Due to the geopolitical disputes between major oil-producing countries, chances or price reductions in oil seem nill. Political analyst Alex Magno said that the $80 crude oil hike could mean “pain at...
The Quezon City government and Manila Electric Company (Meralco) are set to improve the Philippines ranking in The Getting Electricity Indicator of the World Bank Study, leading the country to overall...
The Philippines needs to finalize legal framework for the development of nuclear technology as a national power source, Sen. Sherwin Gatchalian said. “A strong national framework on nuclear power must be...
Solar Philippines reportedly submitted the lowest rate to supply Manila Electric Co. (Meralco) with 50 megawatts (MW) of supply. The company has yet to disclose its price since it will still undergo...
Despite the suspension of its four commissioners, the Energy Regulatory Commission (ERC) has cited improvements in the disposition of cases and issues filed before the commission in the first 4 months of...
The Department of Energy (DOE) is set to issue a new policy that will enforce stringent monitoring of petroleum products as part of its initiative protect the interest of consumers. The new policy is pursuant...
The Manila Electric Co. (Meralco) announced today a decrease in its electricity rates worth P 0.5436 per kilowatt hour (kWh) for the month of May. The adjustment this month brings the overall rate...
Lopez-led Energy Development Corp. (EDC) registered a hefty drop in recurring and consolidated net profits in the first quarter of the year as the negative impacts of Typhoon Urduja late last year...
Phoenix Asphalt Philippines, Inc., the joint venture of independent oil company Phoenix Petroleum, Thailand-based TIPCO Asphalt Public Co. Ltd, and PhilAsphalt Development Corporation, has broken ground for the construction of its own...
Petron Corporation opened the year strong posting consolidated revenues of P129 billion for the first quarter of 2018, 21 percent higher than the previous year’s P106 billion. Consolidated net income reached P5.8...
