With the start of the “BER” months—a common phrase for September through December—motorists are bracing for another round of fuel price increases by the end of August. Effective Tuesday, Aug. 26, gasoline prices will climb by another ₱0.70 per liter, while diesel will go up by ₱0.50 per...
The Energy Regulatory Commission (ERC) said the regulator would accelerate its decisions on power supply deals to boost investor confidence and ensure reasonable prices for consumers. During a recent meeting, ERC Chairperson Francis Saturnino Juan stated that the commission needs to implement...
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...
In a continued effort to broaden access to the Competitive Retail Electricity Market (CREM), the Energy Regulatory Commission (ERC) is seeking to fast-track the lowering of the threshold for retail competition to allow more end-users to benefit from Retail Competition and Open Access (RCOA). ERC...
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...
Independent power producer (IPP) TeaM Energy Corp. has transferred its 735-megawatt (MW) Pagbilao coal-fired power plant to the government, following the expiration of its Build, Operate, and Transfer (BOT) contract. In a statement, TeaM Energy said Friday, Aug. 15, that the turnover to the Power...
