Energy & Mining

SMC Global Power approves up to P30B bond issuance

San Miguel Global Power Holdings Corp., the power generation arm of San Miguel Corp., has approved the issuance of up to P30 billion worth of peso-denominated bonds, underscoring its continued access to capital markets as it expands its energy portfolio.

Fuel prices rise for fifth straight week as global tensions push costs up

Retail fuel prices will go up again this week, marking the fifth consecutive week of increases in 2026. Starting Tuesday morning, gasoline and kerosene prices will increase by ₱0.60 per liter, while diesel will rise by ₱1 per liter.

Aboitiz pushes deeper energy privatization drive

Aboitiz Group is doubling down on energy privatization, arguing that private capital and operational expertise are essential to securing the Philippines’ power future. The position comes as a consortium led by Aboitiz formally took over the Caliraya–Botocan–Kalayaan (CBK) hydroelectric power plant, one of the country’s most strategic energy assets.

Wilmar Philippines switches to geothermal power in major decarbonization move

Wilmar Edible Oils Philippines Inc. has taken a major step toward cutting its carbon emissions by shifting to geothermal energy for its operations, marking a key milestone in its decarbonization efforts.

Fifth fuel price hike in series expected this week

Fuel prices are set to rise for a fifth straight week, adding more pressure on businesses and households already dealing with higher costs.

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