The Independent Commission for Infrastructure (ICI) is opening its floodgates—digitally. Soon, the commission will livestream its proceedings, bowing to public pressure for transparency that has swelled louder than the floods the controversial infrastructure projects failed to contain.
The Energy Regulatory Commission (ERC) has approved Mariveles Power Generation Corp.’s application to build and operate a ₱1.87-billion transmission line linking its 1,200-megawatt coal-fired power plant in Bataan to the Luzon Grid.
Crude oil prices surged to a two-week high on Thursday after the US slapped sanctions on Russian energy giants Rosneft and Lukoil, along with dozens of their subsidiaries—a move aimed at cutting off a key source of funding for the Kremlin’s war in Ukraine.