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Palace assures Congress: No secret details behind Aquino’s emergency powers

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Palace spokesman Edwin Lacierda. INQUIRER FILE PHOTO

Malacañang has assured lawmakers that Energy Secretary Carlos Jericho Petilla would not keep them in the dark on the details of the special powers requested by President Benigno Aquino III.

Posted: September 17th, 2014 in Latest Business Stories | Read More »

Oil firms cut prices of gasoline, kerosene

By
AP FILE PHOTO

Local oil companies have slashed prices of fuel products due to the continued softening of oil prices in the international market.

Posted: September 16th, 2014 in Latest Business Stories | Read More »

DOE seeks ‘plan B’ amid PSALM money woes

By
DOE Secretary Jericho Petilla. AP FILE PHOTO

With Power Sector Assets and Liabilities Management (PSALM) Corp. facing financial troubles, the government is seeking options in dealing with a potential power supply problem in 2015, Department of Energy (DOE) Secretary Carlos Jericho L. Petilla said.

Posted: August 26th, 2014 in Headlines,Latest Business Stories | Read More »

750 MW ready under ILP

By
INQUIRER FILE PHOTO

Companies with diesel generators may provide up to 750 megawatts (MW) of back-up power to help ease peak demand during next year’s power crunch, the Department of Energy (DOE) told the Inquirer.

Posted: August 18th, 2014 in Headlines,Latest Business Stories | Read More »

Aboitiz unit secures DOE nod for hydro deal

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SN Aboitiz Power Group (SNAP) is set to undertake its first major greenfield project—a 350-megawatt (MW) hydroelectric power facility in Ifugao province.

Posted: August 11th, 2014 in Editor's Pick,Headlines | Read More »

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