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Philippines
Saturday, July 27, 2024

Alena Mae S. Flores

PCG to siphon out sunken tanker’s oil to avert disaster

The Philippine Coast Guard on Friday raced against time to find a way to siphon out some 1.4 million liters of industrial fuel from...

DOE sees oil price rollback of P0.90/liter

The Department of Energy said it expects a price rollback of as much as P0.90 per liter next week to reflect the movement of...

PNOC to test vertical axis wind turbines in Napocor’s SPUG sites

State-run Philippine National Oil Co. (PNOC) and National Power Corp. (NPC) on Friday signed a memorandum of understanding (MOU) to test solar and wind...

PSALM begins Mindanao coal plant’s retirement, repurposing

State-owned Power Sector Assets and Liabilities Management Corp. (PSALM) said Friday it started preparations for the early retirement or repurposing of the 210-megawatt Mindanao...

Garbage, climate change blamed for floods

President Marcos on Thursday said irresponsible garbage disposal and climate change were factors in the massive floods in Metro Manila and other regions during...

ACEN signs P1.9-b loan deal to fund unit’s 200-MW Zambales solar plant

ACEN Corp. said Thursday it signed an agreement with Santa Cruz Solar Energy Inc. as borrower for a P1.92-billion loan to fund the 200-megawatt...

Pryce’s profit grew 61% in first half on higher LPG margins in Luzon

Listed Pryce Corp. said Thursday its net income went up 61 percent in the first half of 2024 to a record P1.32 billion from...

PXP Energy reduced first-half net loss to P9.5m on higher Galoc production

PXP Energy Corp. said Friday it posted a slightly lower core net loss of P9.5 million in the first half of 2024, compared to...

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