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...
Fort Pilar Energy, Inc. (FPEI), owned by the family of businessman-politician Michael “Mikee” Romero, is looking to expand the capacity of its Digos Solar Plant in Davao Del Sur to 40 megawatts...
The government will be allotting Php2.5 billion for fuel subsidies for the public transport sector as oil prices continue to rise amid the ongoing conflict between Russia and Ukraine. In a report...
Energy Sec. Alfonso Cusi is set to travel to the United States to sign a memorandum of understanding (MOU) with the US government to explore the development of small modular reactors (SMRs)...
The United States Agency for International Development (USAID) said that there is potential for renewable energy (RE) and energy efficiency to be integrated into the country’s post-COVID19 economic recovery plans. “The economic...
Manny V. Pangilinan-led PXP Energy said it is drilling two appraisal wells in its Service Contract (SC) 72 exploration block in gas-rich Recto Bank in the West Philippine Sea. “Each of Forum...
While the Philippines does not directly import crude oil from Russia and Ukraine, local pump prices can be affected by the ongoing conflict between the two countries. In a report by BusinessMirror,...
The board of Solar Philippines Nueva Ecija Corporation (SPNEC) has approved the asset-for-share swap with parent company Solar Philippines. In a disclosure to the Philippine Stock Exchange on Thursday, SPNEC said it...
Consumer welfare group Kuryente.org is calling for the Department of Energy (DOE), Energy Regulatory Commission (ERC), National Grid Corporation of the Philippines (NGCP), National Electrification Administration (NEA), and power generators to work...
To help address the adverse effects of the continuing oil price hikes in the country, especially to vulnerable sectors like public transport, Sen. Sherwin Gatchalian is looking to file a bill to...
