Fuel prices rising again next week after Putin’s threat
After making a hefty rollback in fuel prices last week, oil companies are expected to raise them by as much as P8.30 per liter this week after Russian President Vladimir Putin threatened European gas imports and a storm knocked out a major oil pipeline.
Pagudpud wind farm now biggest in PH, to boost renewable energy
The installation of 32 wind turbines that can each generate 5 megawatts (MW) of electricity is expected to be completed within the last quarter of 2022 in the coastal barangays of Caunayan and Balaoi in Pagudpud, Ilocos Norte.
DOE tells govt agencies: Conserve energy amid oil crisis
Speaking to CNN Philippines’ New Day on Thursday, Energy Undersecretary Gerardo Erguiza said this initiative will save up to 24 megawatts in a year, which is equivalent to ₱840 million, enough to put up a diesel power plant.
PH riding on ‘nuclear energy renaissance’
‘Nuclear renaissance’ is undoubtedly gaining traction and sweeping policy agendas for global energy markets, with the likes Germany opting to decommission nuclear fleets; while others are integrating this technology in the revolution of their future energy mix. The Philippines, too, is toying with the idea of a potential nuclear energy mix.
Fuel price drop next week seen as temporary
MANILA, Philippines — The large drop in local fuel prices expected next week may not be sustainable as the International Energy Agency (IEA) warned that the global oil supply would suffer a major cut once Russia’s petroleum stops reaching the market due to sanctions over its invasion of Ukraine.
Philippines: Php11.45 rollback in diesel prices, Php5.45 for petrol
Manila: At the stroke of midnight on Tuesday (March 22, 2022) fuel retailers are set to reduce prices of petroleum products, offering a relief for Filipino consumers following 11 straight weekly price increases at the pump.
5 Philippine cities to lead $3.8-billion electric vehicle drive
Five major cities in the Philippines will spearhead the electric vehicle (EV) and charging infrastructure deployment under a partnership between the Department of Trade and Industry (DTI) and the United Nations Industrial Development Organisation (Unido), it was announced Friday.
AC Energy agrees HSBC debt for 160-MW wind farm in the Philippines
March 16 (Renewables Now) – Philippine-based AC Energy Corp (PSE:ACEN) will use debt from HSBC Holdings Plc (LON:HSBA) to partly fund the construction of a 160-MW wind farm in the northern Philippine province of Ilocos Norte.
