Energy & Mining

Power prices in spot market rise 23% in March — IEMOP

Electricity prices in the country’s spot market increased sharply in March, driven by tighter supply and higher demand, according to the Independent Electricity Market Operator of the Philippines (IEMOP).

Negros Power pours P1.3B into grid upgrades; cuts outages and expands rural electrification

Negros Electric and Power Corporation (Negros Power) is seeking to accelerate its grid modernization by allocating P1.3 billion to upgrade infrastructure, expand electricity access and improve service reliability across the province. 

Trump suspends Iran attack as Pakistan brokers ceasefire

US President Donald Trump on Tuesday (Wednesday morning in Manila) suspended planned strikes on Iran after Pakistan brokered a two-week ceasefire.

Lawmaker urges urgent shift to E15 fuel blend to cut costs, save sugar industry

A Negros Occidental lawmaker is pushing for an immediate increase in the country’s ethanol-blended fuel from 10 percent (E10) to 15 percent (E15), calling it a “practical and timely” solution to rising fuel prices and the worsening crisis in the sugar sector.

Nickel Asia subsidiary provides P4.44M for Bataan power line expansion

Jobin-SQM Inc. (JSI), part of Nickel Asia Corp.’s clean energy unit Emerging Power Inc. (EPI), has handed over P4.44 million to the Peninsula Electric Cooperative (Penelco) to fund the expansion of power lines in Bataan.

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