Tag: oil prices

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Retail oil prices down after three straight hikes

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Local oil retailers on Monday implemented a price rollback after a three-week series of hikes in the cost of petroleum products.

Oil prices up third week in a series

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Local oil retailers have implemented a price increase in the cost of petroleum products for a third time in a series.

Petroleum products up by more than P2 per liter

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Local oil retailers again implement a big-time adjustment in the sale of petroleum products starting Tuesday after last week’s mixed price adjustments.

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MGen, VITRO seal deal to explore joint data center projects

Communications & Technology 0
Meralco PowerGen Corp. (MGen) and PLDT Group’s VITRO REIT Inc. have signed a memorandum of understanding to jointly study and build sustainable, power-integrated digital infrastructure across the Philippines, the firms announced Wednesday.

PCTO raises due process, transparency concerns over NTC sanctions on telcos

Communications & Technology 0
The Philippine Chamber of Telecommunication Operators (PCTO) has expressed serious concerns over recent sanctions handed down by the National Telecommunications Commission (NTC) against major telecommunications firms, citing issues with fairness, clarity of standards, and potential impact on service improvements.

Yuchengco’s PetroWind signs TransCo deal securing 20-year tariff for Aklan wind project

Energy & Mining 0
Yuchengco-led PetroWind Energy Inc. has signed a Renewable Energy Payment Agreement (REPA) with state-run National Transmission Corp. (TransCo), locking in guaranteed pricing for its 13.56-megawatt Nabas Wind Power Project Phase 2 in Aklan. This follows the project securing its Green Energy Auction tariff in 2022, plus a provisional operating permit from the Energy Regulatory Commission in May 2026 and a formal tariff endorsement from the Department of Energy in July 2026.

NSCR on track to partial 2027 opening

Transport & Logistics 0
The Department of Transportation (DOTr) confirmed Wednesday that the North-South Commuter Railway Extension (NSCR-Ex) remains on schedule to launch partial operations on the first 28-kilometer stretch from Valenzuela to Malolos by the end of 2027. The update came as Executive Secretary Ralph Recto, DOTr Undersecretary for Railways Timothy John Batan, and Assistant Secretary for Right of Way Acquisition Irish Calaguas inspected the project on September 29, 2026.

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