Energy & Mining
Laiya residents seek Meralco help to bolster growth
Residents of Laiya, a popular tourist draw in San Juan, a town at the edge of Batangas province, are calling on BATELEC II to allow Manila Electric Co. to assist in providing reliable electricity service to unlock the seaside community’s full economic potential.
Philex reserves rise as prices boost outlook
Philex Mining Corp., the country’s largest gold producer, reported an increase in mineral resources and stable proved reserves at its Padcal mine, as stronger copper and gold prices improved the project’s economic outlook.
GWEC backs offshore wind for PH energy security
Offshore wind is a long-term investment—not a quick fix—for the Philippines’ energy challenges, but one that can strengthen energy security, economic resilience, and domestic industry, according to the Global Wind Energy Council.
Fuel prices jump sharply; some oil firms drop staggered increases
Fuel prices are set to rise sharply this week, with Jetti Petroleum Corp. announcing a one-time increase starting Tuesday. Gasoline prices will go up by ₱8 per liter, while diesel will increase by ₱18 per liter. The company said it can no longer spread adjustments over several days and will implement the hike all at once.
PSALM plans sale of Ilocos Sur hydro plant by Q3
State-run Power Sector Assets and Liabilities Management Corp. (PSALM) is preparing to privatize the 70-megawatt Bakun hydroelectric power plant in Ilocos Sur by the third quarter of 2026.
