It will be another week that will be heavy on consumers’ pockets as the prices of gasoline products will go up by P1.20 per liter; and diesel by P0.95 per liter, based on the pricing adjustment notices sent by the oil companies. Kerosene, which is the other significant fuel commodity for both...
The Department of Energy (DOE) has cemented a policy that it will be enforcing for the designs of “energy efficient buildings” or what could also be classified as “green buildings.” The department said it is laying down the...
The lower-than-reserve price offers in the competitive selection process (CSP) of the 1,800 megawatts power supply agreements (PSAs) for power utility giant Manila Electric Company (Meralco) will result in cheaper electricity rates for consumers, according to the Department of Energy. Energy...
By procuring clean energy supply from the ‘Cleanergy’ portfolio of Aboitiz Power Corporation, leading green office developer NEO clinched its ‘net zero carbon’ goal; and its buildings bagged 5-star certifications under the “Advancing Net Zero Philippines (ANZ/PH) program”, an entity...
The Department of Energy (DOE) has directed power firms to prepare ‘contingency measures’ to guarantee uninterrupted power supply in Visayas and Mindanao, especially during the summer months and on the anticipated rollout of the Covid-19 vaccines. The energy department has already convened key...
Castrol Philippines has partnered with North Trend Marketing Corporation (NTM) for the distribution of the world’s leading industrial lubes products as it seeks to further expand presence in the country. According to Castrol Philippines General Manager Ria Tañada, their partner New Trend...
Pump prices are calculated to be on another round of heavier increases next week, with some fuel products rising by as much as P1.25 to P1.30 per liter. Based on the estimates of the oil companies, gasoline prices will have the heftiest price hike next week in the range of P1.25 to P1.30 per liter;...
The Energy Regulatory Commission (ERC) has approved P13.885 billion worth of refund to Manila Electric Company (Meralco) that will translate to rate reduction of P0.1528 per kilowatt hour (kWh) in their customers’ electricity bills by next month. (MANILA BULLETIN) As mandated by the regulatory...
Two subsidiary firms of diversifying conglomerate San Miguel Corporation (SMC) tendered the lowest bid for the competitive selection process (CSP) for the supply of 1,800 MW power capacity to Manila Electric Company (Meralco) over a 20-year year period. The winning SMC companies are...
Impairment in several portions of its fiber optic cable (FOC) connection is anticipated to cause further delay in the P52 billion Mindanao-Visayas Interconnection Project (MVIP), which transmission firm National Grid Corporation of the Philippines (NGCP) is currently implementing....
The Department of Energy (DOE) has directed all distribution utilities (DUs) to contract sufficient power capacity to ensure successful rollout of Covid-19 vaccines in various parts of the country this year. In an official advisory issued by the energy department this week, power distribution...
Businessman Tomas I. Alcantara has retired as chairman and president of publicly listed Alsons Consolidated Resources Inc. (ACR), one of the country’s largest conglomerates, effective March 1 this year due to health reasons. Tomas I. Alcantara (Photo credit: https://www.acr.com.ph) Taking his...
