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Lower output cuts Philex profit

Pangilinan-led Philex Mining Corp. saw its 2023 core net income decline to P963 million year-on-year due to lower output and elevated operating costs and expenses......»»

Category: financeSource:  philstarRelated NewsMar 1st, 2024

La cote de l Afrique de l Ouest etait un paradis pour la piraterie et la pche illegale : comment la technologie change la donne

Le golfe de Guinee - une region cotire qui s'etend du Senegal l'Angola - est dote de vastes reserves d'hydrocarbures, de mineraux et de ressources halieutiques. Il s'agit egalement d'une voie importante pour le commerce international, ce qui le rend essentiel au developpement des pays de la region.Cependant, pendant longtemps, les pays du golfe de Guinee n'ont pas s.....»»

Category: newsSource:  philippinetimesRelated NewsMar 10th, 2024

VP Sara pays tribute to SAF 44

VP Sara pays tribute to SAF 44.....»»

Category: newsSource:  sunstarRelated NewsJan 27th, 2024

8,000 additional motorcycle taxis to operate outside Metro Manila

The 8,000 additional motorcycle taxis will operate outside Metro Manila and no additional units will be allowed to operate within the metropolis, Transportation Secretary Jaime Bautista clarified over the weekend......»»

Category: sportsSource:  abscbnRelated NewsApr 8th, 2024

DOE slates 3rd round of Green Energy Auction

Another round of the Green Energy Auction will be conducted this year as part of the country’s utilization of renewable energy resources and attainment of energy security and reliability, the Department of Energy said......»»

Category: financeSource:  philstarRelated NewsFeb 13th, 2024

Philippines, Indonesia seek to strengthen cooperation for energy security

MANILA, Jan. 10 (Xinhua) -- The Philippines and Indonesia on Wednesday agreed to strengthen energy cooperation to safeguard energy security. Energy ministers of the two countries signed a memorandum of understanding (MOU) on energy cooperation at the presidential palace in Manila, where Indonesian President Joko Widodo was received by his Philippine counterpart Ferdinand Romualdez Marcos. Widodo arrived i.....»»

Category: newsSource:  manilanewsRelated NewsJan 12th, 2024

NGCP, ECCP sign deal to advance renewable energy development

In a landmark move toward fostering innovation and sustainability in the energy landscape of the country, the National Grid Corp. of the Philippines and the European Chamber of Commerce of the Philippines have inked an agreement to formalize their commitment to mutually advocate the utilization of renewable energy resources in the Philippines to increase the country’s power supply and energy generation......»»

Category: newsSource:  philstarRelated NewsApr 18th, 2024

NEWS BRIEFS | 27 February 2024

Energy exploration in BARMM opened for bidding The Department of Energy has opened four areas in the Bangsamoro Autonomous Region in Muslim Mindanao for exploration, development, and production of indigenous energy sources. Energy Undersecretary Alessandro Sales said coal exploration marked as “PDA-BC-1” covering 14,856 hectares in Kapai and Tagoloan towns in Lanao del Sur is […].....»»

Category: newsSource:  mindanewsRelated NewsFeb 27th, 2024

Basic Energy, Renova sign MOU for construction of 50MW Mabini Wind Energy Project

I reported last week on Basic Energy and its progress toward signing a memorandum of understanding with Renova Inc. to set the framework for signing an eventual Joint Development and Shareholders Agreement for the construction of the 50MW Mabini Wind Energy Project......»»

Category: financeSource:  philstarRelated NewsFeb 5th, 2024

Basic Energy signs MOU for joint development of 50MW Batangas wind project

Basic Energy announced that its board authorized the signing of a memorandum of understanding with Renova Inc., a Japanese renewable energy company, to set the framework toward signing a definitive Joint Development Shareholders’ Agreement for the 50 megawatt Mabini Wind Energy Project......»»

Category: financeSource:  philstarRelated NewsJan 31st, 2024

New payment mechanism for power ancillary services ready

The Department of Energy is soliciting stakeholders’ comments for its plan to adopt the so-called Causer Pays Mechanism......»»

Category: financeSource:  philstarRelated NewsApr 5th, 2024

AboitizPower eyes additional 1200 MW of renewable energy

Aboitiz Power Corp. is planning to develop mostly solar and wind power plants in the country as part of efforts to boost its renewable energy portfolio to about 1200 megawatts......»»

Category: financeSource:  philstarRelated NewsApr 8th, 2024

Citicore Renewable Energy IPO scheduled for May 31

Citicore Renewable Energy Corporation [CREC 3.88 pre-IPO] [link], the parent company of Citicore Energy REIT [CREIT 2.85 unch; 37% avgVol], has scheduled its IPO for May 31 after postponing its listing due to market conditions and negotiating a P5 billion stock sale of CREIT shares to the SM Investments [SM 975.00 ?0.5%; 156% avgVol] group......»»

Category: financeSource:  philstarRelated NewsApr 8th, 2024

NEDA cuts PHL additional rice import for 2016 by 25%

By Leslie D. Venzon MANILA, Dec. 17 (PNA) — The government will reduce by roughly one-fourth its planned additional volume of rice imports for the first semester of 2016 meant to boost........»»

Category: newsSource:  philippinestodaRelated NewsApr 13th, 2024

Baciwa-PrimeWater vows to deliver additional water supply

Baciwa-PrimeWater vows to deliver additional water supply.....»»

Category: newsSource:  sunstarRelated NewsMar 14th, 2024

Executive dep’t proposes additional budget of P963M

Executive dep’t proposes additional budget of P963M.....»»

Category: newsSource:  sunstarRelated NewsFeb 29th, 2024

DepEd to push for additional benefits for teachers

he Department of Education will push for “additional benefits” for teachers before Congress, amid a pending bill filed by the Makabayan bloc seeking to increase teachers’ monthly salary to P50,000......»»

Category: newsSource:  philstarRelated NewsFeb 16th, 2024

Basilan receives additional troops

Basilan receives additional troops.....»»

Category: sportsSource:  abscbnRelated NewsJan 29th, 2024

Recto: Government no plans of imposing additional taxes

Recto: Government no plans of imposing additional taxes.....»»

Category: newsSource:  sunstarRelated NewsJan 25th, 2024

US provides additional P28M to strengthen environmental law enforcement in Palawan

US provides additional P28M to strengthen environmental law enforcement in Palawan.....»»

Category: newsSource:  sunstarRelated NewsJan 23rd, 2024