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News

INQUIRER.net
business.inquirer.net > 609792 > 5-asean-states-back-ph-oil-stockpiling-plan

5 Asean states back PH oil stockpiling plan

6+ day, 13+ hour ago   (476+ words) MANILA, Philippines — At least five Southeast Asian countries have committed to pursuing a regional oil stockpiling initiative to cushion the bloc against future oil supply shocks, such as the ongoing crisis triggered by the war in the Middle East. Trade…...

@inquirerdotnet
business.inquirer.net > 609638 > tropical-hut-starts-shift-to-renewable-energy > amp

Tropical Hut starts shift to renewable energy

1+ week, 13+ hour ago   (229+ words) MANILA, Philippines — The First Gen Group is covering more sectors with its renewable energy, as it clinched a fresh agreement to power Tropical Hut Food Market Inc., one of the country’s oldest fast-food chains. Both parties signed the power supply…...

Google News
business.inquirer.net > 609085 > ph-needs-12-6b-to-reclaim-no-2-geothermal-spot-doe-chief

PH needs $12.6B to reclaim No. 2 geothermal spot—energy chief

1+ week, 3+ day ago   (417+ words) MANILA, Philippines —The Philippines needs to attract about $12.6 billion in investments to build 2,100 MW of capacity as it seeks to reclaim its spot as the world’s No. 2 geothermal producer. Speaking to reporters on Thursday, Department of Energy (DOE) Secretary Sharon…...

INQUIRER.net
business.inquirer.net > 609043 > vismin-consumers-brace-for-power-outages-on-sept-3

VisMin consumers brace for power outages on Sept. 3

1+ week, 4+ day ago   (178+ words) Inquirer.net VisMin consumers brace for power outages on Sept. 3 Households and businesses in the Visayas and Mindanao must brace for potential brownouts on Thursday, as the grid operator placed the two main islands under red alert for nine hours…...

@inquirerdotnet
business.inquirer.net > 608515 > 12-geothermal-energy-firms-seek-funding-boost > amp

12 geothermal energy firms seek funding boost

1+ week, 6+ day ago   (317+ words) MANILA, Philippines — A total of 12 developers wanting to explore geothermal opportunities in the Philippines may receive financial support through the government’s $170-million derisking facility, an official said. Speaking to reporters last week, Energy Undersecretary Rowena Cristina Guevara said that about…...

INQUIRER.net
business.inquirer.net > 608480 > socoteco-ii-ignite-power-proposed-deal-unfazed-despite-protest

Socoteco II-Ignite Power proposed deal unfazed despite protest

2+ week, 5+ hour ago   (188+ words) MANILA, Philippines — The proposed joint venture between South Cotabato II Electric Cooperative (Socoteco II) and Ignite Power remains intact despite a recent rally opposing the deal. Groups launched the “Kahayag sa Tanan” rally over the weekend to oppose the proposed…...

INQUIRER.net
business.inquirer.net > 608413 > biz-buzz-mgen-checks-out-coal-facility-prospects

BIZ BUZZ: MGEN checks out coal facility prospects

2+ week, 13+ hour ago   (505+ words) MANILA, Philippines — The booming power generation arm of tycoon Manuel V. Pangilinan has shown an early interest in a government plan to have the country’s first coal blending terminal. Energy Secretary Sharon Garin’s pitch has indeed landed on Meralco PowerGen…...

INQUIRER.net
business.inquirer.net > 607705 > renewables-cut-power-costs-by-p99b-in-two-years

Renewables cut power costs by P99B in two years

2+ week, 4+ day ago   (338+ words) MANILA, Philippines — Renewable energy projects supported by the feed-in tariff allowance (FIT-All) provided about P99.2 billion in power savings in two years, according to a think tank. Based on an analysis from the Institute for Climate and Sustainable Cities (ICSC), the…...

Google News
business.inquirer.net > 607413 > aussie-backed-firm-scouts-new-clark-city-for-clean-energy-projects

Aussie-backed firm scouts New Clark City for clean energy projects

2+ week, 6+ day ago   (393+ words) MANILA, Philippines — An Australian-backed battery manufacturer is exploring renewable energy and storage projects in New Clark City, which the government is positioning as an emerging hub for advanced technology and clean energy. In a statement on Monday, the Bases Conversion…...

INQUIRER.net
business.inquirer.net > 607358 > fuel-prices-rising-anew-on-aug-25

Fuel prices rising anew on Aug. 25

3+ week, 2+ hour ago   (117+ words) MANILA, Philippines — Motorists will bear the brunt of higher fuel prices, as local fuel retailers will implement up to a P2.31 per liter increase in petroleum products beginning August 25. READ: Trump says Strait of Hormuz ‘new US territory,’ rules out Iran…...