Energy & Mining
Oil prices tick up as Middle East tensions rise
Oil prices ticked higher in Asian trading as markets measured rising tensions in the Middle East against a surprise build in U.S. crude stockpiles that pushed oil benchmarks down about 80 cents in the previous session.
Manila, Jakarta sign energy cooperation agreement
The Philippines and Indonesia have committed to help each other during periods of supply constraints in energy commodities such as coal and liquefied natural gas.
SteelAsia to use solar power from TotalEnergies
SteelAsia Manufacturing Corp., the country’s largest steel company and one of the world’s largest manufacturers of rebars, will install solar power at its Meycauayan,...
Meralco power rates to increase by P0.0846 per kWh in January
Manila Electric Co. (Meralco) said Wednesday electricity rates in January have proven high as power generation costs rise.
Fuel products cost P0.10 more per liter
The various retailers have adjusted higher the cost of fuel products after a brief rollback last week.
