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Oil slips to $102 as US crude supplies seen rising

Oil-price-slips

The price of oil fell 2 percent to settle just above $102 a barrel Tuesday as investors weighed expectations of rising U.S. crude stockpiles against tensions in Ukraine.

Posted: April 23rd, 2014 in Latest Business Stories,Photos & Videos | Read More »

Oil prices down in quiet Asian trade

INQUIRER FILE PHOTO

Oil prices were down in subdued post-holiday Asian trade Monday, but retained support from the escalating Ukraine crisis following a deadly gunfight over the weekend, analysts said.

Posted: April 21st, 2014 in Latest Business Stories | Read More »

Gov’t urged to expand PH natural gas sector

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The Philippines should devote more resources into developing the natural gas sector as an environmentally sustainable means of fueling the growth of the economy.

Posted: April 20th, 2014 in Headlines | Read More »

Over 90 percent savings on lighting costs–unbelievable?

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When I talk to people about saving over 90 percent on industrial lighting applications, I get a stare of scepticism, and expressions of disbelief. I have learned to anticipate this because it opens up the opportunity to show how it can be done today with intelligent lighting.

Posted: April 20th, 2014 in Columnists,Featured Columns,Inquirer Columns | Read More »

Oil prices mixed ahead of long Easter weekend

AP FILE PHOTO

Oil prices finished in mixed fashion Thursday ahead of the long Easter weekend as Russia and the West sought to defuse the escalating Ukraine crisis.

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

AP Renewables studies Mt. Apo steam potential

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AP Renewables Inc., a subsidiary of Aboitiz Power Corp., is now studying the geothermal energy potential of two areas around Mt. Apo in power-starved Mindanao.

Posted: April 17th, 2014 in Headlines | Read More »

Otto eyes new SC55 partner by mid-2014

Australia’s Otto Energy Ltd., which has taken control of the oil and gas venture in Service Contract 55 (SC 55) off Palawan, hopes to find a new exploration partner by mid-year.

Posted: April 17th, 2014 in Headlines | Read More »

NGCP updates 10-year transmission plan

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National Grid Corp. of the Philippines (NGCP), which runs the country’s power transmission superhighway, has crafted a new plan for putting up new transmission backbones and upgrading existing systems under its Transmission Development Plan (TDP).

Posted: April 15th, 2014 in Headlines | Read More »

Trans-Asia to double power capacity by 2016

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Screengrab from http://www.transasia-energy.com.ph/

With its coal and wind power projects soon to take off, Trans-Asia Oil and Energy Development Corp. of the Phinma Group aims to double its power generating capacity by 2016.

Posted: April 14th, 2014 in Latest Business Stories | Read More »

DOE solar rooftop project readied

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The Department of Energy (DOE) is firming up its solar rooftop program with at least three schools expected to host pilot installations.

Posted: April 14th, 2014 in Headlines | Read More »

Energy-saving tips from DOE

FILE PHOTO

The Department of Energy (DOE) on Friday urged consumers to start power-saving practices, as the country faces periods of tight energy supply and volatile power rates.

Posted: April 12th, 2014 in Latest Business Stories | Read More »

Crude oil prices fall further in Asia

FILE PHOTO

Oil prices extended losses in Asian trade Friday as data showing a slowdown in China’s giant economy sparked concerns about weak demand.

Posted: April 11th, 2014 in Latest Business Stories | Read More »

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