@brixlelis

Business Reporter at The Philippine Star | views are my own | 📩 [email protected]

 Taguig City
philstar.com/authors/1808224/brix-lelis
Joined November 2020
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Bad news for coffee lovers: Lean harvest may lead to higher coffee prices philstar.com/business/2026/1…

Bad news for coffee lovers: Lean harvest may lead to higher coffee prices

Bernardo Sotelo Jr. is the head barista for Masa Bakehouse, a well-known café in San Juan, La Union. He says that rising costs for coffee beans could force the shop to consider increasing drink...

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DIESEL PRICES UP, GAS DOWN THIS WEEK The Department of Energy prescribes a maximum price hike of P2.60 per liter for diesel prices this week. Gasoline and kerosene prices, meanwhile, will go down by at least P4.30 and P1 per liter, respectively. | via @brixlelis
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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 storage capacity. philstar.com/business/2026/1…

LNGPH spending P6 billion for LNG storage expansion

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.

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With the country bracing for hotter and drier conditions, hydropower developers are hopeful of turning the dry spell into an opportunity to advance project construction.  philstar.com/business/2026/1…

‘Make me sweat, make me water’

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.

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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. philstar.com/headlines/2026/…
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DIESEL PRICES UP, GAS DOWN THIS WEEK The Department of Energy prescribes a maximum price hike of P2.60 per liter for diesel prices this week. Gasoline and kerosene prices, meanwhile, will go down by at least P4.30 and P1 per liter, respectively. @PhilippineStar
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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 reserve. @PhilippineStar
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Energy Secretary Sharon Garin met with her US counterpart, Chris Wright, in Washington this week to explore ways to expand bilateral cooperation between the two countries. @PhilippineStar
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The meeting covered potential cooperation in oil stockpiling, liquefied natural gas, coal, geothermal energy and nuclear power. @PhilippineStar
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Semirara Mining and Power Corp. has criticized what it claims is “complete secrecy” surrounding the award of a new operating contract for the country’s largest coal mine. philstar.com/business/2026/1…

‘Complete secrecy’ in Semirara coal auction flagged

Semirara Mining and Power Corp. has criticized what it claims is “complete secrecy” surrounding the award of a new operating contract for the country’s largest coal mine.

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The Energy Regulatory Commission has temporarily halted Reserve Market operations to curb persistently high ancillary service prices, especially in the Visayas. philstar.com/business/2026/1…

ERC suspends power reserve market

The Energy Regulatory Commission has temporarily halted Reserve Market operations to curb persistently high ancillary service prices, especially in the Visayas.

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The Energy Regulatory Commission has lifted capacity limits on new power plants, allowing developers to build larger facilities to help meet the country’s growing electricity demand. philstar.com/business/2026/1…

ERC lifts capacity limits on new power facilities

The Energy Regulatory Commission  has lifted capacity limits on new power plants, allowing developers to build larger facilities to help meet the country’s growing electricity demand.

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HAPPENING NOW: Sen. Risa Hontiveros delivers the keynote address at the Management Association of the Philippines’ General Membership Meeting, underscoring the importance of mental health and the need to make it a shared priority in schools and workplaces. @PhilippineStar
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JUST IN: JG Summit president and CEO Lance Gokongwei and Phinma Education president and CEO Chito Salazar have been named Management Persons of the Year by the Management Association of the Philippines. @PhilippineStar
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MIXED PUMP ADJUSTMENTS SEEN NEXT WEEK After four trading days, industry estimates point to a potential rollback of P4 to P4.20 per liter for gasoline prices. Diesel prices, meanwhile, could go up by P0.20 to P0.40 per liter. @PhilippineStar
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EXPECT HIGHER MERALCO RATES THIS MONTH Meralco will raise its overall power rates by 32 centavos per kWh this month, translating to an increase of around P64 for typical households consuming 200 kWh. @PhilippineStar
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The latest adjustment does not yet reflect the impact of the Energy Regulatory Commission’s decision on Meralco’s rate reset and the P2.64-billion refund order. @PhilippineStar
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VISAYAS, MINDANAO SPOT POWER PRICES REMAIN IN DOUBLE DIGITS Electricity spot prices in the Visayas and Mindanao soared past P12 per kilowatt-hour (kWh) in September, Independent Electricity Market Operator of the Philippines said. @PhilippineStar
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In Luzon, spot prices increased by 5.7% to P5.18 per kWh from P4.90 per kWh previously. Power utilities source part of their power requirements from the spot market, where prices fluctuate based on supply and demand. @PhilippineStar
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The latest price movements are expected to be reflected in consumers’ power generation charges this month. @PhilippineStar
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