Energy
Fuel prices to see mixed adjustments on Tuesday
Mixed movements in local fuel prices are expected starting Tuesday, according to Jetti Petroleum Inc., with gasoline prices projected to rise by P0.20 to P0.40 per liter, while diesel prices may either remain unchanged or drop by P0.20 per liter.
Davao Light sets aside P1B for Nordeco asset acquisition amid franchise expansion
Davao Light and Power Co., a subsidiary of the Aboitiz Group, is preparing at least P1 billion to acquire the assets of Northern Davao Electric Cooperative Inc. (Nordeco) as part of its planned operational takeover.
PXP secures 3 new petroleum exploration deals
PXP Energy Corp. has secured participation in three of the eight newly signed Petroleum Service Contracts (SCs) under the Marcos administration, bolstering its position in the country’s upstream oil and gas exploration sector.
DOE unveils new petroleum exploration projects
The Department of Energy (DOE) has launched eight new petroleum service contracts (PSCs) in a renewed push to strengthen the Philippines’ energy independence and reduce reliance on imported fuel.
Mets cold storage shifts to RE with First Gen
Mets Cold Storage Services, Inc. has signed a supply agreement with First Gen Corp. to shift its cold storage facility in Cagayan de Oro to renewable energy, marking a major move toward sustainable operations.
