The National Grid Corp. of the Philippines maintained that it “simply followed” the protocols set by the Energy Regulatory Commission in responding to the multiple plant shutdowns in Panay on Jan. 2 that led to a widespread blackout in Western Visayas...
Oil firms are seen implementing a mixed movement in pump prices next week, with gasoline prices potentially extending its increases to a third straight week.
Hefty price rollbacks at the pumps are expected next week, which could potentially extend the declines in gasoline and kerosene prices to a third consecutive week.
Rates of the Manila Electric Co. are up this month due to higher generation charge, ending two straight months of rate reductions for more than 7.7 million Meralco customers.