Energy & Mining
Diesel prices seen dropping further; gasoline may edge up
A local fuel retailer said diesel prices are expected to go down again this week, with possible rollbacks of around ₱8 to ₱10 per liter.
PNOC seeks advisor for fuel reserve plan; invites buyers for LPG stock
The Philippine National Oil Company (PNOC) is looking for a transaction advisor to help with the government’s planned strategic fuel reserve program.
Oil prices surge amid Hormuz power struggle
Oil markets jolted higher Thursday as geopolitical tensions in the Strait of Hormuz escalated, with Iran and the US both asserting control over one of the world’s most critical energy chokepoints.
Rockport Power, King Global partner to cut energy costs
Local electricity supplier Rockport Power Inc. has partnered with Filipino manufacturer King Global Sanitary Products to supply energy for its operations.
FDC Green solar project cleared for operations
DC Green Energy Corp. (FDC Green), a wholly owned subsidiary of Filinvest Group’s utility arm FDC Utilities, Inc. (FDCUI), has secured a Certificate of Compliance (COC) from the Energy Regulatory Commission (ERC) for its 20.774-megawatt peak (MWp) ground-mounted solar facility at the PHIVIDEC Industrial Estate, signaling readiness to supply power to the grid.
