Energy
PSALM may issue more bonds in next 2 yrs
The Philippines could issue more bonds in the next two years to refinance maturing debt of state-run National Power Corp. (Napocor), a senior official said on Monday.
PetroChina buys 45.5% of Singapore refiner
BEIJING - PetroChina, the listed unit of China's biggest oil and gas producer, said Monday it had agreed to buy a stake in refiner Singapore Petroleum Co. for $1.02 billion.
Oil holds above $60 in Asia
SINGAPORE - Oil held above $60 a barrel in Asian trade Monday ahead of a meeting this week of the Organisation of Petroleum Exporting Countries (OPEC).
First Gas plants performing better than expected
First Gen Corp., the power generation arm of the Lopezes, said its subsidiary First Gas Corp. has enabled the optimal production of its two natural gas power plants in Batangas.
Oil holds above $60 in Asian trade
SINGAPORE - Oil prices held above $60 a barrel in Asian trade Friday on signs of rising energy demand in the United States, a key growth engine for the world economy.
RP to sign implementing rules of Renewable Energy Act
The Philippines is slated to sign rules on Monday that will implement a law encouraging investments in renewable energy, a senior official said on Thursday.
Oil prices lower in Asian trade
SINGAPORE - Oil traded lower in Asia on Thursday as investors cashed in on profits after an overnight rally that pushed prices beyond $62, analysts said.
Cam Sur pedicabs turned into 'mini-dump trucks'
In a bid to speed up waste collection, a busy 5th class municipality in southeast Luzon has decided to take on trash one tiny pedicab at a time.