
OPEC+ production hike, new quotas loom
Crude oil production is likely to increase by 188,000 barrels per day.
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Crude oil production is likely to increase by 188,000 barrels per day.
· 1 MIN READ

BUDAPEST, Hungary (AFP) — Hungarian Prime Minister Peter Magyar announced Sunday the shutdown of the country's sole nuclear power plant after record-low water…
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Unreliable electricity service remains a major obstacle to economic growth, particularly in the provinces.
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The Chamber stressed, however, that deeper reforms are urgently needed to secure affordable, reliable, and sustainable power nationwide.
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Bringing clean energy to underserved classrooms would make a tangible difference in the everyday lives of students while advancing broader goals of…
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Singkwenta sentimo hanggang P1.00 ang rollback sa presyo ng mga produktong petrolyo ang inaasahan ngayong Agosto, batay sa galaw ng pandaigdigang merkado,…
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The DoE has concluded an intensive Site and External Events Design Workshop, results of which will equip regulators with internationally recognized…
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A telecom-and-power tycoon just gave the market fresh reasons to bet on a blockbuster deal.
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Motorists expect a measure of relief next week as pump prices are expected to decline for the first time after weeks of hefty increases, although retail prices…
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Consumers might enjoy lower electricity bills, but they will ultimately shoulder the cost as taxpayers.
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Senator Christopher "Bong" Go called for the swift passage of proposed reforms to the country's power sector, saying measures aimed at lowering electricity…
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Japanese utility The Kansai Electric Power Co. has taken a 14-percent stake in the 600-megawatt (MW) Wawa Pumped Storage Hydropower Project, injecting fresh…
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Navotas Rep. Toby Tiangco has refiled a bill seeking to remove the system loss charge from consumers’ monthly electricity bills following President Ferdinand…
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For decades, one of the principal obstacles to reviving nuclear power in the Philippines was the absence of a modern and credible regulatory framework.
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Philippine economic growth could slow to as low as 1.42 percent in the second quarter as the Gulf conflict continues to weigh on the domestic economy,…
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Japanese utility The Kansai Electric Power Co. has taken a 14-percent stake in the 600-megawatt (MW) Wawa Pumped Storage Hydropower Project, injecting fresh…
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Aboitiz Power Corp. delivered a sharp jump in first-half earnings as stronger electricity prices and the ramp-up of new renewable energy projects fueled record…
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Yuchengco-led Maibarara Geothermal Inc. (MGI) has tapped ThermaPrime Drilling Corp. (TDC) for a new exploratory drilling campaign to develop another geothermal…
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