Oriental Petroleum and Minerals Corp. is gearing up for the next chapter of the West Linapacan project as its joint venture moves to secure a new petroleum service contract ahead of the current concession’s expiration.
The Manila Electric Co., the country’s largest power distribution better known as Meralco, and the Electric Vehicle Association of the Philippines (EVAP) are ramping up efforts to accelerate electric vehicle adoption, reaffirming a partnership seen as critical to building a sustainable transport future.
The Thunder Consortium has secured P35 billion in bridge loan facilities from BDO Unibank Inc. and Metropolitan Bank & Trust Co. to help finance its acquisition of the Caliraya-Botocan-Kalayaan (CBK) hydroelectric power plant complex.
The National Grid Corporation of the Philippines (NGCP) said electricity consumers will pay lower transmission charges in their December 2025 power bills, following a drop in ancillary services (AS) rates.
Spanish renewable energy company Acciona Energia has signed an engineering, procurement and construction contract with Power Construction Corp. of China for its 180-megawatt Daanbantayan solar project in Cebu.