Energy & Mining

Luzon, Visayas WESM rates rise even as Mindanao spot prices fall

The price of electricity at the Wholesale Electricity Spot Market (WESM) in Luzon and the Visayas proved expensive in the first three weeks of...

Chevron, Global Business Power renew collaboration 

Chevron Philippines Inc. (CPI), marketer of the Caltex brand of fuels and lubricants, has renewed its fuel supply deal with Global Business Power Corporation (GBP). Chevron supplies...

Magat dam retrofitting seen completed in a year

The ongoing retrofitting of the Magat dam spillway and bridge in Ramon, Isabela will take at least a year to complete, according to the...

Fuel price cuts still show gasoline as net increase of P9 per liter

Starting 12:01 AM, 25 April 2023, local oil retailers implement a rollback in the cost of petroleum products after last week’s mixed price adjustments. Seaoil cut its per liter price by P1.40 for...

1,200 MW SMC unit looks to win Meralco power contract

San Miguel Corp. (SMC) subsidiary San Miguel Global Power Holdings Corp. (SMCGP) looks to service the power requirements of the Manila Electric Co. (Meralco)...

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