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...
Department of Energy Secretary Alfonso Cusi has promised to continue the national electrification process made by the previous administration, citing it as one of his priorities as the new chairman. Cusi ordered...
Fossil fuels are said to emit high levels of carbon dioxide. Calls for the discontinuity of its use has been pushed, with renewable energy being brought into the foray. But can we...
The Philippines’ location along the Pacific Ring of Fire makes the country prone to earthquakes and typhoons. It experiences an average of 20 typhoons a year, which usually results to flash floods...
Aboitiz Renewables Inc. has fully acquired the 8.8-megawatt (MW) biomass energy plant of Aseagas Corp. for P605 million, marking the company’s first venture into biomass technology. In a disclosure to the stock...
The Department of Energy’s Philippine Energy Plan states that there is a need to develop oil, gas and coal resources in order “to ensure energy security.” In 2015, the DOE approved 29...
AC Energy Holdings, Inc. of the Ayala Corp. and its partners have attained additional funding for the construction of the fourth unit of its Kauswagan plant, aimed at supporting the economic development...
Fossil fuels make up majority of the energy source in the Philippines and other parts of the world. According to the Philippine Energy Plan, it will contribute an average share of 30.1...
The new Department of Energy (DOE) secretary Alfonso Cusi said they are looking at converting the Bataan Nuclear Power Plant (BNPP) into a terminal for liquefied natural gas (LNG). “One of the...
Over the years, the Philippines has become one of the hubs for electricity and battery operated vehicles. The country’s e-jeepney is the very first in Asia. Today, these e-jeeps ply the Makati...
