THE Department of Energy (DOE)—Department of Justice (DOJ) Task Force will reconvene to jointly enforce the newly-issued operating guidelines against hoarding in the downstream oil industry during a State of National Energy Emergency (SNEE).
The Presidential Communications Office (PCO) on Sunday warned the public against spreading fake news about energy security, supply, or pricing amid the soaring fuel prices caused by the ongoing conflict in the Middle East.
The war in the Middle East is being fought with weapons, but its wider consequences are economic. It is also another entirely predictable shock that exposes a deeper vulnerability: our continued dependence on fossil fuels.
ANALYSTS warned the Philippines risks weakening its sea claims if it revives joint energy exploration talks with China without strictly anchoring any arrangement on a 2016 arbitral ruling that voided Beijing’s expansive claims in the South China Sea.
THE Philippines’ top diplomatic and energy officials met Iranian Ambassador to Manila Yousef Esmaeilzadeh following the instruction of President Ferdinand Marcos Jr. to request the safe passage of Philippine-bound oil shipment in the Strait of Hormuz.
The Energy Regulatory Commission last March announced a possible electricity rate hike in April due to the effects of summer and high oil prices. However, the Department of Energy said it is taking measures to prevent excessive increases in consumers’ electric bills.
Transmission development timelines, which can stretch up to a decade, are emerging as a critical constraint on the Philippines’ renewable energy buildout, where wind and solar projects can be completed in as little as one year, according to National Transmission Corporation (TRANSCO).
The Philippines’ offshore wind pipeline has reached over 68 gigawatts (GW) across 90 service contracts, signaling strong investor interest—but officials say the sector’s main challenge has shifted to execution, particularly grid and port readiness.
The Energy Regulatory Commission has announced revised rules governing how power distribution utilities recover local taxes from consumers, tightening transparency requirements and adding safeguards against overcharging.
Citicore Renewable Energy Corporation (CREC) has energized a 69-megawatt peak (MWp) solar facility in Silay City, Negros Occidental, adding new capacity to the Visayas grid ahead of the high-demand summer months.