The Norweigian central bank excluded 52 companies, including Aboitiz Power Corp. from the Government Pension Fund Global (GPFG) because of the Philippine-based firm’s business activities involving coal-fired power plants. The Norges Bank released...
The Philippines is the world’s second-largest producer of geothermal energy next to the United States. With the Renewable Energy Act of 2008 in place, the geothermal industry in the Philippines is taking...
Fossil fuels have three main sources – coal, oil and natural gas. In many ways, natural gas is considered the least harmful fossil fuel because its combustion results in less pollution and...
7,000 islands. Multiple energy sources. Yet you get a headache every time you get your monthly electric bill. The Philippines has one of the most expensive electricity rates in the world. Trade Union...
Although coal supplied over 40% of the country’s electric output in 2015, Department of Energy and Natural Resources (DENR) Secretary Regina Lopez said renewable energy is a priority over fossil fuels in...
The Department of Energy’s (DOE) goal of 100 percent electrification can be achieved through the Manila Electric Co.’s (Meralco) prepaid electricity service, Energy Secretary Alfonso Cusi said. The chairman said electricity must...
The Manila Electric Company (Meralco) has powered the Gas-Insulated Switchgear (GIS) substation in Banawe to supply power to commercial and business establishments in Quezon City. Meralco first vice president and head of...
The world’s population is expected to hit nine billion by 2050. The most populous countries in the world are Asian countries, some of which happen to have low income levels and face...
Santa Rosa City in Laguna has been declared the Philippines’ Earth Hour Capital by the World Wildlife Fund’s Earth Hour City Challenge for its energy and environment conservation campaigns. “Sta. Rosa City...
Phoenix Petroleum Philippines Inc. is keeping up with its buyback program of P250 million worth of common shares to increase the company’s stock price. The company’s board approved on May 11 a...
