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28.3
C
Philippines
Tuesday, May 7, 2024
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28.3
C
Philippines
Tuesday, May 7, 2024
Alena Mae S. Flores
Oil firms roll back prices anew
May 7, 2024, 12:40 am
Oil firms rolled back domestic pump prices across all products amounting to P0.75 per liter for gasoline, P0.90 per liter for diesel and P1.05...
Power supply dips anew as demand continues rising
May 7, 2024, 12:35 am
The National Grid Corp. of the Philippines (NGCP) yesterday placed the Luzon grid on yellow alert status from 3pm to 4pm due to insufficient...
AboitizPower’s first-quarter income rose 4% to P7.9b
May 6, 2024, 9:55 pm
Aboitiz Power Corp. said Monday it posted a 4-percent net income growth in the first quarter to P7.9 billion from P7.5 billion in the...
Semirara’s profit declined 28% in 3 months on weaker market prices
May 6, 2024, 9:50 pm
Semirara Mining and Power Corp. (SMPC) said Monday its net income fell 28 percent in the first quarter of 2024 to P6.5 billion from...
REDC vows to expand RE portfolio in 2024 as part of long-term strategy
May 6, 2024, 9:35 pm
Repower Energy Development Corp. (REDC). said Monday its net income reached P172.8 million in 2023, up nearly 3 percent from P168 million in 2022...
Power demand likely to top earlier forecast, says Meralco
May 5, 2024, 9:20 pm
Power sales in 2024 are expected to surpass earlier forecast amid higher temperatures that are fueling demand, an executive said over the weekend. “We actually...
Gov’t issues 92 offshore wind contracts amid strong interest from local, foreign firms
May 5, 2024, 7:55 pm
The Department of Energy (DOE) said it issued 92 offshore wind service contracts with potential capacity of 65.049 gigawatts as of March 25, 2024,...
Fuel price rollback seen next week
May 4, 2024, 12:50 am
The Department of Energy expects another round of oil price rollback of as much as P0.70 per liter next week due to the softening...
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