When President Marcos took office in 2022, his administration vowed to ramp up oil and gas investments, starting within the safer terrains of the Philippines’ exclusive economic zone (EEZ). It also eyed the flashpoint: restarting exploration and drilling in the contested waters of the West...
Higher oil demand and ongoing geopolitical tensions are raising concerns about a potential fuel price spike in the final week of August. Based on the four-day trading average from the Mean of Platts Singapore (MOPS), gasoline prices could increase by ₱0.40 to ₱0.50 per liter. Diesel may also...
The Department of Energy (DOE) said it will release a memorandum next month to set official guidelines for carbon credit trading in the country. On the sidelines of GenZero Climate Summit Insights 2025 (Manila), Energy Undersecretary Felix Fuentebella told reporters the DOE plans to roll out the...
Government agencies posted a 94-percent utilization rate of their cash allocations in the first seven months of 2025, unchanged from a year ago, but the Department of Energy (DOE) and the Department of Information and Communications Technology (DICT) continued to trail behind. Latest data from the...
The Department of Energy (DOE) is rolling out the first electrification projects for the year, partnering with five electric cooperatives (ECs) in Luzon and Visayas to address power strains in remote areas. In a statement on Tuesday, Aug. 19, the DOE announced the signing of a memorandum of...
The Department of Energy (DOE) said it has secured interest from a United States-based (US) firm to explore potential natural hydrogen sites in Luzon, a step in the Philippines’ search for new energy sources. Energy Secretary Sharon Garin told reporters that Koloma, Inc., a natural hydrogen...
The Department of Energy (DOE) said the agency is developing a carbon credit policy for the energy sector to attract investments, reduce emissions, and help the country meet its climate goals. In a statement on Monday, Aug. 18, the DOE said the policy aims to guide energy stakeholders, particularly...
As Metro Manila grapples with persistent flooding during the rainy season, the Department of Energy (DOE) is renewing its focus on waste-to-energy (WTE) as a potential solution to both reduce waste and contribute to the country’s energy supply. Energy Secretary Sharon Garin told reporters that...
Motorists may face a fuel price shake-up next week, with gasoline expected to rise amid strong demand, while diesel may see a rollback due to growing supply. Based on the four-day Mean of Platts Singapore (MOPS), gasoline per liter may increase somewhere between ₱0.40 and ₱0.60, while diesel...
Motorists could see relief at the pump next week, as rising oil supply is set to push fuel prices down. Based on the four-day Mean of Platts Singapore (MOPS) and the foreign exchange average, gasoline may see a potential decline of ₱0.25 to ₱0.60 per liter, while diesel could see a ₱1.25 to...
To fully integrate solar energy into government facilities, the Department of Energy (DOE) is seeking a strong partnership with the private sector. Energy Undersecretary Felix Fuentebella stated on Wednesday, Aug. 6, that private institutions are needed to achieve the full installation of solar...
Following a series of yellow alerts on the Visayas grid, the Department of Energy (DOE) is urging power plant operators to restore their facilities immediately. Energy Secretary Sharon Garin stated on Tuesday, August 5, that she has directed Undersecretary Mario Marasigan to investigate the forced...
