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Sunday, November 17, 2024

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Oil, Fuel and Energy

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PETRON Freeport Corp posts 20% net growth for H1 of 2019

By Jason Joshua Garcia SUBIC BAY FREEPORT – Due to its tax perks, this premier Freeport is still the preferred area for investment, particularly in...

DOE sees normalization of Luzon power supply

By Joann Villanueva Department of Energy (DOE) Undersecretary Felix William Fuentebella has discounted another yellow alert status for the Luzon grid today, October 16, as maintenance works on the Malampaya gas field...

DOE monitoring yellow alert status for Luzon grid

By Joann Villanueva A yellow alert was raised over the Luzon grid yesterday, October 14, from 10 a.m. until 4 p.m., with unplanned outages alone...

Russia could help PH in energy security – Amb. Sorreta

By THEPHILBIZNEWS STAFF A high-ranking Philippine official, speaking during President Duterte’s visit to Moscow last week, said that Russia could play a major role in securing the...

DOE asks oil firms to explain discrepancies in price cut

By Joann Villanueva Energy Secretary Alfonso Cusi has asked 13 oil companies to explain on Monday the discrepancies in their price reductions. In a statement Wednesday,...

ADB pursues MDB commitments to aid climate action

By THEPHILBIZNEWS STAFF The Asian Development Bank (ADB) joined on Sunday mounting calls for governments around the world to take urgent action to address climate...

Shocking drone attacks on Saudi oil facilities to spike world prices; PH to be deeply affected – Locsin

By THEPHILBIZNEWS STAFF Shocking drone attacks on Saturday, September 14, that set a Saudi Arabian oil field and processing facility ablaze have shut half of...

Wongchuking to build 100-million-liter oil depot terminal in Batangas City

By Maharlika Manalo A 100-million-liter oil depot terminal with a state-of-the-art facility will soon to rise in Batangas City under the enterprise of Wongchuking Properties. The...

Meralco’s new power supply deals promise cheaper electricity

By Marimar F. Guevarra The Manila Electric Company (Meralco) is eyeing new power supply agreements with its winning suppliers that could help ease the cost...

Petron to sell Limay power plant to SMC Powergen

By Jason Joshua Garcia Petron Corporation is selling its 140-mega Watt solid-fired power plant in Limay, Bataan to SMC Powergen Inc., a statement from San...

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