an increase of P0.4621 per kiloWatt-hour in the May electricity rate as generation charge rose on account of higher prices in spot electricity market and from power suppliers.
Retail fuel at the pumps cut some more this week
Retail fuel at the pumps are rolling back another time this week beginning Tuesday at past midnight.
PXP Energy pursues share swap worth P1.56B
PXP Energy Corp. has agreed to swap 430,243,903 of its common shares in exchange for 24,125,383 Tidemark Holdings Ltd. shares in Forum Energy Limited.
PGEC unit in 10-year energy supply pact with SN Aboitiz
Petro Green Energy Corp. (PGEC) subsidiary San Jose Green Energy Corp. (SJGEC) has signed a 10-year power supply agreement with SN Aboitiz Power Group (SNAP).
EDC secures permit for second tranche of Asean green bonds
The Energy Development Corp. (EDC) has secured authority from the Securities and Exchange Commission (SEC) to go ahead and sell fixed-rate ASEAN green bonds worth up to P10 billion.
