The Department of Energy (DOE) threatened oil companies with legal action if they fail to implement government-mandated price rollbacks that significantly exceed industry calculations, citing powers granted under a state of national energy emergency. Energy Secretary Sharon Garin issued the...
The Philippine economy is facing its most severe test from the ongoing oil crisis, with economists warning that surging fuel costs and supply disruptions are exposing deep structural vulnerabilities and could derail growth prospects this year. In separate reports released on Friday, April 10,...
With oil prices continuously rising due to the Middle East conflict, the Pasig local government will implement a temporary four-day compressed workweek for city hall employees beginning Monday, April 13, and will further intensify mandatory energy conservation measures. The local government said...
The interagency Fiscal Incentives Review Board (FIRB) has allowed registered business enterprises (RBEs) in economic zones and freeports to temporarily adopt work-from-home (WFH) arrangements of up to 90 percent of their workforce, following the declaration of a national energy emergency. In a...
The Department of Energy (DOE) reported nearly 1,600 available charging points for electric vehicles (EVs) across the country as the government ramps up infrastructure support for the growing clean mobility sector. Based on DOE data as of March, about 1,569 charging points have been switched on. Of...
Enhanced energy security and streamlined investment in the power sector will be the centerpiece of a new threshold program being developed by the United States (US) aid arm Millennium Challenge Corp. (MCC) and the Philippines, as the country grapples with surging oil prices and supply disruptions...
Senator Pia Cayetano cautioned on Thursday, April 9 the Commission on Higher Education (CHED) over its policy allowing higher education institutions (HEIs) to shift to online classes a 100 percent amid the fuel and energy crisis. Cayetano made the statement after CHEd issued the new guidance...
CEBU CITY – Amid rising fuel costs, Bohol Gov. Aris Aumentado has issued an executive order (EO) calling for austerity measures in the province. Aumentado urged city and municipal government units, barangays, and community-based associations in EO No. 13 to minimize expenses in the conduct of...
The Philippines’ energy rationing measures, including a shortened four-day workweek for some government offices, are disproportionately hitting low-income households, raising risks of stagflation and potential social unrest, according to think tank Oxford Economics. In a report on Thursday, April...
Ayala-led renewable energy (RE) firm ACEN Corp. and its retail electricity supply (RES) unit continue to dominate the green energy retail market, but the company is now pushing to make clean energy more accessible to households by lowering the minimum demand threshold for participation in the Green...
The Commission on Higher Education (CHED) has allowed higher education institutions (HEIs) to temporarily shift to full online learning amid the declaration of national energy emergency. In a memorandum issued April 7 and signed by Chairperson Shirley Agrupis, CHED said the directive was released...
Ayala-led renewable energy (RE) firm ACEN Corp. sees 2026 as a pivotal year, hopeful that renewed generation from its assets could catapult the company’s profits upward. In an ambush interview, ACEN Chief Executive Officer (CEO) Eric Francia said the company’s local wind operations are likely...
