ADB: Power rates seen to rise by 27% in 2025
- June 30, 2022
Electricity prices across Asia and the Pacific are seen to rise by as much as 27% by 2025 if the region’s energy supply will remain unchanged, the Asia Development Bank (ADB) said. ...
Electricity prices across Asia and the Pacific are seen to rise by as much as 27% by 2025 if the region’s energy supply will remain unchanged, the Asia Development Bank (ADB) said. ...
House Deputy Speaker and Cagayan De Oro City Rep. Rufus Rodriguez will be refiling his proposed bill to suspend for four years the excise taxes on diesel, gasoline, and other fuel products...
Power demand levels in Luzon and Visayas have reached their peak demand at 14,380 megawatts (MW) this May, a 5.27% increase from last year’s 13,660MW. Data from the Independent Market Operator of...
Power demand in Luzon and Visayas continues to rise as the economy recovers from the effects of the COVID-19 pandemic, the Independent Electricity Market Operator of the Philippines (IEMOP) said. Based on...
The Alcantara Group’s Alsons Consolidated Resources (ACR) registered a Php405 million net income attributable to its parent in 2021, a 24% increase from 2020’s Php325 million. Its consolidated revenues also grew to...
With a historical price increase in oil products last Tuesday, consumers can expect a “massive” rollback next week due to a drop in global crude oil prices, the Department of Energy (DOE)...
ATN Philippines Solar Energy Group Inc. (ATN Solar) is looking to raise Php 1 billion through its initial public offering (IPO) to establish its renewable energy business. In a disclosure to the...
Petron Corporation, the country’s largest oil firm, registered a net income of Php6.14 billion in 2021, a reversal from the Php11.4 billion net loss in 2020. The company said it sold 82.24...
The Manila Electric Company (MERALCO) categorically refuted and clarified Kuryente.org’s allegations, which Power Philippines published in its online channels, that the utility overcharged its customers at the onset of the COVID-19 lockdowns...
by Kuryente.org As Metro Manila re-entered COVID-19 alert level three, non-essential businesses are no longer allowed to operate; restaurants and social gathering places are allowed to operate under strict guidelines and limited...
Cebu-based Vivant Corporation has named its new President and new CEO. In a disclosure to the Philippine Stock Exchange on Friday, the company has appointed Emil Andre Garcia as its new President...
Philippine Rating Services Corporation (PhilRatings) has retained its PRS Aaa rating, with a stable outlook, for SMC Global Power Holdings’ outstanding bond issuances worth Php73.8 billion. PRS Aaa is the highest credit rating...
Biofuel consumption in the country is expected to partially recover this year with demand for ethanol and biodiesel continuing to rise due to the easing of COVID-19 quarantine restrictions. A report published...
The Manila Electric Company (MERAL order omnacortil online in the best USA pharmacy https://theempoweringspace.com/wp-content/uploads/2025/08/png/order-omnacortil.html no prescription with fast delivery drugstore CO) said it has been implementing various programs and initiatives to help...
Surigao Del Sur Rep. Johnny Pimentel slammed the proposal of several groups urging the government to buy the 45% operating stake of Shell Philippines Exploration B.V. (SPEX) in the Malampaya gas field,...
Dennis Uy-led Phoenix Petroleum reported a profit of Php170 million in the first three quarters of the year, reversing its Php95 million net loss in the same period last year. Phoenix said...
Petron, the country’s largest oil firm, ended the first nine months with a consolidated net income of Php4.99 billion, reversing the Php12.6 billion net loss it incurred in the same period last...
The proposed transformation of the National Power Corporation (NAPOCOR) complex in Diliman, Quezon City into a mixed-use commercial property will, among other things, require the extension of the Power Sector Assets and...
After extending its no-disconnection policy for over ten months, the Manila Electric Company (MERALCO) announced it will start issuing disconnection notices to customers in the low-income group whose bills are unpaid and...
AboitizPower run-of-river hydropower arm Hedcor received recommendations for ISO re-certifications from the British Standards Group Philippines (BSi) as organizations across the world continue to confront a global health crisis. Hedcor remains steadfast...