
OPEC+ countries to open oil taps despite price slump
The group had until recently been exploiting supply scarcity to boost prices
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The group had until recently been exploiting supply scarcity to boost prices
· 2 min read

HD Homelift Solutions was the first to introduce the Swedish-brand home elevator to the Philippine market
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If the budget is only for the Visayas, cheap rice can be sustained for about 20 weeks or five months, which would leave over 4.1 million Visayan families still…
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Its founders pioneered local wind energy development with the Bangui Bay wind farm in 2005, followed by Pililla, Rizal in 2015.
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‘We navigated the softer energy market through improved power generation and coal production, strengthened contracting strategies and disciplined cost…
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Disruptions, though uncomfortable, are often the birthplace of transformation. The blackouts forced individuals to confront their reliance on external…
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The ramped-up investments in renewable energy and infrastructure dampened Aboitiz Equity Ventures Inc. (AEV)’s consolidated net income — P3.2 billion — in the…
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‘Industry giants are proactively investing in clean technologies — electrification, hydrogen, carbon capture, and biofuels — positioning sustainability at the…
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‘We are consistently keeping a close watch on how the electricity market is moving to make sure price signals remain reflective of actual system conditions…
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Meralco executive vice president and chief operating officer Ronnie L. Aperocho confirmed to reporters that the company is exploring strategies, including a…
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‘We are future-proofing Meralco’s distribution network through layers of different initiatives driven by innovation, big data and analytics, and powered by…
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AI-powered innovations take the spotlight at Giga Summit 2025 hosted by Meralco Power Academy
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‘We have good visibility on our project pipeline and new projects coming online over the next two to three years’
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Motorists may need to readjust their expenses to keep up with another round of fuel price increases this week — the second straight week of upward adjustments…
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‘Our commitment is that the LCOE (levelized cost of energy) of this is going to be probably one of the most competitive, and the capacity is needed’
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As quickly as the applause came, so did the raised eyebrows — and the most stinging of criticisms came from Vice President Sara Duterte herself.
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The oil-fired power plants, coupled with the BESS technology, help balance supply and demand in the grid as an ancillary service.
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