Energy & Mining
PXP Energy gets DOE clearance to continue Galoc oil field operations
PXP Energy Corp. has secured government approval to continue operations in the Galoc oil field in Northwest Palawan after receiving the executed Petroleum Service Contract (SC) 88 from the Department of Energy (DOE).
DOE adopts competitive bidding for renewable energy contracts
The Department of Energy (DOE) has officially adopted the Open and Competitive Selection Process (OCSP) for awarding renewable energy service contracts (RESCs), a move aimed at speeding up renewable energy development in the country.
Mixed fuel price adjustments set amid Venezuela uncertainty
The various fuel retailers will roll out mixed fuel price adjustments starting Tuesday morning. Gasoline prices will go down by P0.10 per liter, while diesel will increase by P0.20 per liter and kerosene by P0.10 per liter. Companies such as Seaoil, PTT, and Jetti will implement the changes at 6:00 a.m.
Meralco warns public vs power cable theft
Meralco on Monday renewed its warning to the public about the dangers of stealing power cables after an incident in Quezon City early Sunday disrupted electricity to nearly 8,000 customers.
Vivant locks 15-year Siquijor power deal
Vivant Energy, the power arm of Cebu-based conglomerate Vivant Corp., has secured a 15-year Power Supply Agreement to deliver a dependable new electricity source for Siquijor as the island’s energy demand accelerates.
