It is high time for Congress to pass a law institutionalizing transparency in the movements of petroleum prices to ensure the protection of rights and welfare of consumers. Sen. Sherwin Gatchalian made the call following the recent decision of the Supreme Court upholding the Court of...
Senator Alan Peter Cayetano renewed his pitch for the proposed Philippine Natural Gas Development Act—a measure that is crucial for the country’s goal of achieving long-term energy security. Earlier, his sister, Sen. Pia Cayetano, chairperson of the Senate Committee on Energy, sponsored...
State-run Philippine National Oil Company (PNOC) will be powering the industrialization goal cast by the Bangsamoro Autonomous Region in Muslim Mindanao (BARMM) for the Polloc freeport zone in Parang, Maguindanao. The two government agencies have sealed a memorandum of understanding (MOU) on the...
Leading clean energy developer First Gen Corporation is lining up 9,000 megawatts of renewable energy (RE) investments to concretize its well-calculated journey to net zero – and this business decision is out to prove that sustainability and profitability can go hand in hand without frying the...
A new report by New Energy Nexus (NEX) reveals the Philippines currently has 91 clean energy and climate startups, marking a six-fold increase from 15 startups in 2020. Most ventures are found in Metro Manila, but entrepreneurs from Northern Mindanao and Calabarzon are emerging in the field....
The Philippine Statistics Authority (PSA) reported that the country’s tourism industry consumed more water and energy last year than the previous year. However, the consumption levels still fall short of pre-pandemic figures, indicating that the industry is still working to fully regain its...
Danish firm Copenhagen Infrastructure Partners (CIP) is eyeing to diversify its capital formation for renewable energy (RE) projects in the country, with its investment sight now expanding into solar and energy storage systems. The Danish firm first entered the Philippine market last year with its...
The Department of Energy (DOE) is making a bold promise to power plant investors that it will be extending utmost help so they can secure warranted permits with the national government agencies (NGAs) as well as with their host-local government units (LGUs) so that the P1.29 trillion worth of...
Banks and other lending institutions are reportedly asking the Department of Energy (DOE) for a categorical definition and conclusive policy framework that shall serve as anchor to prospective financing of ‘transition coal’ projects that are still being allowed by the government for commercial...
Six Filipino brands secured over 100 trade leads during the Philippines’ first participation in the franchising and business Expo in Melbourne, Australia, the Department of Trade and Industry (DTI) said. The DTI reported that Avocadoria, BENCH, The Cabalen Group, Miguelitos Ice Cream, Oryspa, and...
AC Health, the Ayala Group’s leader in high-quality healthcare solutions, through the Healthway Medical Network, is transitioning its medical facilities to renewable energy in partnership with ACEN Renewable Energy Solutions (ACEN RES). In a statement disclosed to the Philippine Stock Exchange...
The Department of Trade and Industry (DTI) wants to boost trade and investment opportunities with AEON Retail Co., Ltd., Japan's largest retailer, to strengthen economic ties between the two countries. Acting DTI Secretary Cristina A. Roque recently met with executives from AEON Retail Co., Ltd. to...
