Energy & Mining
Raslag plans up to P3 billion capex in 2026 as it accelerates renewable energy expansion
Listed renewable energy developer Raslag Corp. plans to spend between P2 billion and P3 billion in capital expenditures this year, a sharp increase from only around P500 million last year, as it moves from project preparation to actual construction and equipment procurement.
Gov’t to push regional energy agenda as ASEAN chair, says DOE
The Department of Energy (DOE) said ASEAN senior energy officials have endorsed the group’s annual energy priorities, including the Philippines’ key proposals for its ASEAN chairmanship.
ERC approves P11.77B Claver-Siargao power interconnection project
The Energy Regulatory Commission (ERC) has approved the National Grid Corporation of the Philippines’ (NGCP) P11.77-billion Claver-Siargao Interconnection Project (CSIP), aimed at improving power supply in Siargao Island.
Visayas grid on yellow alert
The Visayas Grid was under a yellow alert from 5 to 7 p.m. Tuesday due to multiple power plants being offline, though no outages are expected.
New gas reservoir marks turning point for PH energy
The Department of Energy (DOE) said Tuesday it is closely monitoring two active drilling sites in Palawan’s Malampaya natural gas field. Initial results from the wells are expected by the end of the quarter.
