The Philippines and Slovenia are strengthening efforts to build a long-term partnership in energy security, leveraging science, technology, and innovation to develop resilient and cost-effective energy systems. The initiative was highlighted during the “Science2Business: Energy Resilience for...
The Department of Science and Technology (DOST) said it is boosting initiatives to roll out solar-powered and renewable energy solutions for farmers and drivers following the adverse effects of the Middle East conflict on the supply and price of petroleum products in the country. In the...
Senate President Pro Tempore Panfilo “Ping” Lacson on Tuesday, April 21 expressed support to the Department of Energy’s (DOE) move to mandate fuel price adjustments, calling it a far better move than leaving the price modifications to the oil firms. Lacson pointed this out saying such...
Philippine economic growth in 2026 would have hit the government’s downgraded target range had the war in the Middle East been short-lived, according to the United Nations Economic and Social Commission for Asia and the Pacific (UNESCAP). However, the Bangkok-headquartered UNESCAP said a...
Expanding beyond agriculture, the Department of Science and Technology (DOST) is rolling out solar energy applications in transport and other sectors to reduce reliance on imported fuel. In an interview, DOST Secretary Renato Solidum Jr. said the agency is pursuing multiple programs that integrate...
Stalling public investments, compounded by vulnerability to the escalating impacts of the ongoing global energy shock, prompted global debt watcher Fitch Ratings to downgrade its outlook on the Philippines’ investment-grade status from ‘stable’ to ‘negative.’ This shift in outlook places...
The Marcos administration is weighing the reversal of the government’s restrictive coal policy as the country grapples with the dual pressures of surging summer demand and volatile global energy prices. Energy Secretary Sharon Garin told reporters on Monday, April 20, that the Department of...
President Marcos said government fuel subsidies and fare discounts will continue as long as oil prices remain high, as he assured the public that more measures are being studied to ease the burden of the ongoing crisis. In an unexpected exchange with a college student following his inspection of...
PetroGreen Energy Corp., the renewable energy arm of the Yuchengco Group, began injecting power into the Luzon grid as it entered the final testing phase for its solar facility in Pangasinan, the company said Monday, April 20. In a disclosure to the Philippine Stock Exchange, the company said the...
With Iran announcing the reopening of the Strait of Hormuz and a possible war deal finally taking shape, the Philippine government’s so-called “energy emergency response” now appears to be a dithering strategy. It looks more like the state sprinted into a trap door—akin to buying a fire...
Ayala-led Globe Telecom Inc. is locking in long-term renewable energy (RE) contracts for its data center operations, moves intended to insulate the company from volatile power costs while meeting the intensifying electricity demands of the digital economy. The telecommunications giant said its...
President Marcos on Sunday announced a larger fuel price rollback next week, saying the reduction will bring much-needed relief to Filipino consumers. “Sa susunod po na linggo, may mas malaking bawas sa presyo ng langis (Next week, there will be a bigger reduction in oil prices),” the President...
