Energy & Mining

Retail fuel oil prices down after mixed adjustments

Beginning Tuesday, fuel oil retailers rollback prices after only a week of mixed price adjustments. Seaoil and Caltex have cut their liter price by P1.20 for gasoline, P1.85 for diesel and P2...

Meralco owns having only 670 MW in new PSA

Power distributor Meralco on Monday bared receiving new offers totaling 670 megawatts (MW) gbut ood for only a year to replace that lost in...

Price correction tool at WESM seen resolved in Q3

The Energy Regulatory Commission (ERC) commits to have thoroughly evaluated and resolved the proposed changes to the secondary price cap (SPC) mechanism governing price movements at the Wholesale Electricity Spot Market (WESM).

San Miguel Global terminates power supply deal with Meralco

Listed power distributor Manila Electric Co. said Monday that San Miguel Global Power has submitted on Friday a notice of termination of the 2021 power supply deal covering 1,800 megawatts.

DOE looks to attract 11,610 MW of renewable energy under GEA 2

The Department of Energy (DOE) looks to attract as much as 11,610 megawatts (MW) in renewable energy at the second Green Energy Auction (GEA) that will be conducted in June.

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