Energy & Mining

OPEC+ ministers meet to discuss additional oil output cuts

The OPEC+ alliance was set to hold a set of meetings on Thursday to discuss additional oil production cuts for next year to support the market, three delegates told Reuters.

Pangasinan LGU welcomes Petro Energy’s 25-MW solar farm

Petro Green Energy Corp. (PGEC) subsidiary Petro Energy Resources Corp. (PERC) has secured permits from the local government unit (LGU) of Bugallon, Pangasinan related to its 25-megawatt solar power project in the province.

Meralco seeks bidders for 1,200-MW power supply   

The Manila Electric Company (Meralco) has started the competitive selection process (CSP) for 1,200 megawatts (MW) of baseload requirement to ensure uninterrupted supply for...

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.

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