Lenie Lectura
BusinessMirror
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Past articles by Lenie:
Gas pricier by ₧1 at the pump today
Oil firms announced Monday an increase in the price of gasoline products. The P1-per liter price hike takes effect Tuesday morning. The price of diesel and kerosene, on the other hand, will be slashed by P0.10 per liter and P0.60 per liter, respectively. Seaoil, Petron, Shell, Total, Caltex, PTT, Phoenix… → Read More
Higher pump prices for gas, diesel today
OIL firms announced on Monday they will increase gasoline and diesel pump prices today, Tuesday. An additional P0.90 per liter will be added to gasoline prices and P1.05 per liter for diesel. Meanwhile, kerosene prices will go down by P0.25 per liter. Seaoil, Shell, Total, Unioil, Caltex, Petron, PTT, and… → Read More
NEA allots P1.6B for sitio electrification, reminds ECs of ‘timely submission’ of liquidation reports
The National Electrification Administration (NEA) has set aside P1.627 billion to energize 1,085 sitios this year. Under its Sitio Electrification Program (SEP), NEA targets to energize 350 sitios in Luzon, 336 sitios in Visayas and 399 sitios in Mindanao this year. NEA Administrator Antonio Mariano Almeda appealed to the electric… → Read More
PHL’s rural electrification program needs ₧29.542B more–NEA chief
THE National Electrification Administration (NEA) needs P29.542 billion to pursue its electrification program. “For the full realization of total electrification, NEA’s initiative is to serve the remaining 1,168,969 consumer connections. The needed subsidy for NEA is a total of P23.013 billion sourced from National Government and, if the needed strategies… → Read More
‘Big time’ hike: Oil firms adjust fuel prices; gas up by ₧2.80, diesel ₧2.25
Pump prices will go up by over P2 per liter this week. On Monday, oil firms announced they would implement an increase gasoline prices by P2.80 per liter, diesel by P2.25 per liter, and kerosene by P2.40 per liter. Seaoil, Shell, PTT, Phoenix, Caltex, Total, Petron said the adjusted pump… → Read More
Bleak, challenging energy sector outlook seen in ’23
INDUSTRY stakeholders paint a bleak and very challenging power sector this year. The Institute for Climate and Sustainable Cities (ICSC) said rotating brownouts could happen in the second quarter of this year because of two reasons that were not included in earlier projections of the grid operator. “The power outlook for… → Read More
Electricity rates in January may go up, says Meralco
The Manila Electric Co. (Meralco) warned on Thursday that power rates are likely to go up this month. It did not say by how much, but the utility firm is expected to announce it in the next few days. “There is a strong likelihood that prices will increase this January,”… → Read More
Cheaper fuel price at the pump today
OIL firms will implement nearly P4 per liter of rollback in diesel. They said Monday that diesel prices will be reduced by P3.95 per liter, effective Tuesday morning. The price of kerosene and gasoline will also go down by P2.65 per liter and P0.85 per liter, respectively. Most oil firm announced the price rollback to → Read More
Oil firms cut fuel pump prices for 2nd consecutive week
For the second consecutive week, oil firms announced Monday a reduction in pump prices starting Tuesday morning. Gasoline prices will be reduced by P0.25 per liter, diesel will go down by P.60 per liter, and kerosene will be sold at P0.25 per liter cheaper. Prior to this week’s price adjustment, oil companies implemented a per → Read More
Oil firms slash fuel pump prices
Oil companies announced a price rollback starting Tuesday after implementing a hefty price increase last week. They said in separate announcements that they will reduce the price of gasoline by P2.6 per liter, diesel by P1.55 per liter and kerosene by P1.6 per liter. Seaoil, PTT, Phoenix, Petron, Shell, Caltex, Total will implement the price → Read More
Regulation fees bulk of ERC’s high revenue goal
THE Energy Regulatory Commission (ERC) is projecting revenues to hit P3.429 billion until 2025. The agency told lawmakers last week that this year’s target revenue is set at P970.189 million. For 2023, 2024 and 2025, the projected numbers are P812.496 million, P814.144 million and P832.689 million, respectively. As of June 30 this year, the ERC’s → Read More
NGCP places Luzon on ‘yellow alert’ for three consecutive days
The Luzon grid is running low on power reserves for the third consecutive day. “The Luzon grid is on yellow alert due to insufficient operating reserve,” a notice from the National Grid Corporation of the Philippines (NGCP) stated. The yellow alert took effect from 10 a.m to 11 a.m, and 12… → Read More
Treat your maid with respect
The International Labour Organization said there are 75.6 million domestic workers worldwide. Despite the enforcement of the International Domestic Workers Convention a decade ago, about 96 percent of them still do not enjoy a full range of social protection, according to the ILO. In a recent report—“Making the right to social… → Read More
Senate honors Susan Roces: ‘A reachable star’
The Senate adopted on Monday three resolutions (Senate Resolution Nos. 1002, 1004, 1005) expressing their profound sympathy and sincerest condolences on the death of Jesusa Sonora Poe, popularly known as Susan Roces, who passed away on May 20, 2022 at the age of 80. Here’s the sponsorship speech of Senate… → Read More
Gas prices up ₧3.95; diesel ₧2.30 cheaper
Gasoline prices will go up while diesel and kerosene prices will be reduced starting Tuesday morning. Oil firms announced Monday it will jack up gasoline prices by P3.95 per liter. However, they will slash diesel price by P2.30 per liter and kerosene by P2.45 per liter. The oil price adjustment takes… → Read More
First Gen moves to secure LNG supply
First Gen Corp. (FGen) said its search for liquefied natural gas (LNG) suppliers has elicited “positive feedback.” FGen Executive Vice President and Chief Commercial Officer John Russel said interested suppliers should be able to deliver supply starting 2023 up to 2027 and facilitate spot LNG purchases to supplement LNG supply… → Read More
Oil companies hike fuel pump prices today
LOCAL pump prices will increase today, Tuesday, the 14th upward price adjustment since the start of the year. Oil firms announced Monday that they will increase gasoline prices by P3 per liter, diesel by P4.10 per liter and kerosene by P3.50 per liter. Seaoil, PTT, Phoenix, Shell, Total, Caltex, Unioil, and… → Read More
Oil firms hike gas, diesel, kerosene pump prices
Oil prices are up again. On Monday, oil companies announced a price increase to take effect Tuesday morning. They said in separate advisories that gasoline prices will be sold P0.45 per liter more, P1.70 per liter higher for diesel, and P0.45 per liter more for kerosene. This is the 13th increase… → Read More
Oil firms roll back fuel pump prices
LOCAL pump prices will go down this week, oil firms announced on Monday. Gasoline prices will be reduced by P2.30 per liter, diesel by P1.85 per liter and kerosene by P1.65 per liter. The price reduction will take effect today, Tuesday, at 6 p.m. for Seaoil, Petron, Shell, Caltex, Total,… → Read More
Oil firms hike fuel pump prices a week after ‘big time’ rollback
Local pump prices are on the rise again. On Monday, oil companies announced they would increase the price of gasoline products by P3.40 per liter, diesel by P8.65 per liter, and kerosene by P9.40 per liter. This is the 12th price increase for the year. Seaoil, Caltex, PTT Philippines, Unioil, Shell,… → Read More