The Department of Energy (DOE), in partnership with the Department of Information and Communications Technology (DICT), has launched an electronic complaint platform where consumers can report gasoline stations suspected of violating fuel pricing rules or experiencing supply shortages amid tensions in the Middle East.

Energy Development Corporation (EDC), a subsidiary of First Gen Corporation (First Gen) and the world’s largest vertically integrated geothermal company, officially commemorated its 50th anniversary of providing renewable energy to the Philippines on Thursday.

The Department of Energy (DOE) has issued show-cause orders to a total of 55 gasoline stations following reports that they raised fuel prices without proper justification amid global oil market uncertainties. This initiative comes amid heightened volatility arising from the ongoing developments in the Middle East.

MANILA – The goal of ensuring a reliable domestic power supply throughout the day is one reason the government, with support from the Asian Development Bank (ADB), has established a de-risking facility for geothermal power projects, Energy Secretary Sharon Garin said Thursday night.

ELECTRICITY prices in the Wholesale Electricity Spot Market (WESM) slightly fell by 1.8 percent to P3.5 per kilowatt hour (kWh) in February from P3.56 per kWh a month ago due to improved supply conditions in Luzon that helped stabilize overall market outcomes despite tighter supply conditions in other regions.

ENERGY DEVELOPMENT CORP. (EDC) is gaining steam this year as it plans to begin drilling at least one well in Indonesia, the world’s second-largest geothermal producer.

MANILA ELECTRIC CO. (Meralco) shares dipped last week despite favorable developments concerning the power distributor and its position as one of the most traded stocks by value turnover.

Luzon’s plummeting spot market prices are set to provide buffer against electricity rate hikes this month, though persistent grid bottlenecks mean the Visayas and Mindanao regions will be excluded from the relief.

The Government Service Insurance System (GSIS) and the Social Security System (SSS) will be observing a four-day onsite work week starting March 9 in line with the government’s energy conservation efforts.

MANILA – State agencies have been directed to strictly implement the Government Energy Management Program (GEMP) to save energy and cushion the impact of the ongoing Middle East conflict on domestic oil supply.