Ramon Ang's Lopez Stake Triggers Competition Review by Philippine Regulator
The Energy Regulatory Commission will assess whether the tycoon's 25.7% investment in Lopez Inc. breaches market-share caps across power generation and distribution.
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The Energy Regulatory Commission will assess whether the tycoon's 25.7% investment in Lopez Inc. breaches market-share caps across power generation and distribution.

Energy department considers raising royalty terms beyond current 30 percent threshold while auction timeline slips toward year-end

State-owned Petrovietnam Gas explores multi-year deal for up to 450,000 tons annually, signaling deepening commitment to natural gas infrastructure

Iranian officials insist on U.S. compensation and sanctions relief before reopening the critical waterway, reversing last week's price slide

Oil markets reverse prior week's losses after Iran insists on additional conditions beyond shipping lane agreement with Oman, while Houthi strikes target Saudi infrastructure