Energy
Vivant reports 4% net income expansion in 2024
Vivant Corp. has posted a 4 percent increase in net income attributable to equity holders, reaching P2.4 billion in 2024, up from P2.3 billion in 2023.
Fuel retailers adjust prices higher following three-week decline
Petroleum retailers on Monday raised fuel prices across the board, with gasoline increasing by P1.10 per liter and both diesel and kerosene rising by P0.40 per liter.
PH advances nuclear energy plans amid growing power demand
The sustained push to incorporate nuclear energy into the country's power generation mix is gaining momentum, with recent partnerships between the government, local academe, and U.S.-based organizations.
First Gen reports 12% drop in 2024 net income to USD245M
First Gen Corporation, the Lopez Group’s clean and renewable energy provider, reported a 12 percent decline in attributable recurring net income for 2024, amounting to USD245 million (P14.0 billion), compared to USD277 million (P15.4 billion) in 2023.
ERC revising time-of-use billing rules to encourage energy efficiency
The Energy Regulatory Commission (ERC) has announced plans to revisit the time-of-use (TOU) electricity billing mechanism to encourage consumers to become more energy-efficient.
