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MANILAlucky pot, Philippines—Tycoon Enrique Razon-led Prime Energy said developing indigenous sources would address three major energy challenges—sustainability; security and costs. In a statwment on Monday, Prime Energy said natural gas

The chairperson of the Senate committee on energy hailed the passage on final reading in the chamber of the proposed Philippine Natural Gas Industry Development Act (Senate Bill 2793) saying it ushers in a way to achieve energy security and lower co

The renewable energy market (REM) may go full steam ahead as the Independent Electricity Market Operator of the Philippines (IEMOP) targets to make it fully operational by yearend, an official said. Arjon Valencia, corporate planning and communicati

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PHOTO FROM PXP ENERGY/WEBSITE Pangilinan-led PXP Energy Corp., an upstream oil and gas firm, managed to cut its core net loss by 26% percent in the first nine months of 2024, thanks to higher fuel prices and improved performance of its Galoc oil fie