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Oil prices fall after weak Chinese data

oil-prices

Oil prices fell in Asia Monday after a sharp slowdown in Chinese industrial production raised concerns about slackening demand in the world’s top energy consumer, analysts said.

Posted: September 15th, 2014 in Latest Business Stories | Read More »

Energy secretary urges big businesses to sacrifice profits

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DOE Secretary Jericho Petilla. AP FILE PHOTO

Energy Secretary Jericho Petilla appealed to big businesses to sacrifice profits and contribute to the energy reserve this coming summer when the country expects to experience power shortage.

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

Team Energy, Aboitiz launch Pagbilao 3

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The 735-MW Pagbilao coal-fired thermal power plant’s maintenance schedule would be postponed as part of efforts to ease the tightness in power supply this summer, the Department of Energy said on Wednesday. INQUIRER FILE PHOTO

Team Energy Corp. of Japan and Aboitiz Power Corp. on Thursday launched the $976 million (roughly P43 billion) Pagbilao 3 coal-fired power facility in Quezon province, which will add 420 megawatts to the Luzon grid by 2017.

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

Gov’t urged to invest in education, infra to draw more investments, create jobs

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TUCP

The head of the Trade Union Congress of the Philippines urged the government to invest more in education and infrastructure for the energy and agriculture sectors to draw more investments that would open up more jobs for workers.

Posted: September 9th, 2014 in Latest Business Stories | Read More »

Oil prices down after weak US jobs report

oil-prices

Oil prices dipped in Asia Monday as a disappointing US jobs report tempered sentiment about demand in the world’s top crude consumer, analysts said.

Posted: September 8th, 2014 in Latest Business Stories | Read More »

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