Energy & Mining
PSALM receives initial payment for its Sucat properties
The Power Sector Assets and Liabilities Management Corp. (PSALM) on Tuesday bared receipt of P5.176 billion from the Department of Transportation (DOTr) as payment for the purchase of properties in Sucat, Paranaque.
Fuel prices more expensive beginning Tuesday
Increases in fuel prices at the pumps are now on its fifth iteration in a series.
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.
