The Energy Regulatory Commission (ERC) has ordered the suspension of the Wholesale Electricity Spot Market (WESM) across all major grids, as regulators move to contain supply risks and price volatility triggered by...
The Department of Energy (DOE) has activated a PHP 20-billion emergency fund to launch a Strategic Fuel Program aimed at strengthening the country’s fuel security amidst continued volatility in global oil markets....
The Philippines has sufficient power supply in grids across the country that can last until June 2026, but reserve margins remain vulnerable to changes in demand, according to a study released by...
President Ferdinand Marcos Jr. has signed into law Republic Act No. 12316. This measure allows the president to reduce or suspend the excise tax on petroleum products during periods of high global...
Solar energy is being positioned as a “low-hanging fruit” to improve power reliability in the Philippines, as the grid faces ongoing vulnerabilities ahead of the summer months and amidst global market volatility....
Lopez-led First Gen Corp. reported an 8% increase in attributable recurring net income for 2025, as stronger hydro generation offset weaker earnings from its geothermal unit amid lower spot market prices and...
Citicore Energy REIT Corp. (CREIT) reported its highest annual dividend payout since listing, declaring total dividends of PHP 0.203 per share for 2025, driven by stable lease revenues and additional variable income...
ACEN has secured financing for its wind project in India, marking another step in the company’s international expansion of renewable investments overseas. The Ayala-led energy company said it obtained a INR 7.517...
President Ferdinand R. Marcos Jr. has declared a state of national energy emergency, citing the escalating geopolitical tensions in the Middle East that are currently threatening global oil supply and consequently the...
The Department of Energy (DOE) is investigating around 400 gasoline stations nationwide following reports of closures suspected to be linked to hoarding and profiteering. During a press conference on Monday, March 24,...
