WASHINGTON — The US will release 172 million barrels of oil from its strategic petroleum reserve in a bid to reduce oil prices that have soared due to supply shocks from the US-Israeli war on Iran, US ...

US intelligence indicates that Iran’s leadership is still largely intact and is not at risk of collapse any time soon after nearly two weeks of relentless US and Israeli bombardment, according to ...

The FBI warned law enforcement agencies last month of the possibility that Tehran might try to retaliate for any US strikes on Iran by launching surprise drone attacks in California, according to a ...

PRIVATE equity group Carlyle has agreed to sell its Colombian oil producer SierraCol to Prime Infrastructure Capital, Inc., (Prime Infra) the infrastructure unit of Filipino businessman Enrique K.

EARNINGS of Consunji-led Semirara Mining and Power Corp. (SMPC) fell 33% to P13.1 billion, mainly due to weaker coal and electricity prices, lower shipments, and higher production costs. For the ...

THE PHILIPPINES is hoping to conclude negotiations on a free trade agreement (FTA) with the European Union (EU) by the middle of the year, Trade Secretary Ma. Cristina A. Roque said. “By this year we ...

THE GOVERNMENT Service Insurance System (GSIS) said on Wednesday it will offer a financing program allowing government employees to finance their solar panel installations. The Ginhawa Solar Energy ...

METRO PACIFIC Investments Corp. (MPIC) recorded a 15% increase in consolidated core net income to P27.1 billion for 2025, as its power, water, toll road, and healthcare businesses delivered higher ...

ALTERNERGY Holdings Corp. plans to raise up to P5 billion through a proposed issuance of perpetual preferred shares to support funding for its renewable energy projects. In a statement on Wednesday, ...

WEST ZONE concessionaire Maynilad Water Services, Inc. plans to increase its investments in New Clark City over the next five years as part of its long-term expansion strategy. “We’re operating deep ...

City government signed a public-private partnership (PPP) contract for the P2.33-billion redevelopment of the city’s central public market. Under the partnership, Robinsons Land will build Palengke ...