Tag: Gokongwei Group

The Energy Regulatory Commission (ERC) has formally approved the implementing rules governing the Department of Energy’s Mid-Merit Natural Gas Capacity Auction Program, while also opening for public consultation a new secondary price cap designed to rein in excessive costs in the country’s reserve and ancillary services market.

The impressive run of Alex Eala at the Prudential Hong Kong Open ended with a painful thud on Sunday, as a troublesome right leg proved a bigger opponent than she could handle in the championship match.

Filipino households and businesses can look forward to significant relief at the pumps this week, with a major downward adjustment in fuel costs forecast following five consecutive weeks of mixed price trends.

Chemical maker D and L Industries Inc. is more hopeful about next year following the US midterm elections, which have raised hopes for an end to the Iran conflict, lower oil prices and a stronger peso. President Alvin Lao cited these as clear positives, though he warned that damaged supply chains, a severe El Niño and domestic political tensions remain key concerns.