Budget-conscious families will gain slight flexibility in their budgets this month, as the price of liquefied petroleum gas (LPG) will be on moderate rollback of P1.09 to P1.15 per kilogram as advised by the industry players. Leading player Petron Corporation announced that the cost of its LPG...
President Marcos wants the Philippines to not only manufacture more electric vehicles (EVs) but lower its production cost so the country can achieve its goal of transforming its public transportation fleets by 2040. President Ferdinand 'Bongbong' Marcos Jr. (Photo from the Presidential...
State-run Philippine National Oil Company (PNOC) has cemented a memorandum of understanding (MOU) with LBP Resources and Development Corporation (LBRDC), a subsidiary of Land Bank, for the rollout of solar rooftop installations at the latter’s economic zone domains. According to PNOC President...
President Marcos has ordered government agencies to expedite the implementation of action plans and strategies to develop the electronic vehicle (EV) industry in the country. Marcos made the directive during a sectoral meeting on Tuesday, April 30, emphasizing the need to focus on the public...
The Marcos administration will purchase e-vehicles to replace some 10 percent of the fleet used by government agencies, the Department of Energy (DOE) said on Tuesday, April 30. President Ferdinand 'Bongbong' Marcos Jr. presides over a sectoral meeting on Electric Vehicle (EV) Industry...
It may be a bitter pill to swallow, but the power supply turmoil in the country could ignite resurgence of coal-fired power generation, according to one of the country’s top energy players. And while the allure of green technologies would be highly irresistible, the fragility of the country’s...
Propelled by energy sales that have been escalating beyond 10% within the stretch of the sweltering El Niño weather condition, power utility giant Manila Electric Company (Meralco) is favorably looking to end the year with core income jump to P40 billion from P37.1 billion in 2023. The company’s...
(MANILA BULLETIN) Lawmakers from the Makabayan bloc have filed a resolution urging the House of Representatives to investigate, in aid of legislation, the frequent red and yellow power alerts caused by the shutdown in several power plants....
Consumers’ pockets will experience slight reprieve this week, as oil prices will be on moderate rollback, according to the pricing advisories of the oil companies. The price of diesel products will be trimmed by P0.45 per liter; while gasoline prices will have marginal reduction of P0.25 per...
Filipino firm NexGen Energy Corp., a subsidiary of Tiu-led Pure Energy Holdings Corp. (PEHC) is planning to pursue initial public offering (IPO) to partly raise project funding for its targeted 2,350-megawatt renewable energy (RE) development pipeline. According to the company, its blueprinted...
Sen. Raffy Tulfo has filed a resolution that seeks to investigate the alarming power supply issue hounding the country. Tulfo who chairs the Senate Committee on Energy, filed Senate Resolution No. 1008 following the declaration of red and yellow alerts in the Luzon, Visayas, and Mindanao grids. A...
Ayala Land's industrial parks and real estate logistics arm, Ayala Land Logistics Holdings Corporation (ALLHC), is making significant strides towards sustainable development by shifting its cold storage facilities to renewable energy sources. This move aligns with ALLHC's commitment to...
