The Department of Energy (DOE) on Tuesday clarified its policy allowing the temporary importation and use of Euro 2 petroleum products, which are regarded as having “dirtier” emissions, saying it is only a contingency measure should fuel supply in the country reach “critical levels.”

MANILA – The Philippines continues to have adequate fuel supply until the second week of May, Energy Secretary Sharon Garin said Tuesday.

PXP Energy Corporation said one of its subsidiaries is converting millions of dollars in internal debt into shares, a move aimed at cleaning up its books and increasing ownership in a Cebu-based energy project.

The Energy Regulatory Commission (ERC) has authorized the National Grid Corporation of the Philippines (NGCP) to proceed with more than PHP 33 billion worth of transmission projects aimed at connecting new power plants to the grid in Luzon and the Visayas.

The Philippines is standing at a critical energy crossroads as it faces rising demand, a heavy dependence on fuel imports and increasing climate risks.

The National Electrification Administration (NEA) has released over PHP 237 million in loans to five electric cooperatives (ECs) in the first two months of 2026 to fund capital expenditure projects aimed at improving power reliability in their respective networks.

Philippine power producers are reconfiguring fuel sourcing and preparing contingency measures as global supply disruptions drive up liquefied natural gas (LNG) costs, with electricity price increases expected to begin as early as April.

Accelerating rooftop solar adoption could provide the Philippines with a long-term solution to fuel price volatility and energy security risks, according to Philippine Solar and Storage Energy Alliance (PSSEA) founder Tetchi Capellan.

Alternergy Holdings Corporation has started commercial operations of its 5-megawatt Dupinga run-of-river hydro power plant in Gabaldon, Nueva Ecija.

First Gen has sealed a renewable energy supply deal with Southville Global Education Network (SGEN), which aggregated over 1,800 kilowatts of electricity demand across its campuses to transition to direct clean power.