MANILA – After two consecutive weeks of oil price hikes, motorists are expected to enjoy lower pump prices as firms are set to implement a rollback on Tuesday.

MANILA – With the looming dry season, the Department of Energy (DOE) is reminding the public to adopt energy efficiency measures to manage electricity consumption and ensure the stability of the country’s power supply.

MANILA, Philippines — The weaker selling prices in the energy market weighed on Consunji-led Semirara Mining and Power Corp. (SMPC), with its earnings declining by 30 percent to P19.63 billion in 2024 from P27.9 billion in 2023.

MANILA — The Department of Energy is asking the public to conserve energy as the Philippines’ “summer” or dry season begins, during which power consumption rises.

Maharlika Investment Corp. (MIC), the country’s sovereign wealth fund, is eyeing more investments in power distribution in Mindoro and Palawan as part of its portfolio, in line with its objective of being a development fund, according to MIC president and CEO Rafael Consing Jr.

MERALCO PowerGen Corp. (MGen) subsidiary MGEN Renewable Energy Inc. (MGreen) expects to exceed its renewable energy (RE) target of 1,500 megawatts (MW) by 2030 from the current 344.5MW.

SP New Energy Corp. (SPNEC) said Friday its subsidiary Terra Solar Philippines Inc. (MTerra Solar) signed a P150-billion loan agreement with six local banks.

Meralco PowerGen Corporation (MGen) has expressed interest in revisiting the Caliraya-Botocan-Kalayaan (CBK) hydropower complex, depending on specific deal structures.

The Cybercrime Investigation and Coordinating Center (CICC) and the Philippine National Oil Company (PNOC) have signed an agreement to study the use of hybrid solar and wind energy to power cybercrime-resilient facilities in some of the country’s most remote areas.

MANILA, Philippines — Lopez-led First Gen Corp. is putting up a rooftop solar facility to energize Oakridge Business Park, a four-hectare mixed-use property in Mandaue City, Cebu.