The pump prices of diesel may decrease by P20.89 per liter, while that of gasoline may be down by P4.43 per liter and kerosene cut by P8.50 per liter this week, Department of Energy (DOE) Secretary Sharon Garin said Sunday.

THE Department of Energy (DOE) said on Sunday that it will conduct virtual meetings for the remaining Association of Southeast Asian Nations (Asean) energy activities.

SOUTHEAST ASIA is leaning more heavily on coal-fired power generation amid global oil shocks, with countries such as the Philippines seeing increased reliance, according to international research group Zero Carbon Analytics (ZCA).

The Energy Regulatory Commission (ERC) has implemented a modified administered pricing mechanism for the Wholesale Electricity Spot Market (WESM), effective 26 March 2026, aimed at stabilising electricity rates and optimising the allocation of generation resources. The pricing adjustment coincided with the nationwide suspension of WESM operations at dispatch interval 00:05H on the same day.

Alternergy Holdings Corporation has secured shareholder approval for a shelf registration covering future public issuance of its Green Perpetual Preferred Shares, paving the way for potential capital raising to support its expanding renewable energy pipeline.

Levanta Renewables has awarded an engineering, procurement, and construction (EPC) contract to China Energy Engineering Group (CEEC) for a 166-megawatt-peak (MWp) solar farm paired with an 80-megawatt-hour (MWh) battery energy storage system (BESS) in the Visayas, marking a new utility-scale hybrid project in the Philippines’ pipeline.

Global energy firm TotalEnergies and Abu Dhabi-based clean energy developer Masdar (Abu Dhabi Future Energy Company) have formed a USD 2.2-billion joint venture (JV) to consolidate and scale renewable energy assets across Asia, including existing and planned investments in the Philippines.

Maharlika Investment Corporation (MIC) is recalibrating its investment strategy to focus more heavily on fuel storage, grid infrastructure, and broader energy security assets following recent global oil supply disruptions, its president and CEO Rafael Consing said.

Citicore Renewable Energy Corporation (CREC) secured multiple recognitions at the FinanceAsia Asia’s Best Companies Poll 2026, highlighting investor confidence as the company accelerates its renewable energy expansion in the Philippines.

Electricity rates increased this April as the Manila Electric Company (Meralco) implemented a price increase attributed to higher generation costs linked to peso depreciation.