Energy & Mining
Phoenix Petroluem widens 3Q loss but oil firm sees signs of recovery
Phoenix Petroleum Philippines Inc., the listed oil company of businessman Dennis Uy, reported Friday a wider net loss in the third quarter as sales declined, operating costs rose and financing charges ballooned.
Cemex building 10-megawatt ground-mounted solar plant with Filinvest unit
Cement manufacturer Cemex Philippines has signed a contract with Filinvest-ENGIE Renewable Energy Enterprise Inc. (FREE) to construct a 10.08-megawatt ground-mounted solar system in Naga, Cebu.
EU funded program to speed up Mindanao electrification
The National Electrification Administration (NEA) is optimistic of the successful pursuit of its I-PURE or Integration of Productive Uses of Renewable Energy program in Mindanao and deepen further the island's electrification rate of only 80 percent at the moment.
Meralco formalizes agreement with American nuclear energy developer
The Manila Electric Co. (Meralco) has signed a cooperative agreement with American firm Ultra Safe Nuclear Corp. (USNC) looking into the possible deployment of one or more micro-modular reactor (MMR) nuclear energy systems in the Philippines.
Repower commissions 1.4MW run-of-river facility in Quezon
Repower Energy Development Corp., the listed pure hydropower subsidiary arm of Pure Energy Holdings Corp., said Thursday it has successfully commissioned its newest run-of-river...
