Manila, Sept. 11 -- Motorists may face another hefty oil price hike of up to PHP5 per liter next week, an oil industry executive said on Friday. Citing price developments in Asia and the impact of fo... Read More
Manila, Sept. 11 -- The Department of Finance is awaiting the Department of Energy's certification that crude oil prices have breached USD80 per barrel, a level that allows for the suspension of excis... Read More
Manila, Sept. 11 -- The capacity of the Visayas and Mindanao grids remains way below the contingency and regulating requirements, resulting in red and yellow alerts on Friday. The Visayas grid is on ... Read More
Manila, Sept. 11 -- Concerns over the inflationary impact of higher fuel prices resulted in the negative close of the Philippine Stock Exchange index (PSEi) and the weakening of the Philippine peso on... Read More
Manila, Sept. 11 -- A seven-hour red alert is up for the Mindanao grid from 1 p.m. to 8 p.m. Friday, while the red alert in the Visayas grid has been extended, the National Grid Corporation of the Phi... Read More
Manila, Sept. 10 -- Continued outages in several major coal-fired power plants will keep the Visayas and Mindanao power grids under red and yellow alerts on Thursday, the National Grid Corp. of the Ph... Read More
Manila, Sept. 9 -- A nine-hour red alert is in effect for the Visayas grid starting 1 p.m. to 10 p.m. Wednesday, while an eight-hour yellow alert is in effect for Mindanao from 1 p.m. to 9 p.m. The N... Read More
Manila, Sept. 9 -- The forecast extreme El Nino is not expected to severely affect power supply in Luzon as hydropower plants have benefited from the rains caused by the southwest monsoon or 'habagat'... Read More
Manila, Sept. 9 -- Bargain-hunting sustained the rise of the Philippine Stock Exchange index (PSEi) on Wednesday and the Philippine peso improved against the U.S. dollar. The local bourse's main inde... Read More
Manila, Sept. 8 -- A three-hour red alert has been raised over the Visayas grid on Tuesday starting at 5 p.m., while the Mindanao grid is again under yellow alert as power supply remains limited due t... Read More