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Brix Lelis
Brix Lelis
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Oil prices increase today; kerosene up by P1.90
by Brix Lelis - June 18, 2024 - 12:00am
Motorists should brace for a significant oil price hike of as much as P1.90 per liter today to reflect recent developments in the global oil market.
Hydrogen exploration sparks global interest
by Brix Lelis - June 17, 2024 - 12:00am
Several international companies have expressed their interest in joining the bidding for native hydrogen exploration and development in the Philippines, the Department of Energy said.
Topline ignites Cebu expansion, eyes IPO
by Brix Lelis - June 17, 2024 - 12:00am
Fuel retailer Top Line Business Development Corp. is bolstering its arsenal with aggressive expansion plans, setting the stage for a potential public listing in the medium term.
Meralco rates down this month
by Brix Lelis - June 17, 2024 - 12:00am
Power distributor Manila Electric Co. is lowering electricity rates by P1.9623 per kilowatt-hour this month instead of the earlier announced P0.6436 per kWh increase.
ERC allows staggered payments for power spot market purchases
by Brix Lelis - June 16, 2024 - 12:00am
To ease the impact of high generation costs, the Energy Regulatory Commission (ERC) has allowed distribution utilities (DUs) to pay their spot market purchases on an installment basis.
Hefty oil price hike seen next week
by Brix Lelis - June 15, 2024 - 12:00am
Pump prices for petroleum products are expected to climb between P0.60 and close to P2 per liter next week, the Department of Energy (DOE) said.
DOE bares new guidelines for renewable energy development
by Brix Lelis - June 15, 2024 - 12:00am
The Department of Energy (DOE) has issued new guidelines simplifying the application process for renewable energy (RE) development to boost the country’s clean energy transition.
Alternergy inks P5.3 billion loan with RCBC
by Brix Lelis - June 14, 2024 - 12:00am
Renewable power firm Alternergy Holdings Corp. has signed a P5.3-billion loan with a local bank to partially fund the development of a 64-megawatt wind project in Quezon province.
First Gen awards LNG contract to Tokyo Gas unit
by Brix Lelis - June 14, 2024 - 12:00am
First Gen Corp. of the Lopez Group has awarded a contract to a subsidiary of Tokyo Gas Co. Ltd. for the delivery of the company’s fifth cargo of liquified natural gas.
Meralco rates higher this month
by Brix Lelis - June 14, 2024 - 12:00am
Households within the franchise coverage of power distributor Manila Electric Co. can expect an increase of P0.6436 per kilowatt-hour in electricity bills this month.
ERC clears power deal between Meralco,SPPC
by Brix Lelis - June 13, 2024 - 12:00am
Manila Electric Co. has secured regulatory approval to get power supply from the 1,200-megawatt Ilijan natural gas plant of San Miguel subsidiary South Premiere Power Corp..
Topline pumps P210 million to put up 9 fuel stations
by Brix Lelis - June 13, 2024 - 12:00am
Top Line Business Development Corp., a Cebu-based fuel retailer, is spending some P210 million to bankroll the construction of an additional nine fuel stations in the province.
Topline pumps P210 million to put up 9 fuel stations
by Brix Lelis - June 13, 2024 - 12:00am
Top Line Business Development Corp., a Cebu-based fuel retailer, is spending some P210 million to bankroll the construction of an additional nine fuel stations in the province.
Meralco seeks bidders for 600 MW baseload supply
by Brix Lelis - June 13, 2024 - 12:00am
The Manila Electric Co. is soliciting bids for 600 megawatts (MW) of baseload supply intended to meet the company’s power requirements starting next year.
ERC orders power distributors to wait for final IEMOP billing
by Brix Lelis - June 12, 2024 - 12:00am
The Energy Regulatory Commission has directed distribution utilities not to impose generation charges based on Wholesale Electricity Spot Market preliminary bills.
Citicore bidding for privatization of CBK hydro complex
by Brix Lelis - June 12, 2024 - 12:00am
Citicore Renewable Energy Corp. has expressed interest in the privatization of the 796.64-megawatt Caliraya-Botocan-Kalayaan hydroelectric power plant complex in Laguna.
PTT Philippines names new president/CEO
by Brix Lelis - June 11, 2024 - 12:00am
PTT Philippines Corp., a subsidiary of the national oil company of Thailand, has appointed Athiwat Rattanakorn as its new president and CEO, effective June 1.
AboitizPower exec rues lack of R&D funding for decarbonization
by Brix Lelis - June 11, 2024 - 12:00am
The country needs funding and support to conduct its own research and development to explore future decarbonization technologies, an Aboitiz Power Corp. official said.
Fuel prices rolled back today
by Brix Lelis - June 11, 2024 - 12:00am
A substantial price reduction on fuel products will greet motorists today, following mixed adjustments at the pump last week.
DOE sees normal power situation this week
by Brix Lelis - June 11, 2024 - 12:00am
Power grids are likely to be in normal condition this week as consumer demand declines, preliminary data from the Department of Energy show.
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