Energy & Mining

Fuel price at the pumps rise yet again

Retailer Seaoil has scheduled an increase in the price of its gasoline by P0.30 per liter, P0.70 for diesel and P0.80 for kerosene beginning past midnight Tuesday.

DOE extends OCSP-4 by another month for RE bidders

The Department of Energy (DOE) has extended the deadline for the submission of bids under the fourth open and competitive selection process (OCSP-4) to September 28.

MERALCO increases renewable energy share in portfolio 

The Manila Electric Company (Meralco) has reaffirmed its commitment to source an increasing portion of its supply portfolio from renewable energy (RE) as part of its long-term sustainability strategy.

Oil heads for weekly fall on demand worries, dollar strength

Oil prices fell slightly in early Asian trade on Friday, on track for a weekly decline as weak manufacturing activity hurt the global demand outlook and the dollar remained buoyant.

PNOC-EC seeks participation in Cadlao oil field off Palawan

State-run PNOC Exploration Corp. (PNOC-EC) is in advanced discussions to participate in drilling for oil and gas production in northwest Palawan under service contract (SC) 6B.

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