Energy & Mining

Petroleum product prices down three weeks in a row

The various fuel retailers again cut the cost of petroleum products for the week in a series.

Small modular nuclear reactor project discontinued in the US

The push for bring compact nuclear reactors to market stumbled last week as exponents of the clean-energy technology—Utah Associated Municipal Power Systems and listed NuScale Power Corp.-- decided to terminate their decade-old Carbon Free Power Project.

First Gen secures LNG supply for 4 Batangas power plants

First Gen Corp. said Friday it has concluded the international tender for around 154,500 cubic meters of liquefied natural gas that will fuel four gas-fired power plants in Batangas.

Phoenix Petroluem widens 3Q loss but oil firm sees signs of recovery

Phoenix Petroleum Philippines Inc., the listed oil company of businessman Dennis Uy, reported Friday a wider net loss in the third quarter as sales declined, operating costs rose and financing charges ballooned.

Cemex building 10-megawatt ground-mounted solar plant with Filinvest unit

Cement manufacturer Cemex Philippines has signed a contract with Filinvest-ENGIE Renewable Energy Enterprise Inc. (FREE) to construct a 10.08-megawatt ground-mounted solar system in Naga, Cebu.

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