The Energy Regulatory Commission (ERC) has expanded its retail aggregation program (RAP) to include schools, allowing educational institutions to consolidate their electricity demand and choose their own power suppliers. In a statement, ERC said that SM Prime Holdings, Inc. and Aboitiz-led...
As the Department of Energy (DOE) grapples with escalating fuel prices driven by tensions in the Middle East, the government is exploring alternative fuel sources to ease the burden on consumers. During a joint press briefing with the Presidential Communications Office (PCO) on Tuesday, June 24,...
Geopolitical tensions are expected to send ripples to local fuel prices this week, with motorists bracing for back-to-back price hikes starting Tuesday. Seaoil, along with other fuel companies that met with the Department of Energy (DOE) on Monday, June 23, announced that they will implement a...
The Department of Energy (DOE) announced on Monday, June 23, that the government has reached an agreement with oil companies for the staggered implementation of domestic petroleum price adjustments. In a statement, DOE Officer-in-Charge Sharon S. Garin said this measure was taken in response to...
The Department of Energy (DOE), in collaboration with the Southeast Asia Energy Transition Partnership (ETP), has released a guidebook to assist developers and other government agencies in pursuing offshore wind (OSW) projects in the Philippines. In a statement on Monday, June 23, the DOE unveiled...
The country’s grip on foreign direct investment (FDIs) appears to be slipping rapidly in the downstream oil sector, with industry insiders drip-feeding intel that American energy giant Chevron Corporation is already laying the groundwork for a prospective strategic exit – and that’s signaling...
The Energy Regulatory Commission (ERC) has authorized five power developers to build, own, and operate their own point-to-point (P2P) limited transmission facilities. In a notice, ERC said these facilities will enable five power firms’ renewable energy (RE) projects to connect to the grid via the...
Senator Sherwin Gatchalian said on Saturday, June 21, that the government can release a ₱2.5-billion fuel subsidy fund to cushion the impact of rising oil prices on the transportation, agriculture, and fisheries sectors, with the Israel-Iran conflict driving up fuel costs. In an interview on...
The escalating tensions in the Middle East, which are expected to drive up fuel prices significantly, should prompt the Philippines to accelerate its transition to renewable energy (RE), according to a trade envoy. George Freeman, the United Kingdom’s (UK) trade envoy to the Philippines, said...
The Department of Energy (DOE) announced that the drilling operations in the Malampaya phase 4 project have commenced, following the arrival of a new drillship in offshore Palawan. In a statement on Friday, June 20, DOE Officer-in-Charge Sharon Garin, alongside officials of the Malampaya...
Senator Risa Hontiveros has urged the government to consider imposing mandatory repatriation of Filipinos from Israel and Iran as the conflict between the two countries continue. Hontiveros made the call even after President Ferdinand “Bongbong” Marcos Jr. thumbed down calls to enforce...
The Energy Regulatory Commission (ERC) announced that average generation rates charged by distribution utilities (DUs) decreased in May amid stable prices in the electricity spot market. Preliminary data from the ERC showed that the monthly average generation rate for the National Capital Region...
