The Department of Energy (DOE) has reiterated its call to amend Republic Act 8479 or the Oil Deregulation Act to help ease the soaring fuel prices amid the ongoing conflicts between Russia...
Over a year after the submission of its draft, Pres. Rodrigo Duterte signed the national position for a nuclear energy program through Executive Order (EO) No. 164 on Monday, though the new...
Basic Energy Corporation will be allotting an initial budget of Php31 million for its 50-megawatt (MW) Mabini Wind Project in Batangas, which will begin construction soon. In a disclosure to the Philippine...
Filipino-American activists, led by the US Pinoys for Good Governance, have called for the boycott of oil giant Chevron Corporation over the sale of Chevron Malampaya’s 45% share in the Malampaya gas-to-power...
The Philippine Electricity Market Corporation (PEMC) will be conducting a study that will establish an energy transition road map that aims to introduce mechanisms and enhancements that would promote the participation of...
Yuchengco-led Rizal Commercial Banking Corporation (RCBC) will be focusing its lending projects on at least 1,600 megawatts (MW) of renewable energy (RE) projects over the next two years. RCBC Corporate Banking Group...
Consunji-led Semirara Mining and Power Corporation (SMPC) recorded a net income of Php16.2 billion in 2021, its highest in 41 years, with profits jumping nearly five times from 2020’s Php3.3 billion. SMPC...
The Department of Energy (DOE) has signed a memorandum of understanding (MOU) with Germany-based MAN Energy Solutions SE (MAN ES) as part of the government’s efforts to develop the country’s downstream natural...
SMC Global Light and Power Corporation and SunAsia Energy, Inc. have challenged Terra Solar’s unsolicited offer to supply 850 megawatts (MW) of mid-merit power to the Manila Electric Company (MERALCO). According to...
Prices at the Wholesale Electricity Spot Market (WESM) dropped 13% in February as more power generating units reconnect to the grid, the Independent Electricity Market Operator of the Philippines (IEMOP) said. Power...
