Energy
SMPC net income falls 37% despite record coal and power output
Semirara Mining and Power Corp. (SMPC) reported a 37 percent drop in net income to P9.9 billion for the first nine months of 2025, down from P15.7 billion in the same period last year, citing lower coal and electricity prices despite record-high production and sales.
DOE moves to modernize small-scale coal mining
The Department of Energy (DOE) is updating the country's small-scale coal \mining (SSCM) program, aiming to make it more structured, transparent, and environmentally responsible. The agency said the draft framework introduces clearer rules on health and safety, labor protection, environmental safeguards, and operational accountability.
Gasoline, diesel, kerosene set for big price hike
The various fuel retailers will raise the price of petroleum products this week, with gasoline up by P1.70 per liter, diesel by P2.70, and kerosene by P2.10. The adjustments will take effect Tuesday morning, with Seaoil, Jetti, and PTT implementing the hike at 6:00 a.m., and Caltex at 6:01 a.m.
Alternergy secures Philippine Green Equity Label
Renewable power developer Alternergy Holdings Corp. has received the confirmation of qualification to carry the Philippine Green Equity Label from the Securities and Exchange Commission (SEC).
Full probe into Pagbilao Power Plant fire that killed one, injured nine
The Department of Energy (DOE) has launched a full investigation into the fire that hit Unit 3 of the Pagbilao coal-fired power plant in Quezon Province on 31 October.
