Energy & Mining
Fuel prices seen rising again amid Middle East tensions
Local fuel prices are expected to increase again this week, with possible further spikes due to worsening tensions in the Middle East.
First Gen to power Alabang properties with geothermal energy
Leading renewable energy provider First Gen Corporation has signed a deal to supply geothermal power to two major properties in Filinvest City, Alabang.
OPEC+ considers hiking daily oil output
The Organization of the Petroleum Exporting Countries is reportedly weighing a significantly larger oil production increase at its meeting Sunday, as escalating military conflict in the Middle East rattles global energy markets.
Movem, Rockwell power up Makati
Movem, the e-mobility arm of Manila Electric Co. (Meralco), has teamed up with Rockwell Property Management Corp. to launch five electric vehicle (EV) charging stations at Edades Tower and Edades Suites in Rockwell Center.
Leviste puts 16% stake in MGen Renewable Energy up for sale to foreign investor
Meralco Power Gen Corp. (MGen) announced that Batangas First District Congressman Leandro Leviste is offering his remaining stake in MGen Renewable Energy Holdings Inc. to a foreign investor.
