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PXP unit secures DOE approval for SC 91

PXP Energy Corp. said its indirect subsidiary has secured the formal effectivity of a new petroleum contract covering a prospective offshore block in Palawan, marking a step forward in its upstream portfolio.

Hormuz access deal secures supply, not prices

Energy Secretary Sharon Garin said the Philippines has secured “safe and preferential access” through the Strait of Hormuz, a move aimed at reducing supply risks amid rising global tensions, but one that will not immediately lower pump prices.

Philippines weighs looser fuel rules

Facing volatile oil prices and rising energy security risks, the Philippine government is considering a temporary loosening of fuel standards to widen supply sources and ease costs.

Semirara Mining faces crucial coal contract test

Semirara Mining and Power Corp. (SMPC) is projecting confidence as it braces for a high-stakes government auction that will determine who operates the country’s largest coal mine beyond 2027.

VinFast charges ahead by fixing EV barriers

Range anxiety and steep upfront costs remain the biggest speed bumps to electric vehicle (EV) adoption among Philippine businesses, industry leaders said at the first B2B EV symposium hosted by VinFast Philippines last Friday, February 13, in Parañaque.

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Ube industry gets boost as DA-BPI distributes 60,000 planting materials

The Department of Agriculture through the Bureau of Plant Industry (BPI) has launched a large-scale program to expand the country’s ube (purple yam) industry, distributing over 60,000 planting materials worth nearly ₱2.6 million to 900 farmers in Bohol and Leyte. This is BPI’s first major ube planting material distribution under the High Value Crops Development Program, implemented in partnership with the Philippine Root Crop Research and Training Center (PhilRootcrops).

Integrated rail and road train system proposed to boost PH food security and economy

Investment banker Francis Yuseco has submitted a proposal to the Public Private Partnership (PPP) Center and Asian Development Bank (ADB) to combine high-speed passenger rail (capable of 300–400 km/h) with Philtrak’s patented road train technology for cargo transport.

Megaworld eyes 10,000 rooms amid expansion

Megaworld Hotels & Resorts is laying out more welcome mats across the country.

Communities, PPPs seen powering UHC progress

Universal Health Care may be crafted in policy halls, but its success will ultimately be determined in barangays, clinics and communities where patients seek care every day.

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