Wednesday, December 31, 2025
Today's Print

Tag: Energy

Oil firms hike diesel, kerosene prices by P0.60 per liter today

Oil firms will implement a price hike for diesel and kerosene of P0.60 per liter effective 6 a.m. Tuesday, reflecting movements in the global...

Terra Solar reaches grid milestones—DOE

The Department of Energy announced over the weekend that the 364-megawatt first stage of the Terra Solar project reached key grid interconnection milestones with...

Meralco maintains flat sales growth forecast for 2025

Power retailer Manila Electric Co. is maintaining its full-year 2025 electricity sales volume forecast of flat growth. Ferdinand Geluz, Meralco senior vice president and chief...

PEZA taps Ampotech’s AI-led energy solutions

The Philippine Economic Zone Authority (PEZA) and Singapore-based energy technology company Ampotech signed a memorandum of understanding to explore the deployment of intelligent energy...

200 new power plants needed by 2028 to boost energy security

The Department of Energy aims to complete 200 power generation plants by 2028 as part of a strategic push to achieve energy security and...

Kaltimex, Tawelco sign debt restructuring deal to boost Tawi-Tawi supply

Kaltimex Rural Energy Corp. and the Tawi-Tawi Electric Cooperative Inc. have signed a debt restructuring agreement to address about P400 million in arrears to...

ERC approves P13-b NGCP substation project

The Energy Regulatory Commission has approved the National Grid Corp. of the Philippines’ proposed Milaor 500kV substation project, estimated to cost P13 billion. “After due...

Alsons Consolidated Resources credit rating raised to PRS Aa

Alsons Consolidated Resources Inc. (ACR), a Mindanao-based firm owned by the Alcantara Group, said it received a higher issuer credit rating of PRS Aa...

Visayas grid placed under yellow alert due to thin reserves

The National Grid Corp. of the Philippines (NGCP) on Thursday declared a yellow alert status for the Visayas grid from 5 p.m. to 6...

CBCP leaders nix nuclear plant in Pangasinan

SIX officials of the Catholic Bishops’ Conference of the Philippines (CBCP) have voiced strong opposition to a proposed nuclear power plant in Western Pangasinan,...

PEZA, Meralco team up to boost power reliability in economic zones

The Philippine Economic Zone Authority (PEZA) and Meralco have signed a strategic partnership to strengthen power reliability across the ecozones. The memorandum of understanding (MOU)...

Anti-monopoly regulator clears Prime Infra-First Gen energy deal

The Philippine Competition Commission (PCC) has approved the proposed joint ventures between Prime Infrastructure Capital Inc. and First Gen Corp. after concluding a Phase...

Cebu’s Top Line Business to raise fresh capital

Cebu-based fuel retailer Top Line Business Development Corp. (TOP) plans to raise fresh capital next year to fund direct fuel importation, expand its depot...

DOE to cancel non-performing contracts of power developers

The Department of Energy (DOE) said Monday it is committed to weeding out non-performing service contracts and ensuring power plants are built on time...
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