Energy & Mining

Meralco secures 370 MW EPSA from Aboitiz subsidiary

The Manila Electric Co. (Meralco) has secured another 370-megawatt (MW) power supply contract from Aboitiz Power subsidiary Therma Luzon Inc. (TLI) under an emergency...

Luzon, Visayas WESM rates rise even as Mindanao spot prices fall

The price of electricity at the Wholesale Electricity Spot Market (WESM) in Luzon and the Visayas proved expensive in the first three weeks of...

Chevron, Global Business Power renew collaboration 

Chevron Philippines Inc. (CPI), marketer of the Caltex brand of fuels and lubricants, has renewed its fuel supply deal with Global Business Power Corporation (GBP). Chevron supplies...

Magat dam retrofitting seen completed in a year

The ongoing retrofitting of the Magat dam spillway and bridge in Ramon, Isabela will take at least a year to complete, according to the...

Fuel price cuts still show gasoline as net increase of P9 per liter

Starting 12:01 AM, 25 April 2023, local oil retailers implement a rollback in the cost of petroleum products after last week’s mixed price adjustments. Seaoil cut its per liter price by P1.40 for...

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