Chelsea Logistics trims expenses as fuel costs surge
Chelsea Logistics and Infrastructure Holdings Corp. is tightening spending and scrambling to blunt the impact of soaring diesel prices as fuel costs squeeze…
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Daily TribuneTopic
Chelsea Logistics and Infrastructure Holdings Corp. is tightening spending and scrambling to blunt the impact of soaring diesel prices as fuel costs squeeze…
· 1 min read
While electricity consumption grew by about 140 percent from 2003 to 2024, transmission lines increased by only 11 percent.
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Consumers of Negros Electric and Power Corp. (Negros Power) will pay lower electricity bills this May after the utility reduced residential power rates on the…
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The Department of Energy’s (DoE) backing of Aboitiz Renewables’ 221-megawatt-peak Olongapo Solar Power Plant signals a stronger government push to expand local…
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The weakness in spending and sales growth may be reflective of demand becoming more sensitive (or elastic) to price increases.
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Consumers of Negros Electric and Power Corp. (Negros Power) will pay lower electricity bills this May after the utility reduced residential power rates on the…
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January to March revenues reached P1.14 billion, with electricity sales contributing 85 percent of the total, while EBITDA jumped 53 percent to P593 million…
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The journey back to Middle-earth continues as the next chapter of The Lord of the Rings: The Rings of Power is officially set to return on 11 November.
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The drama behind the recent power struggle in the Senate reportedly stemmed from a refusal to play along with the “old boys’ club” in the chamber, and the…
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SteelAsia Manufacturing Corp. has secured a P1.25-billion green loan from Taiwan-based Cathay United Bank to accelerate the company’s expansion of low-carbon…
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National Grid Corporation of the Philippines (NGCP) spokesperson Atty. Cynthia Alabanza said Friday that unplanned shutdowns are primarily driven by high…
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Axelum Resources Corp. nearly doubled its first-quarter earnings to P267 million as stronger export demand and higher-margin products helped offset…
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PrimeCoreGen and First Gen’s gas facilities were dispatched at high capacity as nearly 4,000 megawatts went offline due to forced outages affecting 48 power…
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MORE Electric and Power Corp. (MORE Power), the Razon-led power distributor in Iloilo, is rolling out a three-year plan to shift to unmanned substations under…
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Filinvest Development Corp. (FDC) reported a net income attributable to equity holders of P3.9 billion in the first quarter, up 8 percent from P3.6 billion a…
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The Manila Electric Company (Meralco) lowered its electricity rate for May by P0.0151 per kilowatt-hour (kWh), bringing the overall rate for a typical…
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More than 200,000 customers in the Manila Electric Co. (Meralco) franchise area experienced rotating power interruptions after the national grid was placed…
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National Grid Corporation of the Philippines on Wednesday issued the country’s first red alert for 2026 as consumers in Luzon and the Visayas may experience…
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