Energy & Mining
Marcos pushes EPIRA overhaul to lower electricity costs
President Ferdinand Marcos Jr. on Monday called for an immediate overhaul of the Electric Power Industry Reform Act (EPIRA), making lower electricity prices a centerpiece of his energy agenda while betting on natural gas, hydrogen and nuclear power to strengthen the country's long-term energy security.
Fuel prices set to rise by up to P7.32 per liter this week
The Department of Energy (DOE) has confirmed another round of across-the-board fuel price increases taking effect this week, with gasoline set to go up by P6.80 per liter, diesel by P7.32 per liter, and kerosene by P4.22 per liter.
Vena Energy gets $310M for 500 MW Pangasinan solar project
Vena Energy has secured around $310 million in financing from eight international banks for its 500 MW Ixus Bugallon solar project in Pangasinan, reaching full financial close.
Vivant retail arm signs 20-MW power deal with FDC Misamis
COREnergy, the retail electricity arm of Vivant Energy, has sealed a two-year power supply agreement with FDC Misamis Power Corp. for 20 megawatts of baseload power to serve contestable customers.
DOE opens bidding guidelines for Mindanao-focused renewable energy auction
The Department of Energy has released the terms of reference for the seventh round of the Green Energy Auction, which will prioritize renewable energy projects in Mindanao.
