Category : Search result: energy prices


IEA Forecast: Coal Demand to Peak in 2025, Then Fall

The International Energy Agency forecasts global coal demand will hit a record high in 2025 before declining by 3% by 2030, driven by competition from renewables and LNG. Read the full analysis.

Mindanao Signs 5 MOUs with Korean Companies for Growth

Mindanao Development Authority formalized five strategic MOUs with South Korean firms on Dec 10, 2025, covering renewable energy, nickel processing, and safety tech to position the region as a prime investment hub.

Cebu Rice Prices Jump P700-P1,000 per Sack

Cebu faces a sharp rice price hike due to supply shortages from delayed imports, typhoons, and bulk government purchases. Learn the causes and current costs.

MinDA, BARMM, NZ Boost Mindanao Clean Energy & Peace

MinDA, BARMM-Menre, and New Zealand Embassy officials met in Davao to strengthen cooperation on Mindanao's clean energy transition, peace, and development. Key initiatives include a NZ$25M fund for coal plant retirement and support for indigenous communit

PCC Approves Prime Infra-First Gen Joint Ventures

The Philippine Competition Commission greenlights the major energy asset deal between Prime Infrastructure and First Gen after review, citing no threat to market competition. Read the full analysis.

OPEC+ Pauses Oil Production Increases in 2026

OPEC+ suspends planned oil output hikes for January-March 2026, citing seasonality. The alliance, led by Saudi Arabia and Russia, opts for a cautious stance. Discover what this means for global oil markets and the Philippines.

Mixed Fuel Price Adjustments Announced for December 1

Oil firms announced a major P2.90/liter diesel rollback and a P3.20/liter kerosene cut on Dec 1, while gasoline increased slightly. Get the latest on fuel price trends and the global factors driving the changes.

Cebu November Inflation Seen at 1.1%-1.9%

BSP forecasts Cebu's November 2025 inflation between 1.1% and 1.9%. Discover the factors behind this economic trend and its implications for consumers.

DTI's P500 Noche Buena Budget Criticized in Cebu

Cebu City residents criticize the DTI's P500 Noche Buena budget as insufficient for a traditional Christmas meal amid rising prices. Learn why families are calling the proposal 'insulting'.

Bill Expands More Power Franchise in Iloilo

Rep. Janette Garin files HB 6292 to extend More Power's franchise to 7 Iloilo municipalities, citing lower rates and improved service. Learn about the proposed expansion.

Bohol Tourism Price Controversy Explained

The 'Bohol is Gold' social media storm reveals tourism pricing realities across the Philippines. Discover why prices are rising everywhere and the political motives behind the controversy. Learn how to navigate tourist pricing wisely.

Cebu's Garbage Crisis: Landfill Threat After 8 Years

Cebu City faces a growing waste management crisis as the Inayawan Landfill remains unrehabilitated despite a 2017 Supreme Court order. Councilor Joel Garganera urges immediate action for a sustainable solution.

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