Enrique K. Razon Jr.-led Negros Electric and Power Corp. (Negros Power) announced that it is infusing ₱1.3 billion to modernize its grid and improve the power system in the region. In a statement on Wednesday, April 8, Negros Power said the investment would be utilized for substation upgrades, as...
The Manila-based Asian Development Bank (ADB) has launched a multi-partner fund aimed at financing critical project preparation for cross-border energy and transmission infrastructure in the Association of Southeast Asian Nations (ASEAN), marking the first initiative of its kind in the region. The...
As the Malampaya gas field slowly taps out and diplomacy trades hot words for cautious handshakes, the real suspense lies not just in geopolitical compromise, but in whether Recto Bank can finally proceed to well drilling or remain a perpetually well-discussed daydream. The lingering conflict in...
Semirara Mining and Power Corp. warned that any disruption to its operations on Semirara Island would jeopardize 38 percent of the Philippines’ baseload power supply, potentially triggering surge in electricity costs and broader inflationary pressure. Ma. Cristina C. Gotianun told reporters that...
The government is opening the Bicol Shelf Basin to private investors for oil and gas exploration, a move intended to bolster indigenous energy resources as the country seeks to reduce its reliance on volatile global fuel markets. The Department of Energy (DOE) on Wednesday, April 1, announced a...
For Filipino consumers, it is a crippling puzzle: why are we hammered with over 100 percent cumulative oil price hikes while the rest of the world experiences only 40 percent to 60 percent increases for the same black gold? The answer is a toxic mix of heavy taxes, high import dependence, global...
For every Filipino, the dream of a comfortable home has always been anchored in family. But today, that dream is being tested by a world in flux. As the ongoing conflict in the Middle East continues to disrupt a major shipping route and destabilize global markets, the ripples are felt right here at...
ZAMBOANGA CITY – Some 22,000 households covered by four power feeders continue to suffer a prolonged power outage here due to a defective power transformer. The power outage that started at dawn on Sunday, March 22, is entering its third day after a routine maintenance check on an aging 1999...
Rising fuel prices are beginning to ripple across the sprawling operations of DMCI Holdings Inc., exposing the vulnerabilities of a diversified conglomerate whose businesses—from mining to cement to property—depend heavily on steady and affordable energy supply. For DMCI, the challenge is no...
ZAMBOANGA CITY – Thousands of consumers served by four power feeders of the Zamboanga City Electric Cooperative are suffering from a debilitating outage caused by a defective transformer. The four feeders, all located in Zamboanga City 's east coast, have not been energized as of 5 p.m....
ILOILO CITY – The Senate is reviewing the proposal to expand Razon-owned MORE Electric and Power Corp. (MORE Power) in southern Iloilo province. The Senate Committee on Public Services chaired by Sen. Raffy Tulfo has started deliberations on the matter. The panel is looking into the legislative...
This year’s National Women’s Month proclaims “Lead like the Babaylans, Filipinas!”, which is a call to champion women leadership in Filipino identity and culture. Babaylans were pre-colonial women healers, community leaders, and spiritual intermediaries, who helped maintain social balance...