Energy
Fuel price rollback eases cost for motorists
The various fuel retailers on Monday announced a price rollback effective Tuesday morning, cutting gasoline prices by P0.10 per liter and kerosene by P0.50 per liter.
Electricity prices soar 95.5% in March, adding pressure on consumers amid supply strain
The average price of electricity sold at the Wholesale Electricity Spot Market (WESM) skyrocketed by 95.5 percent in March, signaling a strain on the Philippine energy market due to rising demand and tightening power supply.
Stable power assured for summer and elections, but risks of shortfalls remain
The Department of Energy (DOE) has assured the public that power supply during the summer months and upcoming elections remains stable.
Fuel prices rise by P1+ per liter this week
Fuel prices surge across the board this week, with gasoline increasing by P1.40 per liter and both diesel and kerosene rising by P1.20 per liter.
ACEN secures P34.41B Loan for Quezon-Laguna wind farm
ACE Corp., the renewable energy arm of the Ayala Group, announced that its subsidiary, GIGA ACE 6 Inc., has secured a loan of up to P34.41 billion to finance its 344.5-megawatt onshore wind power project, which spans towns in Quezon and Laguna.
