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.
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 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.
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.
San Miguel Corp. (SMC) subsidiaries Sual Power Inc. and South Premiere Power Corp. (SPPC) have petitioned the Energy Regulatory Commission (ERC) to collect up to P34 billion from Manila Electric Co. (Meralco) customers.