Energy
Razon’s Prime Infra finalizes deal to buy 60% of First Gen gas units
First Gen Corp., the listed power generation arm of the Lopez Group, has finalized a deal to sell a 60 percent stake in its Batangas-based natural gas businesses to Prime Infrastructure Capital Inc., owned by tycoon Enrique Razon.
ERC leadership vacuum raises alarm among energy stakeholders
The resignation of Energy Regulatory Commission (ERC) Chairperson Monalisa Dimalanta has sparked serious concerns across the Philippine energy sector, with key groups warning of a destabilizing leadership vacuum at a critical regulatory agency.
Aboitiz Power to build 30-MW battery storage system in Mactan ecozone
Aboitiz Power Corp. subsidiary East Asia Utilities Corp. (EAUC) is set to develop a 30-megawatt hybrid battery energy storage system (BESS) at the Mactan Economic Zone, targeting completion by the first half of 2026.
Dagohoy solar plant begins commercial operations in Bohol
PetroEnergy Resources Corp. (PERC) announced that its 27.121 MW Dagohoy solar power plant in Bohol has officially commenced commercial operations as of Wednesday, 16 July 2025.
Fuel prices surge after Red Sea attacks
Motorists will face higher fuel costs starting today, Monday, as oil companies roll out significant price hikes at the pumps following renewed terror attacks in the Red Sea and signs of firm global petroleum demand.
