THE P5.27-billion transmission project that will strengthen reliable power delivery for Aklan province is 93.16% complete, according to the Department of Energy (DoE).
First Gen Corporation clarified that it was Prime Infrastructure Capital, Inc. (Prime Infra)–not its chairman and CEO Federico “Piki” R. Lopez–that requested the inclusion of so-called “key man” provisions in their joint venture agreements for two major pumped storage hydro projects.
Pangasinan 2nd District Representative Mark Cojuangco is pushing to integrate nuclear energy into the Philippines’ power mix through a new legislation, saying the move could bring electricity costs down to as low as PHP 5 per kilowatt-hour.
HOTEL OPERATORS in the Philippines are facing pressure from rising costs and weakening demand as the ongoing energy crisis drives up airfares, disrupts flights, and dampens hotel demand, according to Leechiu Property Consultants (LPC).
RAZON-LED Prime Energy Resources Development B.V., operator of the Malampaya gas field, said it is exploring potential areas beyond the country’s main natural gas source to help firm up power supply.
The Department of Energy (DOE) announced Wednesday it has issued an advisory mandating the submission and utilization of available storage capacity at oil and gas depots and terminals.
Motorists and consumers may expect another round of pump price rollbacks in the coming week, Department of Energy (DOE) officials said Wednesday.
THE Philippine Economic Zone Authority (Peza) announced it has approved a new renewable energy investment in Batangas, with a solar manufacturing firm set to produce panels for export markets.
REPOWER Energy Development Corp. (REDC) is looking at posting “stronger” 2026 financial performance after it posted an increase of 177 percent in earnings to P330 million in 2025 brought about by the robust performance of its power assets.
THE National Grid Corp. of the Philippines (NGCP) said transmission wheeling rates will remain unaffected by the energy crisis, saying the rates are regulated and not tied to fuel prices.