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Brix Lelis
Brix Lelis
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Peso sinks past 64 to $1 barrier
by Brix Lelis - October 28, 2026 - 12:00am
The peso breached the 64-per-dollar mark for the first time yesterday, deepening concerns that the currency’s continued slide could make electricity, fuel and other imported goods more expensive for Filipino...
Weak peso may push up fuel, power costs
by Brix Lelis - October 28, 2026 - 12:00am
The peso sliding to record lows against the dollar could squeeze household budgets and threatens to push electricity bills and fuel prices even higher.
Japan’s JERA banks on AboitizPower for Philippine expansion
by Brix Lelis - October 27, 2026 - 12:00am
Japanese energy giant JERA is counting on Aboitiz Power Corp. to further deepen its Philippine presence, affirming continued support for the latter’s diversification and growth ambitions.
Can Asean Power Grid slash electricity prices?
by Brix Lelis - October 27, 2026 - 12:00am
Connecting Southeast Asia’s power grids is one thing. Making electricity more affordable for households and businesses across the region is another.
Philippine lauded for Asean oil stockpiling push
by Brix Lelis - October 27, 2026 - 12:00am
The Marcos administration earns an International Energy Agency (IEA) nod for steering Southeast Asia’s push to build regional oil reserves.
Prime Infrastructure ready to supply natural gas in Visayas and Mindanao
by Brix Lelis - October 26, 2026 - 12:00am
Prime Infrastructure Capital Inc. of tycoon Enrique Razon Jr. is targeting the Visayas and Mindanao as new markets for its natural gas business.
MGEN mulls bid for 232 megawatt Mindanao coal plant
by Brix Lelis - October 26, 2026 - 12:00am
Meralco PowerGen Corp. (MGEN) may consider bidding for Mindanao’s first coal-fired power plant, seeing an opportunity in the region’s growing electricity demand.
Diesel price hike looms; rollback for gasoline
by Brix Lelis - October 24, 2026 - 12:00am
Motorists should brace for another increase in diesel prices next week as escalating hostilities in the Middle East threaten to further disrupt global oil supplies.
DOE: P5 trilllion needed to harness 25 GW of hydropower capacity
by Brix Lelis - October 23, 2026 - 12:00am
The Philippines needs roughly P5 trillion in investments to fully harness its vast hydropower potential, according to the Department of Energy.
Nido Petroleum allots $100 million for Palawan exploration
by Brix Lelis - October 22, 2026 - 12:00am
Nido Petroleum Philippines Pty. Ltd. is stepping up oil and gas exploration in Palawan, committing up to $100 million (about P6.3 billion) to drill new wells.
DOE denies Semirara coal auction bias
by Brix Lelis - October 22, 2026 - 12:00am
The Department of Energy has defended the fairness of the Semirara coal auction, saying it is neither favoring any bidder nor sidelining the current operator.
Razon Group poised for power expansion in Mindanao
by Brix Lelis - October 21, 2026 - 12:00am
Tycoon Enrique Razon Jr. is all set to expand his power distribution business in Mindanao after consumers backed his proposed deal with South Cotabato II Electric Cooperative (Socoteco 2).
Government mulls Bataan nuclear plant privatization
by Brix Lelis - October 21, 2026 - 12:00am
The government is weighing the sale of the long-mothballed Bataan Nuclear Power Plant after a feasibility study yielded encouraging results on its potential revival.
Peak power demand seen rising amid El Niño
by Brix Lelis - October 21, 2026 - 12:00am
The country’s peak electricity demand could jump by 10.7 percent next year as the “super El Niño” threatens to further intensify summer heat, according to the Department of Energy.
UK government commits $1.6 billion for climate financing
by Brix Lelis - October 20, 2026 - 12:00am
State-run British International Investment has pledged to mobilize $1.6 billion (about P100.9 billion) in climate financing for the Philippines and other developing Southeast Asian economies.
LNGPH spending P6 billion for LNG storage expansion
by Brix Lelis - October 19, 2026 - 12:00am
LNGPH, the multibillion-dollar venture of tycoons Manuel V. Pangilinan, Sabin Aboitiz and Ramon Ang, is looking to spend roughly P6 billion to expand its liquefied natural gas (LNG) storage capacity.
‘Make me sweat, make me water’
by Brix Lelis - October 19, 2026 - 12:00am
South African singer Tyla made waves with her Grammy-winning hit “Water,” but El Niño is putting the spotlight on water for a different reason.
Oil stockpiling deal eyed between Philippines, United States
by Brix Lelis - October 19, 2026 - 12:00am
The United States, a key actor in the Middle East war that has rattled global fuel supply chains, is now keen to help the Philippines establish its planned strategic petroleum reserves.
Higher bioethanol blend eyed as gas prices soar
by Brix Lelis - October 18, 2026 - 12:00am
With gasoline prices hovering above P100 per liter, the government is looking to raise the mandatory bioethanol blend to help ease pressure at domestic pumps.
Gokongwei, Salazar named Management Persons of the Year
by Brix Lelis - October 17, 2026 - 12:00am
Tycoon Lance Gokongwei and Phinma Corp. president and COO Chito Salazar have been selected as recipients of the prestigious MAP Management Persons of the Year 2026 award.
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