Diesel prices could increase by as much as PHP 5.77 per liter this week, while kerosene may see a hike of up to PHP 8.10 per liter, based on the latest fuel...
Maharlika Investment Corporation (MIC), the state-owned corporation that manages the Maharlika Investment Fund (MIF), has entered into a financing agreement with Petron Corporation, opening a short-term revolving credit facility of up to...
Photo credit: Forbes San Miguel Corporation (SMC) Chairman and CEO Ramon S. Ang has renewed his proposal to sell Petron Corporation back to the Philippine government, reviving a long-standing offer as policymakers...
The Department of Energy (DOE) on Tuesday, March 3, assured the public that local fuel supplies are adequately sufficient despite escalating tensions in the Middle East, but signaled that pump prices are...
The Department of Energy (DOE) and its Task Force on Energy Resiliency (TFER) are fast-tracking power restoration across storm-hit provinces while prioritizing critical facilities such as hospitals, evacuation centers, telecom and water...
Unioil Petroleum Philippines, Inc. has entered a new chapter in its growth after Aramco, one of the world’s largest integrated energy companies, completed its 25% equity acquisition in the local fuel firm....
The Department of Energy (DOE), through the Task Force on Energy Resiliency (TFER), reported that the country’s overall energy supply remains stable even as transmission and distribution facilities continue to recover from...
Despite the combined impact of Severe Tropical Storm Opong, Super Typhoon Nando, and the Southwest Monsoon, the Philippines’ three main power grids have remained stable, even as localized outages spread across multiple...
The Department of Energy (DOE) has called on power and fuel industry stakeholders to strengthen their infrastructure and supply chains as Tropical Depression Opong is expected to intensify into a typhoon within...
In response to mounting logistical hurdles caused by new transport restrictions on the San Juanico Bridge, the Department of Energy (DOE) has mobilized a multi-agency and industry-wide initiative to ensure continuous fuel...
