Energy & Mining

Alternergy, partner finds Tablas Strait suitable for offshore wind development

Alternergy Holdings Corp. and its venture partner Shell Overseas Investment B.V. have completed studies on the feasibility of four offshore wind energy service contracts (WESCs) obtained from the Department of Energy.

NEA tells electric cooperatives to add 1.36 million more connections over 5 years

The National Electrification Administration (NEA) has tasked all 121 electric cooperatives (ECs) around the country to observe the target connection goals set out under the five-year electrification plan of the government. 

Oil prices extend gains as Red Sea attacks disrupt supply chains

Oil prices advanced on Tuesday, extending gains from the previous session, as attacks by Yemen's Iran-aligned Houthi militants on ships in the Red Sea disrupted maritime trade and forced companies to reroute vessels.

CREC looks to generate P12.94 billion from IPO

Citicore Renewable Energy Corp., a pure-play renewable energy producer ranked as second largest solar energy generator, has filed its P12.94 billion initial public offer at the Philippine Stock Exchange. 

Filinvest and partner secure over 13 MW of solar contracts

Local conglomerate Filinvest and global low-carbon energy services provider ENGIE, will pursue projects worth a total of 13.68 megawatts (MW) of solar energy and 11,400 refrigeration tons (RT) of sustainable cooling capacity.

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