K-pop stars BTS, G-Dragon and BLACKPINK, soccer player Son Heung-min and trot singer Lim Young-woong led Forbes Korea 's 2026 Power Celebrity 40 list. The Power Celebrity 40 rankings were based on income (50 percent), media mentions (15 percent), social media influence (15 percent), and fan...
The Department of Energy (DOE) plans to require bidders for the upcoming Semirara coal mine auction to reserve part of their coal output for the domestic market as the government seeks to strengthen the country’s energy security amid lingering supply risks. Energy Secretary Sharon Garin told...
State-run Maharlika Investment Corp. (MIC), which manages the country ’s first sovereign wealth fund (SWF), has signed a cooperation agreement with key government energy agencies to modernize and rehabilitate the aging power transmission system of Mindoro Island, with officials aiming to...
Jin Navitas Electric Corp., the retail electricity supply arm of the Joy~Nostalg Group, plans to expand its power contract portfolio by 700 megawatts over the next two years to capitalize on the country 's deregulated energy market. Jose Alfonso Miras, JNEC president and chief executive...
Are you afraid of the dark? Well, that depends on whether we are talking about horror movies or the national power supply! Just when Filipino consumers thought they could finally survive the summer’s rotational blackouts, the international energy market strolled in like a sequel villain,...
DAVAO CITY – Inside a small tribal hub in Barangay Binugao, Toril District, sewing and handloom machines hum steadily as the women of the Binugao Bagobo-Tagabawa Women’s Association (BIBATAWA) work side by side. Scattered across their tables are colorful fabrics, beads, and threads. For them,...
CALAPAN CITY, Oriental Mindoro – Gov. Humerlito A. Dolor has given existing and new independent power providers until May 31 to make their plants fully operational to significantly reduce power interruptions in this province. Dolor said that the operational infrastructure, from plants or...
ILOILO CITY – Relief for consumers here amid high oil prices. MORE Electric and Power Corp. (MORE Power) reduced electricity rate by P0.27 per kilowatt-hour (kWh) for May. From P12.14/kWH in April, MORE Power’s residential rate dropped to P11.8710/kwH this month. MORE Power’s commercial...
MORE Electric and Power Corp. (MORE Power), backed by tycoon Enrique K. Razon Jr., is providing financial relief to its customers through reduced electricity rates for May. MORE Power reported that its residential rate for May dropped to ₱11.8710 per kilowatt-hour (kWh), down from ₱12.14/kWh in...
San Miguel Global Power Holdings Corp. (SMGP), the energy arm of billionaire Ramon S. Ang’s conglomerate, has accelerated its shift toward cleaner energy, deploying nearly half of the proceeds from its recent ₱30 billion bond issuance to fund solar and hydroelectric developments. In a...
The Department of Energy’s (DOE) annual summer ritual is familiar: it promises that the electricity supply will be “enough and stable,” but the power grid clearly is not getting the memo. After decades of forecasting, energy officials still miss the mark so consistently that it almost feels...
DUBAI, United Arab Emirates (AP) — A drone strike targeted the United Arab Emirates ' Barakah nuclear power plant Sunday, setting an electrical generator ablaze on its perimeter and again straining the shaky ceasefire in the Iran war. No one immediately claimed responsibility for the...