Energy & Mining
Alternergy taps 3 investment houses for P12B project funding
Listed renewable power firm Alternergy Holdings Corp. said Monday it has engaged three local investment houses to arrange a P12 billion project finance structure to bankroll two wind projects won in the Department of Energy’s Green Energy Auction 2.
Oil prices fall as Russia, Saudi Arabia expected to boost supply
Oil prices fell in early trade on Friday after a recent rally, as profit-taking and expectations of supply increases by Russia and Saudi Arabia outweighed forecasts of positive demand from China during its Golden Week holiday.
Vivant Corp. unit signs 20-year deal to buy electricity from Samal solar farm
Vivant Corp. said Thursday one of its indirect renewable energy retail subsidiaries has signed a 20-year deal to buy electricity from Samal Solar Renewable Energy Corp., a company building a solar farm with a total capacity of 52 megaWatts-direct current.
Citicore secures RE contract with Clark power distributor
Citicore Renewable Energy Corp. (CREC) has agreed to supply Clark Electric Distribution Corp. (CEDC) an initial 7.5 megawatts (MW) worth of electricity.
Oil prices climb as markets focus on supply tightness
Oil prices rose by more than $1 a barrel on Wednesday as markets focused on supply tightness heading into winter and a "soft landing" for the US economy.
