Energy & Mining

Only 30 percent received bids at renewable energy auction

Only 30.9 percent or 3,580.76 megawatts (MW) of renewable energy (RE) capacity of the 11,600 MW made available by the Department of Energy (DOE)...

Oil firms rollback prices

Oil companies are implementing a reduction in the price of oil products at the pumps beginning past midnight Monday. Seaoil reduced by P0.70 per liter the price of...

Alterenergy appoints tax expert as adviser Energy

Listed firm Alternergy Holdings Corp. has appointed Maria Victoria Españo, former chairperson of Punongbayan and Araullo Grant Thornton, as board advisor. Españo is a multiple...

Transition to renewable energy on target; coal still top power source

The country’s installed on-grid power grew 5 percent in 2022 compared to 2021, with coal still dominating the power mix, according to the Department...

Aboitiz Group assessing cofiring options in power generation with Japan’s help

Aboitiz Power Corp. will pursue studies assessing decarbonization strategies including the feasibility of co-firing ammonia in coal plants and hydrogen in liquefied natural gas...

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