Energy & Mining
COP28 clashes over fossil fuel phase-out after OPEC pushback
Countries clashed on Saturday over a possible agreement to phase-out fossil fuels at the COP28 summit in Dubai, jeopardising attempts to deliver a first-ever commitment to eventually end the use of oil and gas in 30 years of global warming talks.
Alternergy won solar contract in Tarlac but pulls out from GEA2
Alternergy Holdings Corp. subsidiary Liberty Solar Energy Corp. (LSEC) has won a solar energy operating contract (SEOC) from the Department of Energy (DOE) that will be developed as the Apulid solar project in Paniqui, Tarlac.
Basic Energy secures service contract for Ilocos North wind farm project
Basic Energy Corp. on Thursday received from the Department of Energy the approved service contract for its planned wind farm in Ilocos Norte, a...
DOE reiterates support for sustained decommissioning of coal-fired power plants
The Department of Energy (DOE) on Wednesday reiterated its support to replace coal-fired power plants with renewable energy generators and lauded ACEN Corp. for voluntarily retiring its 246-megawatt South Luzon coal-fired power plant.
NEA granted far more loans than it projected over 11 months this year
The National Electrification Administration (NEA) extended loans to various electric cooperatives (ECs) which funded their capital expenditure programs.
