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Philippines
Sunday, November 10, 2024

Alena Mae S. Flores

DOE foresees another round of oil price hike

THE Department of Energy (DOE) has confirmed an impending big time oil price hike of up to P1.90 per liter to reflect the movement...

Alternergy buys Shell’s 40% stake in Tablas offshore wind projects

Alternergy Holdings Corp. said Friday its wholly-owned wind sub-holding Alternergy Wind Holdings Corp. acquired the entire interest of Shell Overseas Investment B.V. in Tablas...

ERC approves lower P310-b revenue for NGCP

The Energy Regulatory Commission (ERC) approved a draft final determination indicating a total maximum allowable revenue of P310 billion to transmission operator National Grid...

DOE to check compliance with 3% CME blend

The Department of Energy’s (DOE) Oil Industry Management Bureau (OIMB) is intensifying its monitoring to ensure full compliance with the mandated 3-percent coconut methyl...

Big-time fuel price hike seen next week

Domestic pump prices may go up next week by as much as P2.05 per liter to reflect the ongoing volatility in world oil prices. Jetti...

IEMOP to launch renewable energy market in December

The Independent Electricity Market Operator of the Philippines (IEMOP) is preparing for the full commercial operations of the renewable energy market (REM) by December...

ACEN’s net income climbed 24% to over P8b in first three quarters

ACEN Corp., the renewable energy unit of the Ayala Group, said Thursday it recorded a 24-percent increase its net income to P8.14 billion in...

Cebu posts faster growth in power demand—Garcia

Cebu and the rest of the Visayas should grow an optimum mix of traditional and renewable energy to ensure power reliability and affordability, stakeholders...

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