Energy & Mining
Alsons generates P1.15B from latest commercial paper sale
Alsons Consolidated Resources Inc. (ACR) successfully raised P1.15 billion from the third round of a total P3 billion worth of commercial paper sale program.
ACR...
Barely enough power for industry, households forecast in 2024
Power industry leaders have warned of inadequate power supply next year, saying there is barely enough for the country' requirements given no new power plants coming online anytime soon.
Diesel, kerosene prices up after three straight weeks of rollback
After three weeks of price rollbacks, fuel retailers are raising the cost of diesel and kerosene again beginning Tuesday.
Seaoil has increased its per liter price...
Aboitiz Power eyes expanding renewables portfolio with P50B capex for 2024
Aboitiz Power Corp. has set aside as much as P50 billion for next year as capital expenditures.
Pricing discussions force GEA-3 resetting to early 2024
The third round of the green energy auction or GEA-3 has been rescheduled to the first quarter next year to allow the Energy Regulatory Commission (ERC) to rework its pricing mechanism.
